| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963017 | Journal of International Economics | 2012 | 12 Pages |
Abstract
⺠This paper incorporates risk into the FDI decisions of firms. ⺠The risk of FDI failure increases with the technology complexity of a firm's product. ⺠This leads to a double-crossing sorting pattern of FDI. ⺠Firms of intermediate technology levels are more likely than others to undertake FDI. ⺠The prediction is consistent with the FDI pattern of US and Taiwanese firms in China.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Pao-Li Chang, Chia-Hui Lu,