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between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force …
Persistent link: https://www.econbiz.de/10010266060
This paper tests some of the predictions of recent advances in trade theory that have focused on different trade patterns of firms within the same sector. Helpman, Melitz and Yeaple (2005) develop a model in which innate productivity differences between firms determine the degree of...
Persistent link: https://www.econbiz.de/10010295792
foreign direct investment choice, the export strategy can be rejected although it is dominating the FDI project and although … continuous variables on export and FDI patterns. …
Persistent link: https://www.econbiz.de/10010301792
Die Globalisierung ist ein raumwirtschaftlicher Prozeß. Ursache für diesen Prozeß ist das Sinken räumlicher Transaktionskosten in einem umfassenden Sinne. Dadurch geraten regionale Produzenten einerseits unter Wettbewerbsdruck durch Anbieter aus anderen (Welt-) Regionen, andererseits...
Persistent link: https://www.econbiz.de/10011418041
-oriented foreign direct investment (FDI). The effects of these policies on the external accounts have been largely ignored. This paper … endogenizes FDI inflows in a structuralist general equilibrium framework to contribute towards filling this gap. Our economy …. The analysis finds that, contrary to widely-shared perceptions, the short-run effects of FDI-friendly policies on the …
Persistent link: https://www.econbiz.de/10011527415
Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different … dimensions of distance affect exports and FDI differently. There is clear evidence of a proximity-concentration trade-off in …
Persistent link: https://www.econbiz.de/10011378320
We assess drivers of FDI in a panel of BRICS and MINT countries for the period 2001-2011. We bundle and unbundle … established. First, for both contemporary and non-contemporary specifications, while determinants for gross FDI are significant …, they are not for net FDI. Second, for contemporary specifications, the significance of the governance dynamics is as …
Persistent link: https://www.econbiz.de/10011409066
We consider two channels via which foreign inputs into industrial production may lead to productivity effects. The first one concerns dynamic externalities between firms which share technical and organizational knowledge which is vital for the productivity growth of a particular industry. We...
Persistent link: https://www.econbiz.de/10011472478
This paper brings forward a three-country model to analyze the internationalization process in the age of globalization. It is shown that investment of one company increases not only the incentive to invest in another country for every national competitor but for third country's companies as...
Persistent link: https://www.econbiz.de/10011476519
Internationale Direktinvestitionen, die als entscheidender Motor der Globalisie­rung gelten, werden mehr und mehr durch Fusionsaktivitäten dominiert. Seit Mitte der neunziger Jahre ist eine ausgeprägte Welle von Direktinvestitionen und eine entsprechende Welle grenzüberschreitender Fusionen...
Persistent link: https://www.econbiz.de/10011477252