Dynamische Investitionsrechnung und Steuerplanung im internationalen Kontext -- Optimale Repatriierungspolitik unter Sicherheit -- Optimale Repatriierungspolitk unter Unsicherheit -- Zusammenfassung und Fazit.

This is the first book to explain the expansion of multinational enterprises (MNEs) into a transition economy from a technology accumulation perspective. The author provides a theoretical alternative to accepted wisdom regarding technology transfer, and discusses the policy implications of this...

Economists interested in location choices usually focus their attention on investments abroad. This neglects the fact that multinational enterprises continue to invest domestically while undertaking foreign expansion. This paper compares investments at home and abroad. Our firm-level dataset...

In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about whether to serve foreign customers by exporting, or by producing abroad. We consider the case of...

We use data on the sources of debt finance of U.S. majority-owned foreign affiliates in 53 countries over the period 1983 to 2001 to examine the role of financial market development, and exposure to host country-specific risk on the financing choices of these affiliates. We find that total...