Firm heterogeneity and location choice of German multinational firms
Metadatos
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comunitat-uji-handle2:10234/71324
comunitat-uji-handle3:10234/111700
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Título
Firm heterogeneity and location choice of German multinational firmsAutoría
Tutor/Supervisor; Universidad.Departamento
Orts Ríos, Vicente; Universitat Jaume I. Departament d'EconomiaFecha de publicación
2017Editor
Universitat Jaume IResumen
In this paper we examine how different host country characteristics affect the location
decisions of German multinational firms in developing and transition countries, paying
particular attention to the sectoral ... [+]
In this paper we examine how different host country characteristics affect the location
decisions of German multinational firms in developing and transition countries, paying
particular attention to the sectoral composition of foreign direct investment (FDI). The
study is focused on a broad sample of 22,533 foreign affiliates established in 145
countries over the period 1990 to 2015. A logit model has been employed to carry it out.
The results suggest that market size, human capital, information and communication
technology (ICT) infrastructures and surprisingly, the level of corruption, have a positive
effect on the decisions of German multinationals to engage in FDI in both developing
and transition economies. However, labor costs, distance between parent and host
country and macroeconomic instability are factors which avoid the entrance of German
firms in those countries. Finally, as for the agglomeration effects, interesting differences
between manufacturing and services sector have been found. [-]
Palabras clave / Materias
Descripción
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2016/2017
Tipo de documento
info:eu-repo/semantics/bachelorThesisDerechos de acceso
Licencia CC-BY-SA
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
Aparece en las colecciones
- Grau en Economia [289]
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