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Stone, Trudy-Ann
Publications (7 of 7) Show all publications
Stone, T.-A. & Quoreshi, S. (2019). Do Global Value Chains Make Firms More Vulnerable To Trade Shocks?: Evidence from Manufacturing Firms in Sweden.
Open this publication in new window or tab >>Do Global Value Chains Make Firms More Vulnerable To Trade Shocks?: Evidence from Manufacturing Firms in Sweden
2019 (English)Article in journal (Refereed) Submitted
Place, publisher, year, edition, pages
MDPI, 2019
National Category
Economics and Business
Identifiers
urn:nbn:se:bth-13280 (URN)
Available from: 2016-10-28 Created: 2016-10-28 Last updated: 2019-08-12
Stone, T.-A. & Andersson, M. (2017). Global Sourcing and Technical Efficiency -  a firm-level study on the ICT industry in Sweden. Journal of Business Economics and Management, 18(5), 877-896
Open this publication in new window or tab >>Global Sourcing and Technical Efficiency -  a firm-level study on the ICT industry in Sweden
2017 (English)In: Journal of Business Economics and Management, ISSN 1611-1699, E-ISSN 2029-4433, Vol. 18, no 5, p. 32p. 877-896Article in journal (Refereed) Published
Abstract [en]

We analyse the relationship between international sourcing, measured as imports of intermediate inputs, and the technical efficiency of firms in the information and communications technologies (ICT) manufacturing industry in Sweden. Using stochastic frontier analysis, we provide evidence that global sourcing improves firms’ capabilities to combine and re-combine inputs in productive ways, thereby increasing technical efficiency. We find a robust relationship between technical efficiency and international outsourcing. First, we find that firms that are deeply integrated into global sourcing networks are closer to their own production frontier. Second, firms that are engaged in international sourcing are also closer to the industry efficiency frontier. These findings are consistent with the argument that international sourcing stimulates firms’ capabilities by enabling them to identify and adopt higher quality inputs or more efficient production and management practices. These findings also suggest that the variety and extent of firms’ global sourcing networks constitute an important source of differences in efficiency levels among firms the ICT manufacturing industry.

Place, publisher, year, edition, pages
Elsevier, 2017. p. 32
Keywords
globalization, imports, learning, offshoring, outsourcing, recombinant capabilities, technical efficiency, technology transfer, variety
National Category
Economics and Business
Identifiers
urn:nbn:se:bth-13279 (URN)10.3846/16111699.2017.1356367 (DOI)000419968000004 ()
Available from: 2016-10-28 Created: 2016-10-28 Last updated: 2018-02-09Bibliographically approved
Stone, T.-A. (2017). International outsourcing and the global value chain: Evidence for Sweden. In: Geographies of Growth: Innovations, Networks and Collaborations: (pp. 265-296). Edward Elgar Publishing Ltd.
Open this publication in new window or tab >>International outsourcing and the global value chain: Evidence for Sweden
2017 (English)In: Geographies of Growth: Innovations, Networks and Collaborations, Edward Elgar Publishing Ltd. , 2017, p. 265-296Chapter in book (Refereed)
Place, publisher, year, edition, pages
Edward Elgar Publishing Ltd., 2017
Series
New Horizons in Regional Science series
National Category
Social and Economic Geography
Identifiers
urn:nbn:se:bth-15859 (URN)10.4337/9781785360602.00018 (DOI)2-s2.0-85040564067 (Scopus ID)9781785360602 (ISBN)9781785360596 (ISBN)
Available from: 2018-02-02 Created: 2018-02-02 Last updated: 2018-05-18Bibliographically approved
Stone, T.-A. (2016). Firms in Global Value Chains: An Analysis of the Determinants and Effects of the Changing Location of International Production. (Doctoral dissertation). Karlskrona: Blekinge Tekniska Högskola
Open this publication in new window or tab >>Firms in Global Value Chains: An Analysis of the Determinants and Effects of the Changing Location of International Production
2016 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

This thesis deals with the globalization of production, a salient feature of the modern economy. The development of international outsourcing as a widespread business practice and the simultaneous decrease in trade and transport costs have contributed to the growth of a phenomenon known as global value chains. The main aim of the thesis is to understand how global value chains alter the location of economic activity. The thesis also studies the extent of firms' participation in global value chains and its consequences for firm performance.

 

The thesis consists of four papers studying the behavior of firms in global value chains. Paper 1 analyzes how production fragmentation influences the importing and exporting behavior of Swedish firms in the manufacturing sector. Paper 2 focuses on manufacturing firms in the ICT sector and analyzes the effect of global sourcing on firm performance. In Paper 3, the thesis examines deeper implications of global production by investigating whether exposure to trade raises firms' sensitivity to external shocks. The final paper in the thesis studies the location patterns of multinational firms and analyzes the effect of institutional distance on the number of multinational entries in developing countries.

 

A number of patterns emerge from these studies. The first is that Swedish manufacturing firms increasingly participate in global value chains by sourcing production inputs from overseas to create products for local and foreign customers. As a result, global value chains help to alter the specialization patterns of manufacturing firms. The second finding is that firms reap benefits from global sourcing in the form of greater efficiency. However, global sourcing may also raise the responsiveness of firms to negative external shocks. The final key result points to a developing trend in the location of activity in which emerging market multinational firms are becoming significant sources of foreign direct investment flows and their investment patterns challenge existing theories of multinational location choice.  

 

Place, publisher, year, edition, pages
Karlskrona: Blekinge Tekniska Högskola, 2016. p. 58
Series
Blekinge Institute of Technology Doctoral Dissertation Series, ISSN 1653-2090 ; 8
Keywords
Global value chains, outsourcing, offshoring, technical efficiency, multinational firms, imports, exports, financial crisis, institutions
National Category
Economics and Business
Identifiers
urn:nbn:se:bth-13285 (URN)978-91-7295-332-1 (ISBN)
Public defence
2016-12-01, J1650, Campus Gräsvik, Karlskrona, 10:00
Opponent
Supervisors
Available from: 2016-10-28 Created: 2016-10-28 Last updated: 2016-12-16Bibliographically approved
Stone, T.-A. (2016). International Outsourcing and Global Value Chains: Evidence from Sweden. In: Charlie Karlsson, Martin Andersson, Lina Bjerke (Ed.), Geographies of Growth: Innovations, Networks and Collaborations. Edward Elgar Publishing
Open this publication in new window or tab >>International Outsourcing and Global Value Chains: Evidence from Sweden
2016 (English)In: Geographies of Growth: Innovations, Networks and Collaborations / [ed] Charlie Karlsson, Martin Andersson, Lina Bjerke, Edward Elgar Publishing, 2016, , p. 31Chapter in book (Refereed)
Place, publisher, year, edition, pages
Edward Elgar Publishing, 2016. p. 31
National Category
Economics and Business
Identifiers
urn:nbn:se:bth-13278 (URN)978 1 78536 059 6 (ISBN)
Note

Forthcoming

Available from: 2016-10-28 Created: 2016-10-28 Last updated: 2016-11-08Bibliographically approved
Stone, T.-A. (2013). Business Networks in Clusters and Industrial Districts: The Governance of the Global Value Chain [Review]. Papers in regional science (Print), 92(2), 438-440
Open this publication in new window or tab >>Business Networks in Clusters and Industrial Districts: The Governance of the Global Value Chain
2013 (English)In: Papers in regional science (Print), ISSN 1056-8190, E-ISSN 1435-5957, Vol. 92, no 2, p. 438-440Article, book review (Other academic) Published
Place, publisher, year, edition, pages
Wiley Blackwell, 2013
Keywords
Economics, Environmental Studies, Geography
National Category
Business Administration
Identifiers
urn:nbn:se:bth-6894 (URN)10.1111/pirs.12021 (DOI)000319811300013 ()oai:bth.se:forskinfo0CAFACC38002EEB4C1257BE200457F2A (Local ID)oai:bth.se:forskinfo0CAFACC38002EEB4C1257BE200457F2A (Archive number)oai:bth.se:forskinfo0CAFACC38002EEB4C1257BE200457F2A (OAI)
Available from: 2013-09-10 Created: 2013-09-10 Last updated: 2017-12-04Bibliographically approved
Stone, T.-A. Institutional Quality, Knowledge Intensity, and Multinational Location Choice: Evidence from Developing Countries. Journal of world business (Print)
Open this publication in new window or tab >>Institutional Quality, Knowledge Intensity, and Multinational Location Choice: Evidence from Developing Countries
(English)In: Journal of world business (Print), ISSN 1090-9516, E-ISSN 1878-5573Article in journal (Refereed) Accepted
Place, publisher, year, edition, pages
Elsevier
National Category
Economics and Business
Identifiers
urn:nbn:se:bth-13281 (URN)
Available from: 2016-10-28 Created: 2016-10-28 Last updated: 2017-11-29Bibliographically approved
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