We provide an alternative explanation for the commonly observed FDI in developed countries (DCs) considering a …. Moreover, we show that a multinational sometimes locates its FDI in a DC where, although downstream competition is stronger … less developed, FDI is always welfare-enhancing. …

-border merger and acquisitions data support the model's prediction that horizontal FDI grows relatively faster than exports in … investment (FDI). Firms that enter a foreign market by exporting are able to capture consumer surplus from introducing a … product space are lower and a merger with an incumbent (horizontal FDI) offers pricing power that allows the entrant to …

We study a multinational enterprise's (MNE) choice of foreign direct investment (FDI) mode in a vertically related … among FDI modes as well as among markets with more or less dependence on backward linkages. …

According to conventional wisdom, multinational firms undertake vertical FDI in order to take advantage of cross … intangible assets between a multinational's vertically related production plants, its parent firm can engage in vertical FDI in … consequences of vertical FDI. …

-induced foreign direct investment (FDI) may entail inefficient internal production. We show how the mechanisms behind such inefficient … FDI differ between alternative implementation schemes of the ALP and explore implications of the ALP for welfare and dual …

within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …

matched employeremployee data. We observe above average separations of workers around domestic acquisitions. This is … associated with a decline in unobserved worker quality in the plant. Foreign acquisitions are not associated with above average …