International flows of capital in the form of FDI are being recognized as a means of promoting economic development. Outward FDI from emerging economies enhances the competitiveness of their companies by providing access to strategic assets, technology, skills, natural resources and markets in...

We exploit the 2011 Japanese natural disaster to investigate the effects of deep disruptions of Japanese parent firms’ production activities on South Korean subsidiaries’ operations. Using a simple DiD specification applied to firms from the KNSO panel database we detail the features of a...