Foreign Entry into US Manufacturing by Takeovers and the Creation of New Firms
Zadia M Feliciano () and
Additional contact information
Zadia M Feliciano: Department of Economics, Queens College, CUNY
Eastern Economic Journal, 2017, vol. 43, issue 1, No 1, 16 pages
Abstract Using US Bureau of Economic Analysis data from 1988 to 2006, we investigate the relationship between foreign acquisitions and new foreign establishments (greenfields) and the comparative advantage of the investing country. Unlike previous studies, we analyze the value of assets acquired by foreign investors and assets in newly established foreign firms in manufacturing industries. We find foreign acquisitions are in industries in which the investing country has a comparative advantage but are not in industries of US comparative advantage or disadvantage. Foreign-owned newly established firms are in industries of investing country comparative advantage and US comparative disadvantage.
Keywords: foreign acquisitions; mergers; takeovers; greenfields; F21; F23; G34 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1057/eej.2015.4 Abstract (text/html)
Access to full text is restricted to subscribers.
Working Paper: Foreign Entry into U.S. Manufacturing by Takeovers and the Creation of New Firms (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pal:easeco:v:43:y:2017:i:1:d:10.1057_eej.2015.4
Ordering information: This journal article can be ordered from
Access Statistics for this article
Eastern Economic Journal is currently edited by Allan Zebedee and Cynthia Bansak
More articles in Eastern Economic Journal from Palgrave Macmillan, Eastern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().