Hidden Bibliographic Details
| Other authors / contributors: | Méjean, Isabelle, author.
Nefussi, Benjamin, author.
International Monetary Fund. Research Department, issuing body.
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| ISBN: | 9781452776286
1452776288
146230429X
9781462304295
9786612845307
6612845309
1451962347
9781451962345
1282845306
9781282845305
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| Digital file characteristics: | text file
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| Notes: | Title from PDF title page (IMF Web site, viewed February 25, 2010).
At head of title: Research Department.
"January 2010."
Includes bibliographical references (pages 29-31).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2011 HathiTrust Digital Library committed to preserve
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| Summary: | Economists interested in location choices usually focus their attention on investments abroad. This neglects the fact that multinational enterprises continue to invest domestically while undertaking foreign expansion. This paper compares investments at home and abroad. Our firm-level dataset shows an important home bias in productive investments. Part of this "excessive" domestic investment is explained by standard determinants of location choices. The interdependence between affiliates of the same industrial group however accounts for the lion's share of the home bias. Moreover, French firms' propensity to invest abroad is positively related to their productivity and the size of their intangible assets
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| Other form: | Print version: Mayer, Thierry. Location of domestic and foreign production affiliates by French multinational firms. [Washington, D.C.] : International Monetary Fund, ©2010
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