We quantify the impact of barriers to international investment, using a novel multi-country dynamic general equilibrium … asset positions. We estimate this gravity equation using recently developed foreign investment data that have been restated … to account for offshore investment and financing vehicles. We show that a parsimonious implementation of the model with …

different types of international investment flows. A society's cultural orientation toward egalitarianism is manifested by … influence of egalitarianism distance on cross-national investment flows of bond and equity issuances, syndicated loans, and … its effect on international investment via an associated set of consistent contemporary policy choices. But even after …

This paper first discusses the trade and investment development between China and Africa; the sound development of … bilateral trade and investment between both sides will only be guaranteed in the legal framework. Then the article analyses the … investment. Finally the author puts forward some suggestions for the legal exchange between China and Africa …

investment project duration. A complete markets model with diminishing returns to capital predicts positive cross … develop a model that distinguishes foreign direct investment (FDI) in new projects from portfolio equity. The model suggests …

We examine the neoclassical investment model using a panel of U.S. manufacturing firms. The standard model with no … for firms with low (pre-sample) payouts (firms we expect to face financing constraints). Hem, investment is sensitive to … both firm cash flow and macroeconomic credit conditions, holding constant investment opportunities. Sample splits based on …

We examine how firm and country heterogeneity shape the response of corporate investment in emerging markets to changes … the costs of external borrowing and (ii) a real options channel-reflecting firms' option values to delay investment. We … find evidence of the coexistence of both channels. Financially weaker firms reduce investment by more in response to higher …

This paper investigates the relation between corporate political connections and government investment. We study … unconnected firms. Overall, we show that connections between firms and regulators are associated with distortions in investment …

cross-border investment. Spillovers from statutory tax rates abroad seem: As sizable as effects from the host's rate; larger … shifting through real investment (rather than 'paper' profit shifting). Contrary to much policy discussion, the results also … imply that: Host countries' marginal effective tax rates have at best a weak effect on real investment; those elsewhere have …