The Merits of Horizontal versus Vertical FDI in the Presence of Uncertainty
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This paper examines the impact of uncertainty on the profitability of vertical and horizontal foreign direct investment (FDI). Vertical FDI takes place when the multinational fragments the production process internationally, locating each stage of production in the country where it can be done at
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美国国家经济研究局创建时间：
2001-12-01
