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Outward FDI and the investment development path of a late-industrializing economy : evidence from Ireland

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dc.creator Barry, Frank
dc.creator Görg, Holger
dc.creator MacDowell, Andrew
dc.date 2003
dc.date.accessioned 2013-10-16T06:16:32Z
dc.date.available 2013-10-16T06:16:32Z
dc.date.issued 2013-10-16
dc.identifier Regional studies 0034-3404 37 2003 4 341-349
dc.identifier doi:10.1080/0034340032000074389
dc.identifier http://hdl.handle.net/10419/3140
dc.identifier ppn:378730541
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3140
dc.description Outward FDI and the investment development path of a late-industrializing economy: evidence from Ireland, Reg. Studies 37, 341-349. The Investment Development Path (IDP) hypothesis holds that a country's net outward direct investment position is systematically related to its level of economic development. Ireland is an interesting test case because of the importance of inward foreign direct investment (FDI) over the last three decades and the recent increase in outward FDI by Irish-owned multinationals. We find empirical support for the IDP concept for the Irish case. Our sectoral analysis suggests that Ireland's outward FDI flows are disproportionately horizontal and oriented towards non-internationally-tradable sectors. Also, the firm-specific assets of Irish multinationals lie neither in R&D nor in the type of product differentiation associated with high advertising expenditures.
dc.language eng
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Direktinvestition
dc.subject Irland
dc.title Outward FDI and the investment development path of a late-industrializing economy : evidence from Ireland
dc.type doc-type:article


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