Multinational Enterprises and Host Economies


Multinational Enterprises and Host Economies

9781847206473 Edward Elgar Publishing
Edited by Klaus E. Meyer, Professor of International Business, Ivey Business School, Western University, Canada
Publication Date: 2009 ISBN: 978 1 84720 647 3 Extent: 1,248 pp
Multinational enterprises (MNEs) invest in a variety of host economies, and closely interact with local businesses and society at large. This role has become the focus of policy debates of all sorts, as MNEs are seen as a primary conduit of globalization, thus spreading both its benefits and its negative side effects.

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Multinational enterprises (MNEs) invest in a variety of host economies, and closely interact with local businesses and society at large. This role has become the focus of policy debates of all sorts, as MNEs are seen as a primary conduit of globalization, thus spreading both its benefits and its negative side effects.

This selection offers an interdisciplinary perspective on MNEs and host economies. Theoretical models are provided by economics research, yet some of the more subtle and complex forms of impact are hard to analyse using economics methodologies. A range of other disciplines such as management, sociology and ethics thus contribute to the discussion of these wider issues. The articles in this collection cover theoretical and empirical studies on the horizontal and vertical impact on local firms, to issues of labour standards and the natural environment, and normative issues.
Critical Acclaim
‘A well designed and first rate collection of some of the most influential papers on the interaction between MNEs and the host countries in which they operate. In these two volumes, Professor Meyer has cleverly orchestrated most of the economic and social issues of interest and concern to scholars, business practitioners, governments, and civil society. These essays deserve the most serious attention by all those interested in the ever increasing role of MNEs and their subsidiaries in the global economy.’
– The late John Dunning CBE, formerly of the University of Reading, UK and Rutgers, The State University of New Jersey, US
56 articles, dating from 1958 to 2008
Contributors include: D.G. Arnold, M. Blomström, R.E. Caves, N. Driffield, J.H. Dunning, H. Görg, A.E. Harrison, L.P. Hartmann, A. Hirschman, B.S. Javorcik

Volume I


Introduction Klaus E. Meyer

1. Magnus Blomström and Ari Kokko (1998), ‘Multinational Corporations and Spillovers’
2. Holger Görg and David Greenaway (2004), ‘Much Ado about Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?’
3. Klaus E. Meyer (2004), ‘Perspectives on Multinational Enterprises in Emerging Economies’
4. John H. Dunning (2006), ‘Towards a New Paradigm of Development: Implications for the Determinants of International Business’

5. Albert O. Hirschman (1958), ‘Interdependence and Industrialization’
6. Ronald Findlay (1978), ‘Relative Backwardness, Direct Foreign Investment and the Transfer of Technology: A Simple Dynamic Model’
7. Kiyoshi Kojima and Terutomo Ozawa (1984), ‘Micro- and Macro-economic Models of Direct Foreign Investment: Towards a Synthesis’
8. Peter J. Buckley (1985), ‘The Economic Analysis of the Multinational Enterprise: Reading versus Japan?’
9. Jian-Ye Wang and Magnus Blomström (1992), ‘Foreign Investment and Technology Transfer: A Simple Model’
10. Andrés Rodríguez-Clare (1996), ‘Multinationals, Linkages, and Economic Development’
11. Tommaso Perez (1997), ‘Multinational Enterprises and Technological Spillovers: An Evolutionary Model’
12. James R. Markusen and Anthony J. Venables (1999), ‘Foreign Direct Investment as a Catalyst for Industrial Development’
13. Paola Criscuolo and Rajneesh Narula (2008), ‘A Novel Approach to National Technological Accumulation and Absorptive Capacity: Aggregating Cohen and Levinthal’

14. V.N. Balasubramanyam, M. Salisu and David Sapsford (1996), ‘Foreign Direct Investment and Growth in EP and IS Countries’
15. E. Borensztein, J. De Gregorio and J.-W. Lee (1998), ‘How does Foreign Direct Investment Affect Economic Growth?’
16. Xiaoying Li and Xiaming Liu (2005), ‘Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship’
17. Lai Mingyong, Peng Shuijun and Bao Qun (2006), ‘Technology Spillovers, Absorptive Capacity and Economic Growth’

18. Richard E. Caves (1974), ‘Multinational Firms, Competition, and Productivity in Host-country Markets’
19. Magnus Blomström and Håkan Persson (1983), ‘Foreign Investment and Spillover Efficiency in an Underdeveloped Economy: Evidence from the Mexican Manufacturing Industry’
20. Mona Haddad and Ann Harrison (1993), ‘Are There Positive Spillovers from Direct Foreign Investment? Evidence from Panel Data for Morocco’
21. Brian J. Aitken and Ann E. Harrison (1999), ‘Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela’
22. Xiaming Liu, Pamela Siler, Chengqi Wang and Yingqi Wei (2000), ‘Productivity Spillovers From Foreign Direct Investment: Evidence From UK Industry Level Panel Data’
23. Holger Görg and Eric Strobl (2001), ‘Multinational Companies and Productivity Spillovers: A Meta-Analysis’
24. Evis Sinani and Klaus E. Meyer (2004), ‘Spillovers of Technology Transfer from FDI: The Case of Estonia’
25. Chengqi Wang and Li Yu (2007), ‘Do Spillover Benefits Grow with Rising Foreign Direct Investment? An Empirical Examination of the Case of China’
26. Nigel Driffield and James H. Love (2007), ‘Linking FDI Motivation and Host Economy Productivity Effects: Conceptual and Empirical Analysis’

27. Sanjaya Lall (1980), ‘Vertical Inter-Firm Linkages in LDCs: An Empirical Study’
28. René Belderbos, Giovanni Capannelli and Kyoji Fukao (2001), ‘Backward Vertical Linkages of Foreign Manufacturing Affiliates: Evidence from Japanese Multinationals’
29. Edmund R. Thompson (2002), ‘Clustering of Foreign Direct Investment and Enhanced Technology Transfer: Evidence from Hong Kong Garment Firms in China’
30. Nigel Driffield, Max Munday and Annette Roberts (2002), ‘Foreign Direct Investment, Transactions Linkages, and the Performance of the Domestic Sector’
31. Beata Smarzynska Javorcik (2004), ‘Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages’

Name Index

Volume II


An introduction by the editor to both volumes appears in Volume I

1. Irving Gershenberg (1987), ‘The Training and Spread of Managerial Know-How, a Comparative Analysis of Multinational and Other Firms in Kenya’
2. Brian Aitken, Gordon H. Hanson and Ann E. Harrison (1997), ‘Spillovers, Foreign Investment, and Export Behavior’
3. Murali Patibandla and Bent Petersen (2002), ‘Role of Transnational Corporations in the Evolution of a High-Tech Industry: The Case of India’s Software Industry’
4. Holger Görg and Eric Strobl (2002), ‘Multinational Companies and Indigenous Development: An Empirical Analysis’
5. David Greenaway, Nuno Sousa and Katharine Wakelin (2004), ‘Do Domestic Firms Learn to Export from Multinationals?’

6. Brian Aitken, Ann Harrison and Robert E. Lipsey (1996), ‘Wages and Foreign Ownership: A Comparative Study of Mexico, Venezuela, and the United States’
7. Eddy Lee (1997), ‘Globalization and Labour Standards: A Review of Issues’
8. Debora Spar and David Yoffie (1999), ‘Multinational Enterprises and the Prospects for Justice’
9. Stephen J. Frenkel and Duncan Scott (2002), ‘Compliance, Collaboration, and Codes of Labor Practice: The Adidas Connection’
10. Nigel Driffield and Sourafel Girma (2003), ‘Regional Foreign Direct Investment and Wage Spillovers: Plant Level Evidence from the UK Electronics Industry’

11. Thomas N. Gladwin and Ingo Walter (1976), ‘Multinational Enterprise, Social Responsiveness, and Pollution Control’
12. Nick Mabey and Richard McNally (1998), ‘Foreign Direct Investment and the Environment: From Pollution Havens to Sustainable Development’
13. Alan M. Rugman and Alain Verbeke (1998), ‘Corporate Strategy and International Environmental Policy’
14. Lyuba Zarsky (1999), ‘Havens, Halos and Spaghetti: Untangling the Evidence about Foreign Direct Investment and the Environment’
15. Petra Christman (2004), ‘Multinational Companies and the Natural Environment: Determinants of Global Environmental Policy Standardization’
16. Beata Smarzynska Javorcik and Shang-Jin Wei (2004), ‘Pollution Havens and Foreign Direct Investment: Dirty Secret or Popular Myth?’
17. Jie He (2006), ‘Pollution Haven Hypothesis and Environmental Impacts of Foreign Direct Investment: The Case of Industrial Emission of Sulfur Dioxide (SO2) in Chinese Provinces’

18. Milton Friedman (1970), ‘The Social Responsibility of Business is to Increase its Profits’
19. Andreas Georg Scherer and Marc Smid (2000), ‘The Downward Spiral and the US Model Business Principles – Why MNEs Should Take Responsibility for the Improvement of World-Wide Social and Environmental Conditions’
20. Laura P. Hartman, Bill Shaw and Rodney Stevenson (2003), ‘Exploring the Ethics and Economics of Global Labor Standards: A Challenge to Integrated Social Contract Theory’
21. Marc Orlitzky, Frank L. Schmidt and Sara L. Rynes (2003), ‘Corporate Social and Financial Performance: A Meta-Analysis’
22. Denis G. Arnold (2003), ‘Philosophical Foundations: Moral Reasoning, Human Rights, and Global Labor Practices’
23. Farzad Rafi Khan (2004), ‘Hard Times Recalled: The Child Labour Controversy in Pakistan’s Soccer Ball Industry’
24. Jedrzej George Frynas (2005), ‘The False Developmental Promise of Corporate Social Responsibility: Evidence from Multinational Oil Companies’
25. Chuck C.Y. Kwok and Solomon Tadesse (2006), ‘The MNC as an Agent of Change for Host-Country Institutions: FDI and Corruption’

Name Index
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