Razin, Assaf; Sadka, Efraim; Tong, Hui - 2021
A positive productivity shock in the host country tends typically to increase the volume of the desired 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, derived from the a general …