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World Investment Report 2013

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The article was published on 2013-01-01 and is currently open access. It has received 575 citations till now. The article focuses on the topics: Investment (macroeconomics).

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Governments as owners: State-owned multinational companies

TL;DR: In this article, the authors cross-fertilize the IB and SOEs literatures in their analysis of foreign investment behavior and introduce two arguments: the extraterritoriality argument, which helps explain how the MNC dimension of SOMNCs extends the SOE literature, and the non-business internationalization argument to explain how SOE dimension of SOEs and multinational companies (MNCs) in at least two ways.
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Empirical Tests of the Pollution Haven Hypothesis When Environmental Regulation is Endogenous

TL;DR: In this article, the authors circumvent the lack of a traditional instrument within a model incorporating geographic spillovers utilizing three novel identification strategies, and consistently find evidence of environmental regulation being endogenous, a negative impact of own environmental regulation on inbound FDI in pollution-intensive sectors, particularly when measured by employment, and larger effects of environmental regulations once endogeneity is addressed.
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When manufacturing moves back: Concepts and questions

TL;DR: In this article, a characterization of back-shoring as part of the dynamics of firms' internationalization strategies is offered, and open questions are identified and an agenda for research is proposed.
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Do we need different frameworks to explain infant MNEs from developing countries

TL;DR: In this article, the authors argue that the initial set of firm-specific assets act as an envelope for the early stages of internationalization of multinational enterprises (MNEs) (of whatever nationality) and that there is a threshold level of FSAs that IT must possess for such international expansion to be successful.
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Mergers and acquisitions in and out of emerging economies

TL;DR: In this article, the authors identify the main findings of studies on acquisitions in and out of emerging economies (EE), with a focus on what new insights can be gained and what new research directions are revealed.
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