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Using a unique dataset on worldwide multinational corporations with precise location of headquarters and affiliates, I present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary's economic activity, emerging from dynamics related to...
Persistent link: https://www.econbiz.de/10011864328
Using a unique dataset on worldwide multinational corporations with precise location of headquarters and affiliates, I present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary's economic activity, emerging from dynamics related to...
Persistent link: https://www.econbiz.de/10011891832
investors, the choice of foreign direct investment (FDI) location within the selected host country. We argue that the … alternative concepts of distance might impact upon firms' FDI location decisions, and explicitly model different measures of … a new dataset on FDI in Chinese prefecture-cities, and have shown, in this context, that geographic distance is not the …
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importance of firm-level productivity and distance-related transaction costs as driving forces of FDI. Yet the timing of FDI has …. -- Multinational enterprises ; firm-level productivity ; distance ; timing of FDI … received little attention in the empirical literature on FDI determinants. To help close this gap we analyze FDI decisions by …
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