Narrow search
Showing 1 - 10 of 762
Cover Image
Financial Frictions, Investment, and Institutions
Claessens, Stijn; Ueda, Kenichi; Yafeh, Yishay - C.E.P.R. Discussion Papers - 2010
, which reforms are best? We address this question by empirically investigating the effects of institutions on financial … frictions, institutions affect investment. We find that improved corporate governance (e.g., less severe informational problems …
Persistent link: https://www.econbiz.de/10008784722
Cover Image
The Impact of ISO 9000 Diffusion on Trade and FDI: A New Institutional Analysis
Clougherty, Joseph A.; Grajek, Michal - C.E.P.R. Discussion Papers - 2006
The effects of ISO 9000 diffusion on trade and FDI have gone understudied. We employ panel data reported by OECD … diffusion to have no effect in developed nations, but to positively pull FDI (i.e., enhancing inward FDI) and positively push …
Persistent link: https://www.econbiz.de/10005662290
Cover Image
The Brain Gain of Corporate Boards: A Natural Experiment from China
Giannetti, Mariassunta; Liao, Guanmin; Yu, Xiaoyun - C.E.P.R. Discussion Papers - 2012
We study the impact of directors with foreign experience on firms in emerging markets. To establish causality, we use a unique dataset from China and exploit that at different times, Chinese provinces introduced policies to attract highly talented emigrants. These policies led to an exogenous...
Persistent link: https://www.econbiz.de/10011084604
Cover Image
Foreign Direct Investment and Politics: The Swedish Model
Blomström, Magnus; Kokko, Ari - C.E.P.R. Discussion Papers - 1995
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
Cover Image
Cross-Border Mergers & Acquisitions and the Role of Trade Costs
Görg, Holger; Hijzen, Alexander; Manchin, Miriam - C.E.P.R. Discussion Papers - 2007
Cross-border mergers and acquisitions (M&As) have increased dramatically over the last two decades. This paper analyses the role of trade costs in explaining the increase in the number of cross-border mergers and acquisitions. In particular, we distinguish horizontal and non-horizontal M&As and...
Persistent link: https://www.econbiz.de/10005067607
Cover Image
A Touch of Sophistication: FDI and Unit Values of Exports
Harding, Torfinn; Javorcik, Beata - C.E.P.R. Discussion Papers - 2009
many countries. This study presents evidence suggesting that attracting inflows of FDI offers potential for upgrading a … sectors treated by investment promotion agencies as priority in their efforts to attract FDI. The sample covers 116 countries … over the period 1984-2000. The findings are consistent with a positive effect of FDI on unit values of exports in …
Persistent link: https://www.econbiz.de/10008557016
Cover Image
What Drives International Financial Flows? Politics, Institutions and Other Determinants
Papaioannou, Elias - C.E.P.R. Discussion Papers - 2008
This paper uses a large panel of financial flow data from banks to assess how institutions affect international lending …
Persistent link: https://www.econbiz.de/10005791241
Cover Image
Telecommunications Policies: Determinants and Impact
Gual, Jordi; Trillas, Francesco - C.E.P.R. Discussion Papers - 2004
This Paper presents new data, in the form of several indices, on liberalization policies and the independence of regulators for a cross section of countries. These indices are combined with a comprehensive set of performance, institutional and political data to analyse both the determinants and...
Persistent link: https://www.econbiz.de/10005792195
Cover Image
Does Public Governance Always Matter? How Experience of Poor Institutional Quality Influences FDI to the South
Darby, Julia; Desbordes, Rodolphe; Wooton, Ian - C.E.P.R. Discussion Papers - 2009
direct investment (FDI) in a given host country is moderated significantly, and even in some cases eliminated or reversed … effects of public governance on FDI. …
Persistent link: https://www.econbiz.de/10008567795
Cover Image
Shanghai’s Trade, China’s Growth: Continuity, Recovery, and Change since the Opium War
Keller, Wolfgang; Li, Ben; Shiue, Carol Hua - C.E.P.R. Discussion Papers - 2012
In this paper, we provide aggregate trends in China’s trade performance from the 1840s to the present. Based on historical benchmarks, we argue that China’s recent gains are not exclusively due to the reforms since 1978. Rather, foreign economic activity can be understood by developments...
Persistent link: https://www.econbiz.de/10011084171