Dong, Quan; Bárcena Ruiz, Juan Carlos; Garzón, Maria … - In: Estudios de economía 49 (2022) 2, pp. 145-173
This paper examines whether a Northern firm prefers to export or to engage in FDI to serve the South. If the firm engages in FDI, its technology is imitated, and a Southern firm enters the market that may sell in both markets. The Northern firm may invest to prevent product piracy in the North....
