Industrial groupings and foreign direct investment

Show simple item record Blonigen, Bruce A. (Bruce Aloysius) Ellis, Christopher J. Fausten, Dietrich 2003-12-15T20:31:11Z 2003-12-15T20:31:11Z 2003-03
dc.description.abstract We 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.extent 206367 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.publisher University of Oregon, Dept of Economics en
dc.relation.ispartofseries University of Oregon Economics Department Working Papers;2003-19
dc.subject International economics en
dc.subject Financial economics en
dc.subject International factor movements and international business en
dc.subject Multinational firms en
dc.subject International business en
dc.subject Corporate finance and governance en
dc.title Industrial groupings and foreign direct investment en
dc.type Working Paper en

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