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American Economic Review Vol. 105 No. 5 2015

Multinational Production: Data and Stylized Facts

Natalia Ramondo1; Andrés Rodríguez-Clare2; Felix Tintelnot3

1 School of International Relations and Pacific Studies, University of California at San Diego, 9500 Gilman Drive, La Jolla, CA 92093 (e-mail: ) · 2 University of California at Berkeley, 549 Evans Hall 3880, Berkeley, CA 94720 and NBER (e-mail: ) · 3 University of Chicago, Department of Economics, 5757 S. University Avenue, Chicago, IL 60637 (e-mail: )

Abstract

We present a comprehensive data set on the bilateral activity of multinational firms, with focus on two variables: affiliate revenues and the number of affiliates across country pairs. Our basic data are from UNCTAD and include 59 countries, an average over 1996-2001. We implement an extrapolation procedure that fills in missing values using, alternately, FDI stocks and the bilateral number of M&A transactions. Our dataset allows for the analysis of new patterns of multinational production activities across countries, by taking into account firm rather than balance of payment variables, and both the intensive and extensive margins of multinational activities.

DOI
10.1257/aer.p20151046
Volume
105
Issue
5
Pages
530-536
Language
en
Sources
openalex bibtex:phds-export.bib crossref

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