A decomposition of factors influencing horizontal and vertical FDI: A separate analysis

被引:6
作者
Yokota K. [1 ]
Tomohara A. [2 ]
机构
[1] Faculty of Commerce, Waseda University, Shinjuku-ku, Tokyo 169-8050
[2] Anderson Graduate School of Management, University of California Los Angeles, Los Angeles
关键词
horizontal FDI; multinational enterprises; vertical FDI; F1; F21; F23;
D O I
10.1057/eej.2008.45
中图分类号
学科分类号
摘要
While the literature has explored which factors determine the emergence of different multinational enterprise (MNE) structures (i.e., horizontal or vertical MNEs), little attention has been paid to differences within the same MNE type. This paper proposes an index to distinguish horizontal foreign direct investment (FDI) from vertical FDI and tries to identify different FDI motivations within the same MNE type. The analysis indicates that industry type, FDI destinations, and the interaction of the two play an important role in determining MNE structures. Our analysis uncovers interesting FDI patterns from data and obtains a more nuanced typology of the US multinational affiliate activities.
引用
收藏
页码:462 / 478
页数:16
相关论文
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