Battle of Titans
Structural Shifts in MNCs Global Production
Bibliographic Data
| ID | 7173112 |
|---|---|
| Authors | Maksim A Yurevich (0000-0003-2986-4825, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation, corresponding author), Anna Fedyunina (0000-0002-2405-8106, National Research University Higher School of Economics, 20, Myasnitskaya Str., Moscow, 101000, Russian Federation), Yuri Simachev (0000-0003-3015-3668, National Research University Higher School of Economics, 20, Myasnitskaya Str., Moscow, 101000, Russian Federation) |
| Year | 2025 |
| Volume | 69 |
| Issue | 2 |
| Pages | 5-15 |
| Publication date | 2025-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | World Economy and International Relations (JOURNAL) |
| Journal identifiers | ISSN: 0131-2227 • E-ISSN: 2782-4330 |
| Publisher | Primakov Institute of World Economy and International Relations (PUBLISHER) |
| DOI | 10.20542/0131-2227-2025-69-2-5-15 |
| OpenAlex | W4407554769 |
| Language | EN |
| References cited | 43 |
Structural shifts occurring in the global economy are changing the nature and mode of international expansion for multinational corporations (MNCs) and their participation in global production. However, scholars and researchers still have few tools to analyze such shifts, and studies of MNC behavior are often limited by data on foreign direct investment flows, which often do not reflect MNC participation in host countries. We use data from the AAMNE OECD database and demonstrate that using statistics on MNC output allows for a deeper understanding of the structural shifts in MNC participation in global production. The results confirm existing observations that the use of data on FDI flows is insufficient to provide a comprehensive assessment of MNCs’ participation in modern global production. The application of MNC output data also provides another perspective on the spread of global value chains and confirms the standard observation that the most active formation of global chains in the last two decades has been in the automotive and computer and electronics industries. The estimates obtained show that the absence of offshoring growth in the case of Chinese MNCs does not necessarily imply limited participation in foreign markets. Moreover, the expansion of offshoring production in developed countries (such as Germany, France, the United States) does not always lead to the spread of global value chains in manufacturing industries. In future research, it would be important to use data on MNC participation in the output of both home and host economies to analyze ongoing structural shifts and assess the effectiveness of industrial policy instruments
Archaeology · Battle · Business · Economic geography · Economics · Geography · International trade · Microeconomics · Multinational corporation · Production (economics) · Global Trade and Competitiveness · Global trade and economics · International Business and FDI
Offshoring Jobs? Multinationals and U.S. Manufacturing Employment
Globalisation at a critical conjuncture
Globalisation in reverse? Reconfiguring the geographies of value chains and production networks
Is this the end of globalization (as we know it)
Value chains, networks and clusters
Globalization and Deindustrialization
The European regions in the global value chains
The Backlash Against Globalization
Globalization, deglobalization and the liberal international order
| Citation velocity | historical |
|---|---|
| Highly cited | No |