Belderbos, René; Wakasugi, Ryuhei; Zou, Jianglei - In: Journal of the Japanese and International Economies 26 (2012) 2, pp. 187-200
We examine the impact of buyer–supplier relationships within business groups on capital goods trade by taking into account potential simultaneous effects of business group ties on foreign direct investment. We posit that (1) foreign affiliates of business group firms have a greater propensity...