Firm heterogeneity, foreign market entry mode and ownership choice

Andrzej Cieślik and Michael Ryan

Japan and the World Economy, 2009, vol. 21, issue 3, 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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Citations: View citations in EconPapers (11)

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