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.

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. ‘Comparative local and multinational advantages in the global mining industry’ STEG working paper 2025

Comparative Local and Multinational Advantages in the Global Mining Industry

Updates to this page

Published 16 April 2025