Institutional complementarity across countries in bilateral FDI flows: Theory and evidence

Institutional complementarity across countries in bilateral FDI flows: Theory and evidence

This paper builds a theory to characterize the comparative advantage of MNEs based in countries of different institutional qualities. It is shown that MNEs headquartered in countries of poorer state institutions will invest more in `informal institutions; and choose to undertake FDI in countries of...

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Bibliographic Details
Main Author: CHANG, Pao-Li
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2015
Subjects:
Informal Institution
Foreign Direct Investment
Gravity Equation
Tobit
International Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/1793
https://ink.library.smu.edu.sg/context/soe_research/article/2792/viewcontent/P_ID_52655_16_2015.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soe_research/1793
https://ink.library.smu.edu.sg/context/soe_research/article/2792/viewcontent/P_ID_52655_16_2015.pdf

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