Firm heterogeneity, foreign market entry mode and ownership choice

Andrzej Cieślik () and Michael J. Ryan ()

Japan and the World Economy, 2009, vol. 21, issue 3, pages 213-218

Abstract: We study the relationship between firm productivity, foreign market entry mode and affiliate ownership choice using Kolmogorov-Smirnov stochastic dominance tests on Japanese firm-level productivity and horizontal FDI data into 20 OECD countries during the period 1985-2001. We devote particular attention to different types of joint ventures to find that affiliate ownership increases with the parent firm's TFP.

Keywords: Firm; heterogeneity; Foreign; market; entry; mode; Japanese; direct; investment; Ownership; choice (search for similar items in EconPapers)
Date: 2009

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Persistent link: http://EconPapers.repec.org/RePEc:eee:japwor:v:21:y:2009:i:3:p:213-218

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