Research on Selection Mechanism and Strategy of Global Production Networks Agglomeration in Multinational Companies ——Based on the Analysis of Extended New-New Theoretical Model
Research on Selection Mechanism and Strategy of Global Production Networks Agglomeration in Multinational Companies ——Based on the Analysis of Extended New-New Theoretical Model
PANG Lei
School of Economics and Management, Yunnan Normal University, Kunming 650500, China
Abstract Based on the extended new-new trade theory, from the perspective of organization forms and the choice of geographical location, the paper establishes a two countries, two production-link, and one element-input theoretical model. With the model, the paper investigates the spatial agglomeration mode of Global Production Networks (GPN), and uses the panel data of 39 industries in United States from 2002 to 2013 to conduct an empirical test. The result shows that in terms of industrial factors, industry production efficiency and R&D investment have a positive impact on GPN, whereas the intensity of capital and the average scale of industry have inhibitory effect on GPN. On the country level, market scale, technical level, institutional environment, and wage level of the host country are four indicators to improve and attract investments from multinational companies.
LONG Lei. Research on Selection Mechanism and Strategy of Global Production Networks Agglomeration in Multinational Companies ——Based on the Analysis of Extended New-New Theoretical Model. Economic Survey, 2016, 33(6): 060.
2016, Vol. 33 
