A microeconometric analysis of the springboard subsidiary: The case of Spanish firms

Arbeitspapier

This article provides a microeconometric analysis of the distinctive characteristics of springboard subsidiaries that have a positive impact on the subsidiaries' performance. Based on panel data estimations for subsidiaries of European multinational companies with a presence in Spain, the authors found that if the subsidiary located in the springboard country is a springboard subsidiary, its performance increases by 3.6%. When the subsidiary has a technological relationship with another subsidiary, its performance increases by 1.9%. If the subsidiary that has the technological relationship is a springboard subsidiary located in a springboard country, this increases performance by 1.8%. Growth of 1% in absorption capacity increases a subsidiary's performance by 1.2%. Finally, low autonomy reduces the performance of a subsidiary by 34.4% compared to independent subsidiaries or those with a high degree of autonomy.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Economics Discussion Papers ; No. 2015-23

Classification and Topics

• Classification: Wirtschaft ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Firm Behavior: Empirical Analysis
• Subject: Microeconometric Analysis ; Springboard Country ; Springboard Subsidiary ; Subsidiary - Specific Advantage ; Firms Performance ; Panel Data

Contributors, Location and Time

• Event: Geistige Schöpfung
• (who): Caicedo Marulanda, Carolina ; Mora Rodríguez, Jhon James ; Barber, José Bla ; Darder, Fidel León
• Event: Veröffentlichung
• (who): Kiel Institute for the World Economy (IfW)
• (where): Kiel
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/109220
• Last update: 20.09.2024, 8:21 AM CEST