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Models dealing with cross-border acquisitions versus greenfield investment usually assume that the entry of a foreign firm into a market has effects on the outputs of all domestic firms in that market, but exit or entry of local firms is not considered. The purpose of this paper is to re-examine...
Persistent link: https://www.econbiz.de/10012463119
Models dealing with cross-border acquisitions versus greenfield investment usually assume that the entry of a foreign firm into a market has effects on the outputs of all domestic firms in that market, but exit or entry of local firms is not considered. The purpose of this paper is to re-examine...
Persistent link: https://www.econbiz.de/10013224413
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An interesting empirical phenomenon is export-platform foreign-direct investment, particularly affiliate production for … its own market, and uses a plant in a small, low-cost country to serve the other highincome country. Third-country export … parent and exports to third countries, consistent with parameterizations that generate "global export-platform" production …
Persistent link: https://www.econbiz.de/10014064406
Export-platform foreign direct investment in which the affiliate's output is (largely) sold in third markets rather …, high-cost economies and a small low-cost economy. Pure export-platform production arises in a symmetric case, when a firm … its low-wage partner in order to serve their joint free-trade area and to export to the outside high-cost country …
Persistent link: https://www.econbiz.de/10014088562
The structure of a multinational firm, that is how its affiliates relate to one another, is critical for understanding where multinationals locate, how policy affects them, and their resilience to localized shocks. Here, we review the two main structures - market-seeking horizontal and...
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