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Title: Monitoring Costs and the Mode of International Investment
Authors: 林祖嘉
Lin, Chu-Chia S;Png, Ivan
Date: 2003
Issue Date: 2009-10-11 12:38:25 (UTC+8)
Abstract: Our central proposition is that monitoring costs increase with physical distance, and hence, direct investments located further from the foreign investor's home base should be more likely formed as joint ventures. Tests on a data set of Taiwanese direct investments in Mainland China provide robust support to the hypothesis. A project that was located 1000 kilometers further away was 13-17% more likely to be formed as a joint venture. [PUBLICATION ABSTRACT]
Relation: Journal of Economic Geography,3(3),261-274
Data Type: article
DOI 連結:
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