No

<p> </p><p>Since the 1990s and the Swedish membership in the European Union in 1995, the presence of Multinational Enterprises (MNEs) has increased radically in the Swedish economy. The objective with this study is to analyze MNEs effects in different regions within the Swedish manufacturing industry in terms of productivity. Is a region with more MNEs, more pro-ductive than a region with a lower share of MNEs? The theory claims that productivity spillovers of MNEs occurs through three channels namely, via R&D, increased competi-tion and transmission of technology. By observing 81 regions which consists of all 290 municipals in Sweden and taking the average value of productivity and the explanatory variables trough 1997-2004, a cross-sectional analysis is conducted. The results evidently showed signs of productivity spillovers of MNEs on local firms in the manufacturing in-dustry. Findings suggest that (1) a regions with higher share of MNEs did face a higher re-gional productivity. However the spillovers was not successfully absorbed by regions with a industry structure that was not dominated by a the manufacturing industry. (2) Larger re-gions, in terms of population, tend to show a lower productivity level compared to the av-erage levels of the rest of the regions, since their structure was dominated by the service sector. (3) Regions with small technological difference compared to the MNEs, tends to hold the skills and knowledge needed to efficiently exploit the productivity spillovers, hence MNEs influence on regional productivity was greater in these regions than regions with a lower level of technical capability.</p><p> </p>

Since the 1990s and the Swedish membership in the European Union in 1995, the presence of Multinational Enterprises (MNEs) has increased radically in the Swedish economy. The objective with this study is to analyze MNEs effects in different regions within the Swedish manufacturing industry in terms of productivity. Is a region with more MNEs, more pro-ductive than a region with a lower share of MNEs? The theory claims that productivity spillovers of MNEs occurs through three channels namely, via R&amp;D, increased competi-tion and transmission of technology. By observing 81 regions which consists of all 290 municipals in Sweden and taking the average value of productivity and the explanatory variables trough 1997-2004, a cross-sectional analysis is conducted. The results evidently showed signs of productivity spillovers of MNEs on local firms in the manufacturing in-dustry. Findings suggest that (1) a regions with higher share of MNEs did face a higher re-gional productivity. However the spillovers was not successfully absorbed by regions with a industry structure that was not dominated by a the manufacturing industry. (2) Larger re-gions, in terms of population, tend to show a lower productivity level compared to the av-erage levels of the rest of the regions, since their structure was dominated by the service sector. (3) Regions with small technological difference compared to the MNEs, tends to hold the skills and knowledge needed to efficiently exploit the productivity spillovers, hence MNEs influence on regional productivity was greater in these regions than regions with a lower level of technical capability.

No / The existing literature treats advanced technology sourcing as the only cause of reverse productivity spillovers from local to foreign firms and implies that mutual spillovers between foreign and local firms can only happen in the developed world. This paper argues that the diffusion of indigenous technology and local knowledge helps the productivity enhancement of multinationals, so that there can be mutual spillovers even in a developing country. The results from a large-sample firm-level econometric analysis and a comparative case study of seven companies in Chinese manufacturing support this new argument, as mutual spillovers are identified between local Chinese firms and overseas Chinese or OECD-invested firms.

The dissertation consists of three papers presenting applications of meta-analysis in international economics. The first paper examines the effect of common currency on international trade, while the remaining two papers address the relationship between foreign investment and the productivity of domestic firms. An introductory chapter puts these applications into perspective. In the first application I present a meta-analysis of the effect of currency unions on trade, focusing on the euro area. I find strong publication bias in the literature. The estimated trade- promoting effect of currency unions other than the euro reaches more than 60%. In contrast, the euro's trade-promoting effect is insignificant when I correct for publication bias. The empirical literature on this topic shows signs of the so-called economics research cycle: the relation between the reported t-statistics and publication years has an inverse U-shaped form. During the last decade more than 100 researchers have examined productivity spillovers from foreign affiliates to local firms in upstream or downstream sectors. Yet results vary broadly across methods and countries. To examine these vertical spillovers in a systematic way, in the second application I collect 3,626 estimates of spillovers and review the literature quantitatively....