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and the volatility of the main capital flows - foreign direct investment (FDI), portfolio investment, and foreign bank …
Persistent link: https://www.econbiz.de/10011475864
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10003726051
firm characteristics for analyzing the determinants of outward foreign direct investment (FDI). The focus is on the role of … ownership shares in new affiliates. -- Multinational enterprises ; firm characteristics ; Indian locations ; German FDI …
Persistent link: https://www.econbiz.de/10003772206
undertaking new greenfield FDI. -- International sourcing ; FDI ; competitiveness of firms ; market access ; cost reduction ; core …
Persistent link: https://www.econbiz.de/10003882140
compensated partly by new job creation, particularly for high skilled workers. -- Outsourcing ; outward FDI ; motives ; location …
Persistent link: https://www.econbiz.de/10003872028
In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken … into account when analyzing the determinants of outward FDI. We combine two firm-specific datasets on German firms with … subsidiaries and joint ventures in the Czech Republic, compared to a control group of German firms without FDI in this host country …
Persistent link: https://www.econbiz.de/10003872043
importance of firm-level productivity and distance-related transaction costs as driving forces of FDI. Yet the timing of FDI has … received little attention in the empirical literature on FDI determinants. To help close this gap we analyze FDI decisions by … German firms with and without affiliates in the Czech Republic at different stages of transition. We find that FDI entry …
Persistent link: https://www.econbiz.de/10003929467
It is widely feared that outward FDI gradually hollows out domestic manufacturing and displaces local workers. We …. In particular, we assess whether repercussions at home depend on the size, location and type of outward FDI. We control … FDI. The effects of locating in China differ from those of locating in advanced countries not only in size but also in …
Persistent link: https://www.econbiz.de/10003877577
firm will export or import. Foreign ownership has a large positive impact on the likelihood to engage in direct trade but a … negative effect on the likelihood to trade through intermediaries; the effects vary across upper and lower middle income …
Persistent link: https://www.econbiz.de/10009772816
We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports and take this model to data from Germany, one...
Persistent link: https://www.econbiz.de/10009772938