Comparisons of Foreign Multinationals and Local Firms in Asian Manufacturing over Time
Bibliographic Data
| ID | 19034799 |
|---|---|
| Authors | Eric D Ramstetter (corresponding author), Eric Ramstetter |
| Year | 1999 |
| Volume | 13 |
| Issue | 2 |
| Pages | 163-203 |
| Publication date | 1999-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Asian Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 1351-3958 • E-ISSN: 1467-8381 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1467-8381.00080 |
| OpenAlex | W2164827564 |
| Language | EN |
| Citations received | 5 |
| References cited | 2 |
This paper first shows that shares of foreign multinational corporations (MNCs) in the manufacturing sectors of five Asian host economies (Hong Kong, Indonesia, Malaysia, Singapore and Taiwan) were generally large in terms of exports, small in terms of employment and moderate in terms of production. Correspondingly, the average product of labour and export propensities were often significantly higher in foreign MNCs than in local firms. In addition, foreign MNCs tended to be relatively large and to have relatively high average capital productivity, capital intensity, skilled‐labour intensity, R&D intensity, profit rates and import propensities, but relatively low shares of labour compensation in value added, and these differences were also statistically significant in many cases. Differences between wholly‐ or heavily‐foreign plants and foreign plants with lower foreign ownership shares were also significant in many cases and generally in the same direction as the differences between MNCs and local plants noted above. Differences among MNCs by foreign source were generally small and insignificant in Hong Kong. In Singapore, European and US firms tended to be larger and characterized by relatively high average labour productivity, capital intensity, profitability and export propensities, but relatively low shares of labour compensation in value added compared to Japanese and other Asian firms
Business · Capital intensity · Economic growth · Economics · Foreign capital · Foreign direct investment · Foreign ownership · International trade · Labour economics · Multinational corporation · Productivity · Profitability index · Corporate Finance and Governance · Global trade and economics · International Business and FDI
Trade Propensities and Foreign Ownership Shares in Indonesian Manufacturing
Turnover, ownership and productivity in Malaysian manufacturing
Drivers of export competitiveness
Productivity Differentials Between Local and Foreign Plants in Indonesian Manufacturing, 1995
Wage Differentials between Foreign Multinationals and Local Plants and Worker Quality in Malaysian Manufacturing
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,19 |
| Citation span | 1999 - 2020 (22) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |