FDI and FPI - Strategic Complements?

We show in a dynamic investment setting whether firms choose FDI or international portfolio investment (FPI) in the presence of stochastic productivity taking into account di¤erences in flexibility of both invest- ments. Isolated FPI and FDI investments are compared to combined FPI and FDI inves...

Full description

Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 12-2008)
Main Author:	Pfeffer, Barbara
Format:	Work
Language:	English
Published:	2008
Subjects:	endogeneous Productivity Risk Diversi…cation Portfolio Investment FDI Wirtschaft Economics
Online Access:	PDF Full Text
Tags:	Add Tag No Tags, Be the first to tag this record!