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Author: Fabrizio Leone
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We provide a novel explanation for the dominance of multinational corporations (MNCs) in international trade: MNC affiliates face lower trade frictions in countries that belong to their parental network. Combining rich a...Read more...
Paola Conconi, Fabrizio Leone, Glenn Magerman and Catherine Thomas
6 March 2025
The diffusion of automation technology raises questions about the future of work, leading to calls for policy interventions. The ongoing debate centers on the decisions made by technology adopters. In this paper, I study...Read more...
Fabrizio Leone
3 December 2024
Using a panel of Spanish manufacturing firms covering the 1990-2017 period, this paper shows that firms acquired by multinational enterprises experience a reduction in the labor share. Acquisitions drive significant chan...Read more...
6 February 2023
Prices for several intermediate inputs, including cement, are higher in developing economies - particularly in Africa. Combining data from the International Comparison Program with a global directory of cement plants we ...Read more...
Fabrizio Leone, Rocco Macchiavello and Tristan Reed
19 July 2022
This paper shows that multinational enterprises (MNEs) spur the adoption of industrial robots. First, I document a positive and robust correlation between multinational production and robot adoption using a new cross-cou...Read more...
8 June 2022