论文标题
外国直接投资通过工业联系对自然灾害的韧性
The Resilience of FDI to Natural Disasters through Industrial Linkages
论文作者
论文摘要
跨国公司什么时候在自然灾害中表现出弹性？为了回答这一点，我们开发了一个简单的模型，其中外国跨国公司和本地公司通过投入输出链接进行交互。当自然灾害严重袭击当地公司，从而增加采购当地中间投入的成本时，大多数跨国公司可能会离开东道国。但是，如果他们与当地供应商紧密相关，并且面临进口外国中间体的贸易成本低，他们可能会留下。我们进一步提供了基本模型的许多扩展，以结合具有异质生产力和灾难重建的跨国公司。
When do multinationals show resilience during natural disasters? To answer this, we develop a simple model in which foreign multinationals and local firms in the host country are interacted through input-output linkages. When natural disasters seriously hit local firms and thus increase the cost of sourcing local intermediate inputs, most multinationals may leave the host country. However, they are likely to stay if they are tightly linked with local suppliers and face low trade costs of importing foreign intermediates. We further provide a number of extensions of the basic model to incorporate, for example, multinationals with heterogeneous productivity and disaster reconstruction.
