Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/30042 
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dc.contributor.authorMühlen, Henningen
dc.contributor.authorNunnenkamp, Peteren
dc.date.accessioned2010-02-10-
dc.date.accessioned2010-02-26T13:28:11Z-
dc.date.available2010-02-26T13:28:11Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/30042-
dc.description.abstractTheoretical considerations suggest that the option of waiting under conditions of uncertainty affects the relative importance of firm-level productivity and distance-related transaction costs as driving forces of FDI. Yet the timing of FDI has received little attention in the empirical literature on FDI determinants. To help close this gap we analyze FDI decisions by German firms with and without affiliates in the Czech Republic at different stages of transition. We find that FDI entry strongly depends on firm productivity immediately after the political and economic regime change, but less so with diminishing uncertainty. Likewise, distance-related transaction costs discourage FDI by latecomers considerably less than FDI by early movers.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1571en
dc.subject.jelF23en
dc.subject.ddc330en
dc.subject.keywordMultinational enterprisesen
dc.subject.keywordfirm-level productivityen
dc.subject.keyworddistanceen
dc.subject.keywordtiming of FDIen
dc.subject.stwDirektinvestitionen
dc.subject.stwZeiten
dc.subject.stwMultinationales Unternehmenen
dc.subject.stwDeutschen
dc.subject.stwInternationale Markteintrittsstrategieen
dc.subject.stwProduktivitäten
dc.subject.stwEntfernungen
dc.subject.stwTransaktionskostenen
dc.subject.stwDeutschlanden
dc.subject.stwTschechische Republiken
dc.titleFDI by early movers, followers and latecomers: timing of entry by German firms during transition in the Czech Republic-
dc.typeWorking Paperen
dc.identifier.ppn618322868en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1571en

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