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Abstract
We use a systematic empirical analysis of the determinants of South-South (SS) and North-South (NS) foreign direct investment (FDI) as a canvas to explore how multinational enterprises’ (MNEs) location decisions are shaped by better acquaintance with a foreign market resulting from bilateral ties, experience of international expansion, and knowledge of how to deal with poor governance. We find that these various aspects of market familiarity, which can interact together, are important to explain and differentiate the location behaviors of South MNEs (S-MNEs) and North MNEs (N-MNEs) in developing countries.
Original language | English |
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Pages (from-to) | 307-345 |
Number of pages | 39 |
Journal | Economics and Politics |
Volume | 24 |
Issue number | 3 |
Early online date | 2 Aug 2012 |
DOIs | |
Publication status | Published - Nov 2012 |
Keywords
- South-South FDI
- governance
- institutions
- multinational enterprises
- foreign direct investment
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Dive into the research topics of 'Market familiarity and the location of South and North MNEs'. Together they form a unique fingerprint.Activities
- 1 Participation in conference
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Royal Economics Society Conference, March 2012
Darby, J. (Speaker)
26 Mar 2012Activity: Participating in or organising an event types › Participation in conference