Adaptation and the Boundary of Multinational Firms
首次实证分析适应性对跨国公司边界的影响,通过构建行业“常规性”排名,发现内部贸易份额在非常规性行业更高。
This paper offers the first empirical analysis of the impact of adaptation on the \nboundary 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.