Title: Foreign Direct Investment and the Performance of European Agribusiness Firms
Abstract: Journal of Agricultural EconomicsVolume 62, Issue 3 p. 639-654 Foreign Direct Investment and the Performance of European Agribusiness Firms Lucie Adenaeuer, Lucie AdenaeuerSearch for more papers by this authorThomas Heckelei, Thomas Heckelei Lucie Adenaeuer is at the Institute for Food and Resource Economics at the University of Bonn, Germany. E-mail: [email protected] for correspondence. Thomas Heckelei is also at the Institute for Food and Resource Economics at the University of Bonn, Germany. The authors thank two anonymous reviewers for their helpful comments on an earlier draft of this article.Search for more papers by this author Lucie Adenaeuer, Lucie AdenaeuerSearch for more papers by this authorThomas Heckelei, Thomas Heckelei Lucie Adenaeuer is at the Institute for Food and Resource Economics at the University of Bonn, Germany. E-mail: [email protected] for correspondence. Thomas Heckelei is also at the Institute for Food and Resource Economics at the University of Bonn, Germany. The authors thank two anonymous reviewers for their helpful comments on an earlier draft of this article.Search for more papers by this author First published: 15 April 2011 https://doi.org/10.1111/j.1477-9552.2011.00300.xCitations: 8 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Abstract This article analyses the relationship between foreign direct investment and the performance of European agribusiness firms. Motivated by the role of heterogeneous firms in new trade theory and using a firm-level dataset, statistical analyses identify key differences between firms investing in foreign economies and those that do not. A binary choice model quantifies the relationship between firm characteristics and the decision to engage in foreign investment. Size and – less strongly – productivity are greater for multinationals relative to domestic firms. Furthermore, European multinationals are characterised by a larger debt to equity ratio and show lower labour and input costs. Citing Literature Volume62, Issue3September 2011Pages 639-654 RelatedInformation
Publication Year: 2011
Publication Date: 2011-04-15
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 15
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