Ho, Woon-Yee; Wang, Peiming; Alba, Joseph D. - In: International Review of Economics & Finance 18 (2009) 1, pp. 26-30
We use a bivariate zero-inflated negative binomial model to examine Japanese merger and acquisition (M&A) FDI jointly with other types of Japanese FDI (or non-M&A FDI) into the United States. We find that for firms likely to engage in FDI, their rates of FDI are affected by the financial health...