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Accounting For Cross-Country Income Differences: New Evidence From Multinational Firms.pdf

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Preview of Accounting for Cross-Country Income Differences: New Evidence from Multinational Firms
🔗 Source: conference.nber.org
📊 Size: 782 KB
📄 Pages: 59 pages
⬇️ Downloads: 86

Summary

Researchers developed a framework to decompose cross-country income differences into 'country-embedded factors' and 'aggregate firm know-how'. Using data on multinational enterprises, they found a strong positive correlation between aggregate firm know-how and total factor productivity (TFP) across countries. Differences in aggregate firm know-how account for about 30% of observed cross-country differences in TFP. The study used firm-level revenue data to measure aggregate firm know-how, allowing for imperfect technology transfers across countries. The results provide new evidence on the determinants of cross-country income differences, highlighting the role of both country-embedded factors and aggregate firm know-how.

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Description

Researchers developed a framework to decompose cross-country income differences into 'country-embedded factors' and 'aggregate firm know-how'.

Technical Information

  • File Format: PDF
  • File Size: 782 KB
  • Pages: 59
  • Language: EN
  • Total Downloads: 86
  • Last Updated: 1 week ago

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Accounting guideAccounting tutorialCross-Country guideCross-Country tutorialIncome guideIncome tutorialDifferences: guideDifferences: tutorialEvidence guideEvidence tutorialfrom guidefrom tutorialMultinational guideMultinational tutorialFirms guideFirms tutorial

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