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Location of foreign direct investment in vertically related markets

Milliou, Chrysovalantou - 2013

We provide an alternative explanation for the commonly observed FDI in developed countries (DCs) considering a vertically related market structure and endogenizing vertical technology transfer (VTT). We show that even though VTT is more costly in a less developed country (LDC), a multinational...

Persistent link: https://www.econbiz.de/10009707619