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This paper focuses on the role of classifying types of foreign direct investment (FDI) for analyzing the determinants of cross-border investment relationships. We base our investigation on a newly established firm-level data set of German multinational firms and their affiliates in the Czech...
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on the relevance of productivity in the German-Czech FDI relations. We pursue a reference group approach by comparing …. The second stage examines the relationship between productivity and the intensive margin of FDI. We find evidence that … productivity is not only a crucial factor for the decision to invest in the neighboring country, but plays also a relevant role for …
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productivity, financial constraints and labor market constraints might constitute barriers to entry into foreign markets. We … size and productivity on firms’ international activities. Second, small firms suffer more frequently from financial … ; productivity ; financial constraints ; labor market constraints …
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This paper examines the link between a firm’s ownership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through...
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