Exploring outward FDI and the choice of destination: Evidence from Swedish firm-level data
(2018) In Applied Economics Letters 25(17). p.1222-1225- Abstract
- Using Swedish firm-level data on all firms and their affiliates abroad, we investigate what observable firm and country characteristics affect the size of an affiliate 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 of manufacturing but not services firms. We also find observable differences between vertical and horizontal manufacturing firms that are not always explained by theory.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/efbe9476-4a2b-48bf-a739-3c31f1786c3e
- author
- Gullstrand, Joakim LU ; El-Sahli, Zouheir LU and Olofsdotter, Karin LU
- organization
- publishing date
- 2018-10-07
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- outward FDI, globalization, FDI destination, heterogeneous firms
- in
- Applied Economics Letters
- volume
- 25
- issue
- 17
- pages
- 1222 - 1225
- publisher
- Routledge
- external identifiers
-
- scopus:85038001628
- ISSN
- 1466-4291
- DOI
- 10.1080/13504851.2017.1412068
- language
- English
- LU publication?
- yes
- id
- efbe9476-4a2b-48bf-a739-3c31f1786c3e
- date added to LUP
- 2017-11-29 09:48:24
- date last changed
- 2024-09-02 12:23:52
@article{efbe9476-4a2b-48bf-a739-3c31f1786c3e, abstract = {{Using Swedish firm-level data on all firms and their affiliates abroad, we investigate what observable firm and country characteristics affect the size of an affiliate 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 of manufacturing but not services firms. We also find observable differences between vertical and horizontal manufacturing firms that are not always explained by theory.}}, author = {{Gullstrand, Joakim and El-Sahli, Zouheir and Olofsdotter, Karin}}, issn = {{1466-4291}}, keywords = {{outward FDI; globalization; FDI destination; heterogeneous firms}}, language = {{eng}}, month = {{10}}, number = {{17}}, pages = {{1222--1225}}, publisher = {{Routledge}}, series = {{Applied Economics Letters}}, title = {{Exploring outward FDI and the choice of destination: Evidence from Swedish firm-level data}}, url = {{https://lup.lub.lu.se/search/files/35462475/Exploring_outward_FDI_and_the_choice_of_destination_evidence_from_Swedish_firm_level_data.pdf}}, doi = {{10.1080/13504851.2017.1412068}}, volume = {{25}}, year = {{2018}}, }