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The decision over exports vs. foreign direct investment (FDI) is usually discussed in an extension of the so …
Persistent link: https://www.econbiz.de/10011956704
We consider the plant location decision of a multinational corporation (MNC), which has the option to invest in a more or in a less technologically lagging country, and which aims to use its foreign plant as an export-platform. We show that the plant location decision of the MNC depends on...
Persistent link: https://www.econbiz.de/10012732577
Strategy and Overview of China's Capital Markets for Institutional Investment Managers …
Persistent link: https://www.econbiz.de/10013155279
We explore whether disclosures in the Management Discussion & Analysis (MD&A) have spillover effects for investment and … investment efficiency, and whether spillover effects vary with competition. We focus on the tone of MD&A disclosures and document … substitutable products. We obtain similar results for investment efficiency. Overall, our evidence suggests that MD&A disclosures have …
Persistent link: https://www.econbiz.de/10012861595
increasing return, agglomeration and network effects is important for their impact on trade, investment, growth and development …
Persistent link: https://www.econbiz.de/10014136929
We analyze the influence of endogenous competitiveness on multinational activity. Competitiveness is endogenized by assuming that firms differ on R&D commitment power, i.e.: some firms are leaders in R&D. We show that firms with higher commitment power tend to invest more in R&D and consequently...
Persistent link: https://www.econbiz.de/10013147974
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investment and internationalization of local companies. …
Persistent link: https://www.econbiz.de/10012195182
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