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- W3036007064 abstract "The standard firm heterogeneity model of FDI considers the case of whole ownership of foreign affiliates. However, there exist many partially-owned foreign affiliates. This paper builds a model based on Helpman et al. (2004) to allow various ownership structures and posits some testable hypotheses on the relationship between productivity and ownership shares/structures. The empirical part corroborates these hypotheses, showing that high productivity firms tend to have a higher ownership share in their affiliates, and lower productivity firms tend to opt for joint-ventures with wholesalers and/or local/3rd country partners." @default.
- W3036007064 created "2020-06-25" @default.
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- W3036007064 date "2022-12-01" @default.
- W3036007064 modified "2023-10-18" @default.
- W3036007064 title "FDI, ownership structure, and productivity" @default.
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- W3036007064 doi "https://doi.org/10.1016/j.japwor.2022.101158" @default.
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