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dc.contributor.authorBlonigen, Bruce A. (Bruce Aloysius)
dc.contributor.authorEllis, Christopher J.
dc.contributor.authorFausten, Dietrich
dc.date.accessioned2003-12-15T20:31:11Z
dc.date.available2003-12-15T20:31:11Z
dc.date.issued2003-03
dc.identifier.urihttp://hdl.handle.net/1794/136
dc.description.abstractWe explore worldwide foreign direct investment location decisions by Japanese manufacturing firms from 1985 through 1991. Our conditional logit estimates provide evidence that firms’ location decisions are affected by membership in either vertical or horizontal keiretsu. Consistent with previous studies that stress agglomeration effects on firms’ location decisions, we find that the stock of investment in a region by a firm’s vertical keiretsu partners increases the probability of location. Further, we find that the recent flow of investment into a region by a firm’s horizontal keiretsu partners increases the probability of investment to the region, providing evidence of networking effects.en
dc.format.extent206367 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoen_US
dc.publisherUniversity of Oregon, Dept of Economicsen
dc.relation.ispartofseriesUniversity of Oregon Economics Department Working Papers;2003-19
dc.subjectInternational economicsen
dc.subjectFinancial economicsen
dc.subjectInternational factor movements and international businessen
dc.subjectMultinational firmsen
dc.subjectInternational businessen
dc.subjectCorporate finance and governanceen
dc.titleIndustrial groupings and foreign direct investmenten
dc.typeWorking Paperen


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