期刊名称：International Business & Economics Research Journal
印刷版ISSN：1535-0754
电子版ISSN：2157-9393
出版年度：2010
卷号：9
期号：12
语种：English
出版社：The Clute Institute for Academic Research
摘要：This paper examines the effect of North American liberalization on the degree of internationalization and profitability of US companies using industry-level data between 1985 and 2005. We find evidence of long-run increases in the degree of internationalization and evidence pointing at increases in firm profitability in the short and long run for US companies following the introduction of NAFTA. We find cross-sectional variation in the degree of internationalization and profitability for US industry sectors. Overall, our results indicate that the process of liberalization has had a positive impact on both the degree of internationalization and on firm profitability for US companies.
