Razin, Asaf; Tsadḳah, Efrayim; Tong, Hui - In: CESifo economic studies : CESifo, a joint initiative of … 54 (2008) 3, pp. 451-470
investment (FDI) flows to the host country, through the standard marginal profitability effect. But, at the same time, such a … shock may lower the likelihood of making any new FDI flows by the source country, through a total profitability effect … the existence of such conflicting effects of productivity changes on bilateral FDI flows. We also uncover sizeable …