---
_id: '56293'
abstract:
- lang: eng
  text: '<jats:title>Abstract</jats:title><jats:p>High‐performance firms typically
    have two features in common: (i) they produce in more than one country and (ii) they
    produce more than one product. In this paper, we analyze the internationalization
    strategies of multi‐product firms. Guided by several new stylized facts, we develop
    a theoretical model to determine optimal modes of market access at the firm–product
    level. We find that the most productive firms sell core varieties via foreign
    direct investment and export products with intermediate productivity. Shocks to
    trade costs and technology affect the endogenous decision to export or produce
    abroad at the product‐level and, in turn, the relative productivity between parents
    and affiliates.</jats:p>'
author:
- first_name: Daniel
  full_name: Baumgarten, Daniel
  id: '102770'
  last_name: Baumgarten
- first_name: Michael
  full_name: Irlacher, Michael
  last_name: Irlacher
- first_name: Karin
  full_name: Mayr‐Dorn, Karin
  last_name: Mayr‐Dorn
citation:
  ama: 'Baumgarten D, Irlacher M, Mayr‐Dorn K. Internationalization strategies of multi‐product
    firms: The role of technology. <i>Canadian Journal of Economics/Revue canadienne
    d’économique</i>. 2022;55(4):1929-1965. doi:<a href="https://doi.org/10.1111/caje.12626">10.1111/caje.12626</a>'
  apa: 'Baumgarten, D., Irlacher, M., &#38; Mayr‐Dorn, K. (2022). Internationalization
    strategies of multi‐product firms: The role of technology. <i>Canadian Journal
    of Economics/Revue Canadienne d’économique</i>, <i>55</i>(4), 1929–1965. <a href="https://doi.org/10.1111/caje.12626">https://doi.org/10.1111/caje.12626</a>'
  bibtex: '@article{Baumgarten_Irlacher_Mayr‐Dorn_2022, title={Internationalization
    strategies of multi‐product firms: The role of technology}, volume={55}, DOI={<a
    href="https://doi.org/10.1111/caje.12626">10.1111/caje.12626</a>}, number={4},
    journal={Canadian Journal of Economics/Revue canadienne d’économique}, publisher={Wiley},
    author={Baumgarten, Daniel and Irlacher, Michael and Mayr‐Dorn, Karin}, year={2022},
    pages={1929–1965} }'
  chicago: 'Baumgarten, Daniel, Michael Irlacher, and Karin Mayr‐Dorn. “Internationalization
    Strategies of Multi‐product Firms: The Role of Technology.” <i>Canadian Journal
    of Economics/Revue Canadienne d’économique</i> 55, no. 4 (2022): 1929–65. <a href="https://doi.org/10.1111/caje.12626">https://doi.org/10.1111/caje.12626</a>.'
  ieee: 'D. Baumgarten, M. Irlacher, and K. Mayr‐Dorn, “Internationalization strategies
    of multi‐product firms: The role of technology,” <i>Canadian Journal of Economics/Revue
    canadienne d’économique</i>, vol. 55, no. 4, pp. 1929–1965, 2022, doi: <a href="https://doi.org/10.1111/caje.12626">10.1111/caje.12626</a>.'
  mla: 'Baumgarten, Daniel, et al. “Internationalization Strategies of Multi‐product
    Firms: The Role of Technology.” <i>Canadian Journal of Economics/Revue Canadienne
    d’économique</i>, vol. 55, no. 4, Wiley, 2022, pp. 1929–65, doi:<a href="https://doi.org/10.1111/caje.12626">10.1111/caje.12626</a>.'
  short: D. Baumgarten, M. Irlacher, K. Mayr‐Dorn, Canadian Journal of Economics/Revue
    Canadienne d’économique 55 (2022) 1929–1965.
date_created: 2024-10-01T13:11:43Z
date_updated: 2024-10-01T13:14:54Z
department:
- _id: '892'
doi: 10.1111/caje.12626
extern: '1'
intvolume: '        55'
issue: '4'
language:
- iso: eng
page: 1929-1965
publication: Canadian Journal of Economics/Revue canadienne d'économique
publication_identifier:
  issn:
  - 0008-4085
  - 1540-5982
publication_status: published
publisher: Wiley
status: public
title: 'Internationalization strategies of multi‐product firms: The role of technology'
type: journal_article
user_id: '102261'
volume: 55
year: '2022'
...
---
_id: '56303'
abstract:
- lang: eng
  text: <jats:title>Abstract</jats:title><jats:p>We analyze how foreign direct investment
    (FDI) affects employment security using administrative microdata for German employees.
    Measuring FDI intensity at the industry level enables us to take into account
    the sum of direct effects at multinationals as well as indirect effects of FDI
    throughout the affected industry. We find that both inward and outward FDI significantly
    reduce employment security. This is particularly the case for inward FDI coming
    from the western part of the European Union as well as for outward FDI going to
    Central and Eastern Europe. The effects are sizeable for older and low‐skilled
    workers.</jats:p>
author:
- first_name: Ronald
  full_name: Bachmann, Ronald
  last_name: Bachmann
- first_name: Daniel
  full_name: Baumgarten, Daniel
  id: '102770'
  last_name: Baumgarten
- first_name: Joel
  full_name: Stiebale, Joel
  last_name: Stiebale
citation:
  ama: 'Bachmann R, Baumgarten D, Stiebale J. Foreign direct investment, heterogeneous
    workers and employment security: Evidence from Germany. <i>Canadian Journal of
    Economics</i>. 2014;47(3):720-757. doi:<a href="https://doi.org/10.1111/caje.12094">10.1111/caje.12094</a>'
  apa: 'Bachmann, R., Baumgarten, D., &#38; Stiebale, J. (2014). Foreign direct investment,
    heterogeneous workers and employment security: Evidence from Germany. <i>Canadian
    Journal of Economics</i>, <i>47</i>(3), 720–757. <a href="https://doi.org/10.1111/caje.12094">https://doi.org/10.1111/caje.12094</a>'
  bibtex: '@article{Bachmann_Baumgarten_Stiebale_2014, title={Foreign direct investment,
    heterogeneous workers and employment security: Evidence from Germany}, volume={47},
    DOI={<a href="https://doi.org/10.1111/caje.12094">10.1111/caje.12094</a>}, number={3},
    journal={Canadian Journal of Economics}, publisher={Wiley}, author={Bachmann,
    Ronald and Baumgarten, Daniel and Stiebale, Joel}, year={2014}, pages={720–757}
    }'
  chicago: 'Bachmann, Ronald, Daniel Baumgarten, and Joel Stiebale. “Foreign Direct
    Investment, Heterogeneous Workers and Employment Security: Evidence from Germany.”
    <i>Canadian Journal of Economics</i> 47, no. 3 (2014): 720–57. <a href="https://doi.org/10.1111/caje.12094">https://doi.org/10.1111/caje.12094</a>.'
  ieee: 'R. Bachmann, D. Baumgarten, and J. Stiebale, “Foreign direct investment,
    heterogeneous workers and employment security: Evidence from Germany,” <i>Canadian
    Journal of Economics</i>, vol. 47, no. 3, pp. 720–757, 2014, doi: <a href="https://doi.org/10.1111/caje.12094">10.1111/caje.12094</a>.'
  mla: 'Bachmann, Ronald, et al. “Foreign Direct Investment, Heterogeneous Workers
    and Employment Security: Evidence from Germany.” <i>Canadian Journal of Economics</i>,
    vol. 47, no. 3, Wiley, 2014, pp. 720–57, doi:<a href="https://doi.org/10.1111/caje.12094">10.1111/caje.12094</a>.'
  short: R. Bachmann, D. Baumgarten, J. Stiebale, Canadian Journal of Economics 47
    (2014) 720–757.
date_created: 2024-10-01T14:02:27Z
date_updated: 2024-10-01T14:07:05Z
department:
- _id: '892'
doi: 10.1111/caje.12094
extern: '1'
intvolume: '        47'
issue: '3'
language:
- iso: eng
page: 720-757
publication: Canadian Journal of Economics
publication_identifier:
  issn:
  - 0008-4085
  - 1540-5982
publication_status: published
publisher: Wiley
status: public
title: 'Foreign direct investment, heterogeneous workers and employment security:
  Evidence from Germany'
type: journal_article
user_id: '102261'
volume: 47
year: '2014'
...