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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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2015
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| 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 |