We investigate both theoretically and empirically the competitive discipline effect exerted by FDI on plant-level price-cost margins. Using plant level data for manufacturing industries in the United Kingdom we find robust evidence supporting our theoretical predictions: greenfield FDI has a...

I seek to evaluate the influence of the European Internal Market Programme on the relative significance of the determinants of entry (via acquisitions and start-ups) by non-EU multinationals in some 102 UK manufacturing sectors. The occurrence of foreign direct investment (FDI) is modelled as a...