Trade Costs and Foreign Direct Investment.
This paper reviews the theory of foreign direct investment (FDI), focusing on an apparent conflict between theory and recent trends in the globalized world. The bulk of FDI is horizontal rather than vertical, but horizontal FDI is discouraged when trade costs fall. This seems to conflict with the ex...
| मुख्य लेखक: | |
|---|---|
| स्वरूप: | Working paper |
| भाषा: | English |
| प्रकाशित: |
CEPR
2006
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