FDI by Early Movers, Followers and Latecomers: Timing of Entry by German Firms during Transition in the Czech Republic

doi:https://dx.doi.org/10.1080/13504851.2011.562149

Authors

Mühlen
H.
Nunnenkamp
P.

Publication Date

11/2011

DOI

10.1080/13504851.2011.562149

JEL Classification

F23

Key Words

distance

firm-level productivity

multinational enterprises

timing of FDI

We analyze FDI decisions by German firms with and without affiliates in the Czech Republic at different stages of transition. We find that FDI entry strongly depends on firm productivity immediately after the political and economic regime change, but less so with diminishing uncertainty. Likewise, distance-related transaction costs discourage FDI by latecomers considerably less than FDI by early movers.

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Subject Dossiers

Research Center

Trade

FDI by Early Movers, Followers and Latecomers: Timing of Entry by German Firms during Transition in the Czech Republic

Authors

Publication Date

DOI

JEL Classification

Key Words

More Publications

Bring the boys back home: The impact of foreign divestments on local firms

Distribution of Climate Damages in Convergence-Consistent Growth Projections

Scientific literature on carbon dioxide removal revealed as much larger through AI-enhanced systematic mapping

What if? The macroeconomic and distributional effects for Germany of a stop of energy imports from Russia

Subject Dossiers

International Trade

Research Center

Trade

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