FDI Policy, Greenfield Investment and Cross‐border Mergers

This paper examines a multinational's choice between greenfield investment and cross‐border merger when it enters another country via foreign direct investment (FDI) and faces the host country's FDI policy. Greenfield investment incurs a fixed plant setup cost, whereas the foreign firm obt...

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Bibliographic details
Volume: 19
Main Author: Qiu, Larry D
Wang, Shengzu
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Oxford, UK Blackwell Publishing Ltd 01.11.2011
WILEY
Wiley Blackwell
Wiley Subscription Services, Inc
published in: Review of international economics Vol. 19; no. 5; pp. 836 - 851
Data of publication: November 2011
ISSN: 0965-7576
1467-9396
EISSN: 1467-9396
Discipline: Business
Economics
Bibliography: We would like to thank Ngo Van Long, Carlene Belford, Christos Ntantamis, and an anonymous referee for his/her helpful comments and suggestions. The views expressed herein are those of the authors and should not be attributed to the IMF, its Executive Board, or its management.
Series: Review of International Economics
Subjects:
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2011
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