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dc.contributor.authorAsiedu, Elizabeth
dc.contributor.authorEsfahani, Hadi Salehi
dc.date.accessioned2015-01-23T18:16:43Z
dc.date.available2015-01-23T18:16:43Z
dc.date.issued2001-03-13
dc.identifier.citationAsiedu, Elizabeth; Esfahani, Hadi Salehi. (2001). "Ownership Structure in Foreign Direct Investment Projects." Review of Economics and Statistics, 83(4):647-662. http://www.dx.doi.org/10.1162/003465301753237731en_US
dc.identifier.issn0034-6535
dc.identifier.urihttp://hdl.handle.net/1808/16360
dc.descriptionThis is the publisher's version, also available electronically from http://www.mitpressjournals.org/doi/abs/10.1162/003465301753237731#.VMKObnvGp40.en_US
dc.description.abstractThis paper theoretically and empirically examines ownership structure in foreign direct investment (FDI) projects. We show that in choosing an ownership structure, foreign investors, local entrepreneurs, and government consider the specific, costly-to-market assets that the participants and the country bring to the project. In equilibrium, the foreign equity share rises with the importance of foreign investor assets and declines with the contribution of local assets towards the amount of surplus generated in the project. Government policies and the institutional structure of the country also affect ownership structure.en_US
dc.publisherMassachusetts Institute of Technology Pressen_US
dc.titleOwnership Structure in Foreign Direct Investment Projectsen_US
dc.typeArticle
kusw.kuauthorAsiedu, Elizabeth
kusw.kudepartmentEconomicsen_US
dc.identifier.doi10.1162/003465301753237731
kusw.oaversionScholarly/refereed, publisher version
kusw.oapolicyThis item does not meet KU Open Access policy criteria.
dc.rights.accessrightsopenAccess


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