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investments (FDI) in the US. In contrast to earlier work, this paper puts special emphasis on controlling for Marshallian … externalities may, if not accounted for appropriately, be falsely attributed to FDI. This paper also deals with the potential … endogeneity of FDI and the presence of spatial lags by employing a system generalized method of moments (GMM) estimator. We use a …
Persistent link: https://www.econbiz.de/10003864488
We show in a dynamic investment setting whether firms choose FDI or international portfolio investment (FPI) in the … presence of stochastic productivity taking into account differences in flexibility of both investments. Isolated FPI and FDI … investments are compared to combined FPI and FDI investments. FDI requires higher investment specific costs than FPI. Thus, it is …
Persistent link: https://www.econbiz.de/10003865729
cooperation, and thus that empirical evidence is not in accordance with the tested models. Further, it seems that by means of FDI …
Persistent link: https://www.econbiz.de/10003823894
foreign location and the headquarters deter FDI investments. Manufacturing and older companies are more likely to establish …
Persistent link: https://www.econbiz.de/10003824854
We integrate international business theory on foreign direct investment (FDI) with institutional theory on intellectual … region with an IPR regimegap visàvis West European countries. We start from the premise that FDI may play a crucial role for …. In terms of economic policy, this leads to the conclusion that the FDI will have a larger developmental impact if the IPR …
Persistent link: https://www.econbiz.de/10003825768
between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force …
Persistent link: https://www.econbiz.de/10003883086
The People's Republic of China (PRC) has received enormous inflows of foreign direct investment (FDI) in recent years … perspectives on their relative importance for the three countries involved. We also analyze the industrial composition of FDI flows … over time. US FDI flows to the PRC have been less concentrated in manufacturing than average for investors in the PRC while …
Persistent link: https://www.econbiz.de/10003901563
Ever since India decided to globalize, concentrated effort was made to attract Japanese participation through foreign direct investment. However, response from Japan has been rather subdued. This paper attempts to gain some insight into this reluctance of Japanese investors by studying the...
Persistent link: https://www.econbiz.de/10003913780
Persistent link: https://www.econbiz.de/10008668699
This paper extends the existing literature on FDI and wage inequality. We do this in two ways. Firstly, we incorporate … and vertical FDI. Secondly, after establishing the effects that inward investment has on wage inequality, we then analyse … has on this. We illustrate the important differences that horizontal and vertical FDI have on both wages and wage …
Persistent link: https://www.econbiz.de/10003937244