Intra-Industry Foreign Direct Investment
---- Acknowledgements -----
We thank Rawi Abdelal, Pol Antràs, Gordon Hanson, Steve Redding, Mathew Slaughter, Tony Venables, Lou Wells and participants at the Trade and Investment Workshop at the NBER Summer Institute, Harvard Kennedy School LDP seminar, and AGF workshop at ZEW Mannheim for valuable comments and suggestions. We are grateful to Dun & Bradstreet and Dennis Jacques for helping us with the D&B data set, and HBS and the Centre for Economic Performance at LSE for financial support. We further thank Rodrigo Alegria and Pamela Arellano for excellent research assistance. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.