Blonigen, Bruce A.; Ellis, Christopher J.; Fausten, Dietrich - 2022
We show that industrial ownership structures, such as keiretsu groupings in Japan, may significantly impact firms … keiretsu firms, this paper examines two relatively unexplored channels by which ownership structure matters for FDI incentives … keiretsu firms with cross-ownership consider more directly the congestion effects of further FDI into a market. The second …