U.S. and Swedish Direct Investment and Exports
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NBER Working Paper No. 2390 (Also Reprint No. r1114)
Issued in February 1989
NBER Program(s): ITI IFM
Overseas production in a country by affiliates of Swedish and U.S. firms rarely appears to displace exports from the two home countries and in most cases either has no effect or tends to increase home country exports. The positive effect on Swedish exports is evident not only with respect to levels of exports to different countries at one time but also with respect to changes in exports over time. The positive effect on U.S. exports can be observed for minority-owned as well as majority-owned foreign operations.
Published: U.S. and Swedish Direct Investment and Exports, Magnus Blomstrom, Robert E. Lipsey, Ksenia Kulchycky, in Trade Policy Issues and Empirical Analysis (1988), University of Chicago Press
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