Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/104098 
Erscheinungsjahr: 
2002
Schriftenreihe/Nr.: 
Munich Discussion Paper No. 2002-3
Verlag: 
Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät, München
Zusammenfassung: 
The paper takes a first look at the host and home country effects of German FDI in Eastern Europe (EE) based on new survey data of 1050 investment projects in EE by 420 German multinationals during the 1990s. We find that German investors transfer a substantial amount of financial capital to EE. Furthermore, the most dynamic and innovative segment of the German economy invests in the East which explains why single owned firms dominate as the form of control. We also find strong evidence of vertical FDI suggesting that German cororations are outsourcing a substantial share of their production to EE affiliates to exploit lower wages in the East.
Schlagwörter: 
capital flows
vertical vs. horizontal FDI
corporate governance
globalization
Eastern Enlargement
JEL: 
F15
F21
G32
G34
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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