The effect of investor origin on firm performance: Domestic and foreign direct investment in the United States
Abstract
This paper evaluates the causal relationship between the source of origin of FDI and the performance of the target firm. The empirical analysis uses new data on a comprehensive sample of public U.S. firms that received FDI between 1979 and 2006. To account for the possibility that performance differences arise due to the selection of superior target firm rather than the change in ownership, I use propensity score matching to create similar...
Paper Details
Title
The effect of investor origin on firm performance: Domestic and foreign direct investment in the United States
Published Date
Mar 1, 2011
Volume
83
Issue
2
Pages
219 - 228
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