Comparative local and multinational advantages in the global mining industry

Study uses a database of corporate ownership changes for 35,567 commercial mines between 2000 to 2022.

From:
Foreign, Commonwealth & Development Office
Published
16 April 2025
Document Type:
Working Paper
Theme:
Climate and Environment
First published:
14 March 2025
Authors:
Das, U., Katovich, E. and Rexer, J. M.

Abstract

Empirical evidence and economic theory suggest that multinational firms are more productive than their local counterparts. In the global mining industry, however, firms frequently operate in contexts characterized by weak institutions, corruption, and conflict. The authors test whether these factors reduce the multinational advantage using a database of corporate ownership changes for 35,567 commercial mines between 2000 to 2022.

This is an part of the Structural Transformation and Economic Growth (STEG) programme.

Citation

Das U and others. 鈥楥omparative local and multinational advantages in the global mining industry鈥� STEG working paper 2025

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Published 16 April 2025
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