Chapter

The Contribution of Multinational Corporations to U.S. Productivity Growth, 1977–2000

Carol Corrado, Paul Lengermann and Larry Slifman

in International Trade in Services and Intangibles in the Era of Globalization

Published by University of Chicago Press

Published in print June 2009 | ISBN: 9780226709598
Published online February 2013 | e-ISBN: 9780226709604 | DOI: http://dx.doi.org/10.7208/chicago/9780226709604.003.0011
The Contribution of Multinational Corporations to U.S. Productivity Growth, 1977–2000

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This chapter examines the contribution of multinational corporations (MNC) to the aggregate productivity record of the U.S. for the period from 1977 to 2000. The findings indicate that MNC parents or affiliates based in the U.S. play a major role in productivity improvement. It explains that while the MNC sector only accounts for about 25 percent of the gross product of all nonfarm private businesses and about 40 percent of nonfinancial corporate gross product, it accounted for more than half of the increase for all nonfarm private businesses and all of the increase in the labor productivity of nonfinancial corporations in the late 1990s.

Keywords: multinational corporations; aggregate productivity; productivity improvement; corporate gross product; private businesses; labor productivity

Chapter.  14024 words.  Illustrated.

Subjects: International Economics

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