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 …

inward FDI stocks. For a panel of five advanced economies from 1980 to 2006 it is shown that price competitiveness, stable …-Saxon legislation also play a role. Financial competitiveness in turn encourages FDI inflows whereas it benefits fixed investment …

foreign direct investment (FDI). Two competing specifications of exchange rate volatility are examined. The investigation is … based on a cross-section time-series data set of U.S. outward FDI by industries to six major partner countries for the … uncertainty has a discouraging effect on FDI flows across all industries. This is contrasted when applying an alternative risk …

investments (FDI) in the US. In contrast to earlier work, this paper puts special emphasis on controlling for Marshallian … externalities may, if not accounted for appropriately, be falsely attributed to FDI. This paper also deals with the potential … endogeneity of FDI and the presence of spatial lags by employing a system generalized method of moments (GMM) estimator. We use a …

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 …

The People's Republic of China (PRC) has received enormous inflows of foreign direct investment (FDI) in recent years … perspectives on their relative importance for the three countries involved. We also analyze the industrial composition of FDI flows … over time. US FDI flows to the PRC have been less concentrated in manufacturing than average for investors in the PRC while …

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 …

There are four major modes through which firms undertake foreign direct investment (FDI): merger and acquisition (M …&A), joint venture, new plant, and others. The four modes of FDI are distinct from each other, and each has its own unique … advantages and disadvantages. While a large and growing empirical literature examines the determinants of FDI, very few studies …

investment (FDI). This, in turn, can reduce the returns from non-M&A FDI in light of the complementary relationship between M …&A and non-M&A FDI. We use firm-level evidence to empirically examine the effect of corporate governance in the United States … (US) on Japanese M&A and non-M&A FDI inflows. In doing so, we expand upon Alba, Park, and Wang (2009), which looked only …