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. …

Economic theory provides two main explanations why changes in exchange rates can affect foreign direct investment (FDI …). According to a first explanation, FDI reacts to exchange rate changes if there are information frictions on capital markets and … explanation, FDI reacts to exchange rate changes if output and factor markets are segmented, and if firm-specific assets are …

This article argues that the body of foreign direct investment (FDI) literature in general and the ownership, location … as drivers of FDI. We suggest that financial strategies involving factors such as debt/equity swaps or equity-listings in … foreign equity markets affect the firm's relative cost and availability of capital, and motivate a firm's engagement in FDI …

regime increases worldwide FDI and raises the world interest rate. Distinguishing three groups of countries, we show that … income countries are likely to gain from increased inward FDI, whereas least developed countries lose because they receive … less FDI. Our results explain the stylized fact that a multilateral investment agreement was opposed by least developed …

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 …

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. - export ; FDI ; uncertainty ; real option approach …

We show in a dynamic investment setting whether firms choose FDI or international portfolio investment (FPI) in the … presence of stochastic productivity taking into account differences in flexibility of both investments. Isolated FPI and FDI … investments are compared to combined FPI and FDI investments. FDI requires higher investment specific costs than FPI. Thus, it is …

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 …

This paper examines the long-run relationship between outward foreign direct investment (FDI) and total factor …: (i) outward FDI has, on average, a positive long-run effect on total factor productivity in developing countries, (ii …) increased factor productivity is both consequence and a cause of increased outward FDI, and (iii) there are large differences in …