F23 - Multinational Firms; International Business - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T09:13:44+00:00Market Size and Entry in International Trade: Product Versus Firm Fixed Costs
https://www.bankofcanada.ca/2018/09/staff-working-paper-2018-43/
This paper develops a theoretical framework to infer the nature of fixed costs from the relationship between entry patterns in international markets and destination market size. If fixed costs are at the firm level, firms take advantage of an intrafirm spillover by expanding firm-level product range (scope).2018-09-07T13:22:24+00:00enMarket Size and Entry in International Trade: Product Versus Firm Fixed Costs2018-09-07Firm dynamicsInternational topicsTrade integrationStaff Working Paper 2018-43https://www.bankofcanada.ca/wp-content/uploads/2018/09/swp2018-43.pdfMarket Size and Entry in International Trade: Product Versus Firm Fixed CostsWalter SteingressSeptember 2018FF1F12F14F2F23Does Outward Foreign Investment Matter for Canadian Productivity? Evidence from Greenfield Investments
https://www.bankofcanada.ca/2018/07/staff-working-paper-2018-31/
This paper seeks to understand how outward foreign direct investment (FDI) affects the productivity of Canadian firms. We estimate the impact of outward greenfield investment on measures of firm-level productivity using FDI data from roughly 2,000 Canadian firms and more than 4,000 outward FDI projects over the 2003–14 period.2018-07-16T15:46:51+00:00enDoes Outward Foreign Investment Matter for Canadian Productivity? Evidence from Greenfield Investments2018-07-16Firm dynamicsProductivityStaff Working Paper 2018-31https://www.bankofcanada.ca/wp-content/uploads/2018/07/swp2018-31.pdfDoes Outward Foreign Investment Matter for Canadian Productivity? Evidence from Greenfield InvestmentsNaveen RaiLena SuchanekMaria BernierJuly 2018DD2D24FF2F21F23Expropriation Risk and FDI in Developing Countries: Does Return of Capital Dominate Return on Capital?
https://www.bankofcanada.ca/2017/02/staff-working-paper-2017-9/
Previously reported effects of institutional quality and political risks on foreign direct investment (FDI) are mixed and, therefore, difficult to interpret. We present empirical evidence suggesting a relatively clear, statistically robust, and intuitive characterization.2017-02-21T12:59:57+00:00enExpropriation Risk and FDI in Developing Countries: Does Return of Capital Dominate Return on Capital?2017-02-21Development economicsInternational financial marketsStaff Working Paper 2017-9https://www.bankofcanada.ca/wp-content/uploads/2017/02/swp2017-9.pdfExpropriation Risk and FDI in Developing Countries: Does Return of Capital Dominate Return on Capital?M. AkhtaruzzamanNathan BergChristopher HajzlerFebruary 2017DD2D23FF2F21F23Government Corruption and Foreign Direct Investment Under the Threat of Expropriation
https://www.bankofcanada.ca/2016/03/staff-working-paper-2016-13/
Foreign investment is often constrained by two forms of political risk: expropriation and corruption. We examine the role of government corruption in foreign direct investment (FDI) when contracts are not fully transparent and investors face the threat of expropriation.2016-03-28T12:24:49+00:00enGovernment Corruption and Foreign Direct Investment Under the Threat of Expropriation2016-03-28Development economicsEconomic modelsInternational topicsStaff Working Paper 2016-13https://www.bankofcanada.ca/wp-content/uploads/2016/03/swp2016-13.pdfGovernment Corruption and Foreign Direct Investment Under the Threat of ExpropriationChristopher HajzlerJonathan RosboroughMarch 2016FF2F21F23F3F34Why Do Canadian Firms Invest and Operate Abroad? Implications for Canadian Exports
https://www.bankofcanada.ca/2014/12/discussion-paper-2014-7/
Canadian foreign direct investment and sales of Canadian multinational firms’ operations abroad, particularly in the manufacturing industry and in the United States, have accelerated sharply over the past decade.2014-12-12T12:17:11+00:00enWhy Do Canadian Firms Invest and Operate Abroad? Implications for Canadian Exports2014-12-12International topicsRecent economic and financial developmentsDiscussion Paper 2014-7https://www.bankofcanada.ca/wp-content/uploads/2014/12/dp2014-7.pdfWhy Do Canadian Firms Invest and Operate Abroad? Implications for Canadian ExportsMartin CoiteuxPatrick RizzettoLena SuchanekJane VollDecember 2014FF1F10F2F21F23F4F41Exporting and FDI with Endogenous Productivity
https://www.bankofcanada.ca/2007/03/working-paper-2007-14/
This paper provides an analysis of how a firm’s decision to serve a foreign market by exporting or by engaging in foreign direct investment (FDI) affects firm productivity, when productivity is endogeneous as a function of training. The main result of our paper is that, with endogeneous productivity, exporting results in lower productivity than does FDI, but exporting may result in higher or lower employment and output than does FDI.2007-03-01T15:31:05+00:00enExporting and FDI with Endogenous Productivity2007-03-01International topicsLabour marketsProductivityWorking Paper 2007-14 https://www.bankofcanada.ca/wp-content/uploads/2010/03/wp07-14.pdfExporting and FDI with Endogenous ProductivityOana SecrieruMarianne VigneaultMarch 2007FF2F22F23Multinationals and Exchange Rate Pass-Through
https://www.bankofcanada.ca/2006/08/working-paper-2006-30/
The authors examine the impact of multinational enterprises (MNEs) on exchange rate pass-through in an environment where an MNE engages in Cournot (quantity) competition with domestic and foreign rivals.2006-08-05T16:01:34+00:00enMultinationals and Exchange Rate Pass-Through2006-08-05Economic modelsExchange ratesMarket structure and pricingWorking Paper 2006-30 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-30.pdfMultinationals and Exchange Rate Pass-ThroughAlexandra LaiOana SecrieruAugust 2006FF2F23LL1L16Degree of Internationalization and Performance: An Analysis of Canadian Banks
https://www.bankofcanada.ca/2005/11/working-paper-2005-32/
The international business literature measures the link between the degree of internationalization (DOI) of a firm's activities and its performance.2005-11-01T13:08:29+00:00enDegree of Internationalization and Performance: An Analysis of Canadian Banks2005-11-01Financial institutionsWorking Paper 2005-32 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp05-32.pdfDegree of Internationalization and Performance: An Analysis of Canadian BanksWalid HejaziEric SantorNovember 2005FF2F23GG2G21