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Is the U.S. Friend-Shoring, Nearshoring, or Reshoring ? Evidence from Greenfield Investment Announcements (英语)

This paper examines the evolution of greenfield investment announcements—both domestic and international—for US multinational companies in response to recent global shocks. The results indicate an intensification of reshoring and nearshoring activities by US companies, especially following the Russian Federation’s invasion of Ukraine. This shift is estimated to have doubled the number of direct jobs associated with greenfield investment announcements...
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