Description |
*** IMPORTANT ***
For the most updated administrative course information (date changes, room changes etc) please always refer to the KSL page only and not to the Info page in ILIAS – the ILIAS infopage will not be updated!
Course Goals
The goal of the course is to gain a basic understanding of the theory on multinational firms and foreign direct investment (FDI) and to become familiar with the main empirical findings on multinational firms and FDI. After the course students should be able to explain the main concepts and theories and empirical findings from the literature.
Course Content
We cover the following themes, following the textbook used for the course and a handbook chapter, then going into selected topics:
(a) Facts and Issues and overview of concepts, theory and empirical findings
(b) Theories on horizontal and vertical FDI
(c) Theory on the role of the firm in FDI
(d) Empirics: determinants of FDI and home and host country effects
(e) Selected Topic: FDI and complexity
(f) Selected Topic: Networked FDI
(g) Selected Topic: multinationals and tax base erosion and tax shifting
Grading
Grading will be based on a final exam (80%), and homework sets (20%).
Course Organization
Each week there will be a lecture and each other week half of the time will be used to discuss homework sets. Online sources like course slides will be made available through ILIAS. Homeworks will be uploaded one week before they are due (on Fridays before 9pm)
Literature
(a) Book: Barba Navaretti, Giorgio and Anthony J. Venables (2006). Multinational Firms in the World Economy. Princeton University Press.
(b) Article 1: Antras, Pol and Stephen Yeaple (2013). ‘Multinational Firms and the Structure of International Trade.’ Handbook of International Economics.
(c) Article 2: Bekkers, Eddy and Indre Macskasi (2017). ‘Sectoral Determinants of Foreign Affiliate Sales Employing European Data.’ Review of International Economics.
(d) Article 3: Baldwin, Richard and Toshihiro Okubo (2014). ‘Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates.’ The World Economy.
(e) Article 4: Tørsløv, T, L Wier, and G Zucman (2022), “The Missing Profits of Nations”, The Review of Economic Studies
(f) Article 5: Wier, L and G Zucman (2022), “Global profit shifting, 1975–2019”, UNU-WIDER Working Paper No. wp-2022-121.
Lecture: Eddy Bekkers.
Wednesday, 10.15 - 12.00 hrs, S101, UniS
** please note lectures on 09.04. and 16.04. are cancelled.
Instead there will be a lecture on 19.03. and 02.04. 12.15-14.00 hrs, room A027, UniS ***************************************
1st exam: Wednesday, 28.05.2025, 10.15 - 12.00 h, (105 miin) S101, UniS
2nd exam: Wednesday, 10.09.2025, 10:15 - 12:00 h,105 min, tba
Eddy.bekkers@wti.org |