TY - JOUR
T1 - Intrafirm trade and vertical fragmentation in U.S. multinational corporations
AU - Ramondo, Natalia
AU - Rappoport, Veronica
AU - Ruhl, Kim J.
N1 - Publisher Copyright:
© 2015 Elsevier B.V.
PY - 2016/1/1
Y1 - 2016/1/1
N2 - Using firm-level data, we document two new facts regarding intrafirm trade and the activities of the foreign affiliates of U.S. multinational corporations. First, intrafirm trade is concentrated among a small number of large affiliates within large multinational corporations; the median affiliate ships nothing to the rest of the corporation. Second, we find that the input-output coefficient linking the parent's and affiliate's industries of operation - a characteristic commonly associated with production fragmentation - is not related to a corresponding intrafirm flow of goods.
AB - Using firm-level data, we document two new facts regarding intrafirm trade and the activities of the foreign affiliates of U.S. multinational corporations. First, intrafirm trade is concentrated among a small number of large affiliates within large multinational corporations; the median affiliate ships nothing to the rest of the corporation. Second, we find that the input-output coefficient linking the parent's and affiliate's industries of operation - a characteristic commonly associated with production fragmentation - is not related to a corresponding intrafirm flow of goods.
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U2 - 10.1016/j.jinteco.2015.08.002
DO - 10.1016/j.jinteco.2015.08.002
M3 - Article
AN - SCOPUS:84952980877
SN - 0022-1996
VL - 98
SP - 51
EP - 59
JO - Journal of International Economics
JF - Journal of International Economics
ER -