The Domestic Benefits of Overseas Investment
Title:
Domestic Effects of the Foreign Activities of U.S. Multinationals
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Authors:
Mihir A. Desai, C. Fritz Foley, and James R. Hines
Publisher:
American Economic Journal: Economic Policy, vol. 1, no. 1
Date Published:
February 2009
U.S. companies that boost spending on overseas operations and salaries also increase their spending at home.