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Please use this identifier to cite or link to this item: http://hdl.handle.net/2344/1070

タイトル: Simulating heterogeneous multinational firms
著者: Arita, Shawn
Tanaka, Kiyoyasu
田中, 清泰
キーワード: International business enterprises
Foreign investments
Multinational firms
FDI
Firm heterogeneity
Simulation
Model validation
Issue Date: Apr-2011
出版者: Institute of Developing Economies, JETRO
引用: IDE Discussion Paper. No. 296. 2011.4
抄録: This paper develops a micro-simulation framework for multinational entry and sales activities across countries. The model is based on Eaton, Kortum, and Kramarz's (2010) quantitative trade model adapted towards multinational production. Using micro data on Japanese manufacturing firms, we first stylize the empirical regularities of multinational entry and sales activity and estimate the model's structural parameters with simulated method of moments. We then demonstrate that our adapted model is able to replicate important dimensions of the in-sample moments conditioned in our estimation strategy. Importantly, it is able to replicate activity under an economic period with a far different level of FDI barriers than was conditioned upon in our estimation sample. Overall, our research highlights the richness of the simulation framework for performing counterfactual analysis of various FDI policies.
URI: http://hdl.handle.net/2344/1070
Appears in Collections:04.IDE Discussion Paper
01.経済、産業(Economy and Industry)/特定地域なし(Non Region-specific Studies)

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