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Exploring Outward FDI and the Choice of Destination: Evidence from Swedish Firm-Level Data

Författare

Summary, in English

Using Swedish firm-level data on all firms and their affiliates abroad, we investigate what observable firm and country characteristics affect the size of affiliate firms in a particular destination. We employ the richness of the data to investigate the importance of destination country factors in explaining firm outward FDI activities and distinguish between the factors that affect such activities in manufacturing versus services firms as well as vertical versus horizontal investments. Our results lend support to existing theories of multinational activity, including observable differences between vertical and horizontal manufacturing firms, as well as between services and manufacturing FDI firms

Publiceringsår

2016

Språk

Engelska

Publikation/Tidskrift/Serie

Working Papers

Issue

2016:16

Dokumenttyp

Working paper

Förlag

Department of Economics, Lund University

Ämne

  • Economics

Nyckelord

  • outward FDI
  • globalization
  • FDI destination
  • heterogeneous firms
  • F10
  • F20

Status

Published