This paper analyzes the optimality of policy specifications used to regulate the acquisition and operation of local … in the market for corporate control. We show that it is optimal to impose ceilings on foreign ownership of domestic firms … the MNE to gain control of the domestic firm, it nevertheless influences the price that the MNE must pay for the domestic …

We develop a three-country heterogeneous-firm model and show that FDI liberalization in one foreign country (F1 …) results in the following: (i) some firms from the home country switch from export to FDI in F1; (ii) skilled labor¡¯s wage … firms from the home country switch from FDI to export to another foreign country (F2). The effects from trade liberalization …

examine the impact of foreign direct investment (FDI) on technology development in the PRC. We start by surveying a large and … growing literature on FDI and spillovers in the country. Most previous studies find evidence of positive spillovers. We then … continue to examine the effect of FDI on competition in the Chinese manufacturing sector and the effect of competition on firms …

Foreign direct investment (FDI) may benefit local firms in the host country through various kinds of spillovers, but it … 2001–2008, this paper examines the aggregate effect of FDI on the survival of domestic private firms in Viet Nam. We … estimate the impact of both horizontal and vertical FDI and explore how the presence of state-owned enterprises (SOEs …

FDI can be an important channel for developing countries’ ability to get access to new technology. The impact of FDI on … demonstration effects could have a positive impact. Another and so far little examined effect of FDI on technology development in … domestically-owned firms is through the impact on competition. We examine the effect of FDI on competition in the Chinese …

firms to serve foreign markets either through exports or local subsidiary sales (FDI). These modes of market access involve … serve the overseas market via FDI. The Paper then explores several implications of the individual firms’ decisions for … aggregate export and FDI sales relative to the domestic and foreign market sizes. In particular, it is shown that firm level …

especially because it removes the arbitrariness in identifying control/influence. There is a large variety in even within FDI and …The issue of differentiating between FDI and FPI is related to the functional aspects of the investments. The … that while control/influence is a better indicator of the effectiveness of foreign association through investment in risk …

acquisition target based on its productivity level, profitability and other characteristics and whether the performance of … Japanese firms that were acquired by foreign firms improves after the acquisition. In our previous study for the Japanese … similar characteristics to firms that were acquired by foreigners. Using these firms as control subjects and comparing the …