Showing 1 - 10 of 42
Foreign direct investment (FDI) may benefit local firms in the host country through various kinds of spillovers, but it … 2001–2008, this paper examines the aggregate effect of FDI on the survival of domestic private firms in Viet Nam. We … estimate the impact of both horizontal and vertical FDI and explore how the presence of state-owned enterprises (SOEs …
Persistent link: https://www.econbiz.de/10011009745
Sweden is home to a remarkably large number of prosperous multinationals. We argue that this is partly the result of industrial policies that have been biased in favour of large firms, and partly the result of an institutional setting where regulations and controls have facilitated investment...
Persistent link: https://www.econbiz.de/10005123621
This paper examines spillover effects of the activities of multinational firms (MNCs). Such effects are most likely to be found in host countries, where the operations of foreign multinationals may influence local firms in the MNC’s own industry as well as firms in other industries. There is...
Persistent link: https://www.econbiz.de/10005497921
inward FDI. In order to do so, we outline a theoretical framework for understanding the underlying 'supply' and 'demand …' forces determining the scope and magnitude of FDI spillovers to host economies. The findings suggest that the competitiveness …
Persistent link: https://www.econbiz.de/10005661825
We explore the relation between international financial integration and the level of entrepreneurial activity in a country. We use a unique firm level data set of approximately 24 million firms in nearly 100 countries in 2004 and 1999, which enables us to present both cross-country and industry...
Persistent link: https://www.econbiz.de/10005248756
the home country effects of FDI are, to a large extent, determined by the home country’s economic environment. …
Persistent link: https://www.econbiz.de/10005504266
affect inward and outward foreign direct investment (FDI) flows in the integrating region. After setting up a conceptual …, the findings suggest that the most positive impact on FDI has occurred when regional integration agreements have coincided …
Persistent link: https://www.econbiz.de/10005661806
Foreign direct investment (FDI) is an integral part of national development strategy throughout the developing world …. However, while traditionally strategies have focused on the role of inward flows only, today, outward FDI is used on a larger … analysis of OFDI from emerging economies. It provides a picture of how the role of FDI in development has changed over time and …
Persistent link: https://www.econbiz.de/10010669699
We examine the empirical role of different explanations for the lack of flows of capital from rich to poor countries the "Lucas Paradox." The theoretical explanations include differences in fundamentals across countries and capital market imperfections. We show that during 1970-2000 low...
Persistent link: https://www.econbiz.de/10005084924
The paper presents new stylized facts on the direction of capital flows. We find (i) international capital flows net of government debt and/or official aid are positively correlated with growth; (ii) sovereign debt flows are negatively correlated with growth only if debt is financed by another...
Persistent link: https://www.econbiz.de/10009364326