Canadian foreign direct investment in the United States by type: mergers and acquisitions, greenfield, real estate, joint ventures and investment increases.
This paper provides an overview of Canadian foreign direct investment (FDI) in the United States by type. Mergers and acquisitions (M&As), greenfield investments, joint ventures, real estate purchases and increases to existing investments are compared spatially, through time (using a data set that c...
| Publicado en: | Canadian Geographer Vol. 45; no. 4; pp. 513 - 528 |
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| Autor principal: | |
| Formato: | Artículo |
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Wiley-Blackwell
Winter 2001
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510216319&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510216319 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00083658 CGE jtl: Canadian Geographer issn: 00083658 maglogo: N pubinfo: dt: Winter 2001 vid: 45 iid: 4 pid: 480 pub: Wiley-Blackwell artinfo: ui: 510216319 10.1111/j.1541-0064.2001.tb01499.x ppf: 513 ppct: 15 formats: fmt: – @attributes: type: T – @attributes: type: P size: 2.9MB tig: atl: Canadian foreign direct investment in the United States by type: mergers and acquisitions, greenfield, real estate, joint ventures and investment increases. aug: au: Meyer, Stephen P. su: United States economy Canadian investments United States sug: subj: United States United States economy Canadian investments ab: This paper provides an overview of Canadian foreign direct investment (FDI) in the United States by type. Mergers and acquisitions (M&As), greenfield investments, joint ventures, real estate purchases and increases to existing investments are compared spatially, through time (using a data set that consists of transactions from 1977 to 1994) and by industrial classification. Over this study's time-frame, direct investors from Canada were most likely to perform a real estate or M&A transaction in the United States (and least likely to be involved in a joint venture). The most consequential years for real estate purchases were the 1970s and early 1980s; whereas M&A and greenfield transactions have gained in proportionate importance through time. M&As, greenfield and investment increases were most often enumerated as manufacturing transactions, but mining and consumer and business services were also very common. A series of bivariate regression models established that growing state economies significantly increased M&A, real estate, greenfield and investment increase activity from Canada. Relative regional specializations (as given by location quotients) provided additional spatial information. M&As formed a pattern of specialization that emphasized the Great Lakes region and also the central portion of the US (roughly following the Mississippi River). Greenfield and investment increase transactions favoured states along the east coast and those adjacent to the Canada-US border. Real estate investors were most attracted to the US south and extreme west. Cet article présente un aper̨cu par catégories des investissements directs du Canada aux États-Unis. On compare, selon l'approche de la classification industrielle, les fusions et les acquisitions díentreprises, les investissements fonciers, les entreprises communes, les achats dans le domaine de líimmobilier et la croissance des investissements existants. La période díobservation va de 1977 à 1994. Au cours de la période étudiée, les investissements directs faits à partir du Canada concernaient soit líimmobilier soit les fusions (moins concernées par les entreprises communes). Les années 1970 et 1980 ont été les plus propices aux investissements immobiliers; les fusions et les acquisitions díentreprises ont connu pour leur part une croissance remarquable au cours de la même période. Les fusions, les acquisitions díentreprises et les investissements fonciers ont souvent été mentionnées comme transactions liées aux industries manufacturières; il faut cependant inclure à cette énumération, le secteur des mines, de la consommation et des services. Le modèle díanalyse bivariée régressive appliqué à la situation économique canadienne indique que la croissance économique favorise de fącon significative les fusions, les acquisitions díentreprises et les investissements fonciers et autres. Les spécialisations régionales relatives (telles quíindiquées par le quotient de localisation) apportent un supplément díinformations spatiales. Les fusions et les acquisitions díentreprises représentent une schéma de spécialisation distinctive de Grands Lacs et díune partie du Centre des États-Unis (centrée sur la valiée du Mississipi). Les transactions en rapport avec les investissements fonciers caractérisent les états de la côte est et ceux proches de la frontière canado-américaine. Les investissements immobiliers ont surtout été effectués dans le sud et líouest des États-Unis. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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