Showing 1 - 10 of 15
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
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
be expected to have some impact on the kinds of spillovers different kinds of foreign direct investment (FDI) projects …
Persistent link: https://www.econbiz.de/10005644849
knowledge, and political decision-making in the home country. The main conclusion is that outward FDI is beneficial to the … effects (particularly on the balance-of-payments) has at times motivated restrictions on FDI. The final part of the paper … which may, at least in theory, provide an alternative to inward FDI as a source of technology for the more advanced …
Persistent link: https://www.econbiz.de/10005644858
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
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
We investigate the roles of productivity and the specificity of inputs for the international sourcing strategy of firms which are part of a multinational network. We present a framework in which firms decide to import from a foreign independent supplier or from their related party abroad...
Persistent link: https://www.econbiz.de/10009365648
This paper uses micro-data on balance sheets, trade, and the nationality of ownership of firms in France to investigate the effect of foreign multinationals on business cycle comovement. We first show that foreign affiliates, which represent a tiny fraction of all firms, are responsible for a...
Persistent link: https://www.econbiz.de/10011083368