Informal institutions and comparative advantage of South-based MNEs: Theory and evidence

This paper builds a theory to characterize the comparative advantage of South-based MNEs rooted in institutional qualities. MNEs headquartered in countries of poorer state institutions are hypothesized to invest more in `informal institutions', and as an optimal response, undertake FDI in count...

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Bibliographic Details
Main Author: Chang, Pao-li
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research_all/21
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1020&context=soe_research_all
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Institution: Singapore Management University
Language: English
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