Arbeitspapier

Firm heterogeneity, industry characteristics and types of FDI: the case of German FDI in the Czech Republic

In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken into account when analyzing the determinants of outward FDI. We combine two firm-specific datasets on German firms with subsidiaries and joint ventures in the Czech Republic, compared to a control group of German firms without FDI in this host country. The impact of firm and industry characteristics on FDI decisions is assessed by estimating two-step Heckman models. We find that larger, more productive and more experienced firms are more likely to invest in the Czech Republic. Firm characteristics also affect the size of FDI in manufacturing. The relevance of both firm and industry characteristics critically depends on whether FDI is horizontal or vertical.

Sprache
Englisch

Erschienen in
Series: Kiel Working Paper ; No. 1544

Klassifikation
Wirtschaft
Multinational Firms; International Business
Firm Performance: Size, Diversification, and Scope
Thema
Multinational enterprises
firm heterogeneity
industry characteristics
sector-specific FDI
vertical and horizontal FDI
Multinationales Unternehmen
Direktinvestition
Deutsch
Verarbeitendes Gewerbe
Industriestruktur
Deutschland
Tschechische Republik

Ereignis
Geistige Schöpfung
(wer)
Görg, Holger
Mühlen, Henning
Nunnenkamp, Peter
Ereignis
Veröffentlichung
(wer)
Kiel Institute for the World Economy (IfW)
(wo)
Kiel
(wann)
2009

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Görg, Holger
  • Mühlen, Henning
  • Nunnenkamp, Peter
  • Kiel Institute for the World Economy (IfW)

Entstanden

  • 2009

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