دورية أكاديمية

New evidence on the link between exchange rates and asset-seeking acquisition FDI

التفاصيل البيبلوغرافية
العنوان: New evidence on the link between exchange rates and asset-seeking acquisition FDI
المؤلفون: Lee, Donghyun1 dlee12@uoregon.edu
المصدر: North American Journal of Economics & Finance. Jan2013, Vol. 24, p153-158. 6p.
مصطلحات موضوعية: *FOREIGN exchange rates, *ASSET acquisitions, *FOREIGN investments, *ECONOMICS, DEVELOPED countries, HYPOTHESIS
مصطلحات جغرافية: UNITED States
مستخلص: Abstract: Blonigen (1997) proposes a link between exchange rates and foreign direct investment (FDI) motivated to acquire complementary assets (i.e., asset-seeking acquisition FDI). However, previous studies have only examined this hypothesis with acquisition FDI data from a country source that are mostly U.S. inbound. In this paper I examine the hypothesis using the acquisition FDI data from multiple country sources that are inbound for various countries. I find evidence in support of this hypothesis for U.S. inbound acquisition FDI from multiple country sources, but not inbound acquisition FDI for other various developed countries. [Copyright &y& Elsevier]
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قاعدة البيانات: Business Source Index
الوصف
تدمد:10629408
DOI:10.1016/j.najef.2012.05.001