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distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … understood as reducing distance, leads to more integration. …
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The decisions of foreign investors on technical cooperation versus equity engagements and on the degree of ownership in FDI projects are likely to depend on their relative bargaining position vis-à-vis the host country. India provides an interesting case for analyzing the interplay between...
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implementation of the theory in open-economy environments and its implications for the international organization of production and … property-rights theory. Along the way, I develop novel theoretical results and also outline some of the key limitations of …
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Global value chains (GVCs) have sharpened the interdependencies between trade and foreign direct investment (FDI). Using a novel micro-level dataset covering about 27 000 corporate relationships of 147 multinational enterprises (MNEs) in 13 sectors, new evidence is provided on how firms organise...
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