This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The … investment in fixed assets. The empirical approach, which rests upon extensive and intensive margin variation, is shown to … produce very robust results. These suggest a positive relationship between foreign and home investment in real capital. This …

information about future investment opportunities. I examine whether this feature of alliances hinders the market's ability to … correctly assess the investment opportunities of firms in alliances. Supporting this prediction, more connected firms in a … network of alliances have a lower sensitivity of investment to stock price. Several alternative channels related to firm size …

We examine the interplay of endogenous vertical integration and costreducing downstream investment in successive …, we establish the following main results: First, vertical integration increases own investment and decreases competitor … investment (intimidation effect). Second, asymmetric equilibria typically involve integrated firms that invest more into …

We examine the interplay of endogenous vertical integration and cost-reducing downstream investment in successive …, we establish the following main results: First, vertical integration increases own investment and decreases competitor … investment (intimidation effect). Second, asymmetric equilibria typically involve integrated firms that invest more into …

If the relation between investment and economic growth is well established in the macroeconomic literature, the … linking investment and firm performance in the French and Italian manufacturing industries. It does so by putting forth a … novel methodology to identify investment spikes that corrects for size dependence. While maintaining the desired properties …

We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of …

investment and expected returns. In imperfectly competitive industries, a firm's exposure to systematic risk is jointly affected … by its own investment strategy and the investment strategies of its industry peers, such that the dynamics of its …

This paper examines the impact of investment in knowledge-based capital on firm productivity. The analysis is based on … investment in knowledge-based capital which include expenditures on R&D, and on non-R&D intangible assets such as computer … and above other factors, an increase in investment in knowledge-based capital of 10 per cent increases firm productivity …

This paper examines the impact of investment in knowledge-based capital on firm productivity. The analysis is based on … investment in knowledge-based capital which include expenditures on R&D, and on non-R&D intangible assets such as computer … and above other factors, an increase in investment in knowledge-based capital of 10 per cent increases firm productivity …