Exploring Outward FDI and the Choice of Destination: Evidence from Swedish Firm-Level Data
Author
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
Department/s
Publishing year
2016
Language
English
Publication/Series
Working Papers
Issue
2016:16
Links
Document type
Working paper
Publisher
Department of Economics, Lund University
Topic
- Economics
Keywords
- outward FDI
- globalization
- FDI destination
- heterogeneous firms
- F10
- F20
Status
Published