Adaptation and the Boundary of Multinational Firms
Name
Routinization_final4_public.pdf
Description
forthcoming paper
Size
207.31 KB
Format
Adobe PDF
Checksum (MD5)
facc73c55c1af51d190acbb5461883a8
Author(s) • •
Costinot, Arnaud
Oldenski, Lindsay
Rauch, James
Date Issued
February 2011
Journal
Review of Economics and Statistics
Publisher
MIT Press
Citation
Costinot, Arnaud, Linsay Oldenski, and James Rauch. "Adaptation and the Boundary of Multinational Firms." Review of Economics and Statistics, February 2011, Vol. 93, No. 1, Pages 298-308.
Version
Author's final manuscript
Abstract
This paper offers the first empirical analysis of the impact of adaptation on the
boundary of multinational firms. To do so, we develop a ranking of sectors in terms of “routineness” by merging two sets of data: (i) ratings of occupations by their intensities in “solving problems” from the U.S. Department of Labor’s Occupational Information Network; and (ii) U.S. employment shares of occupations by sectors from the Bureau of Labor Statistics Occupational Employment Statistics. Using U.S. Census trade data, we then demonstrate that the share of intrafirm trade tends to be higher in less routine sectors.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Attribution-Noncommercial-Share Alike 3.0 Unported
Persistent DSpace Link
DOI of Published Version
http://dx.doi.org/10.1162/REST_a_00072
https://doi.org/10.1162/REST_a_00072