Showing 1 - 10 of 108
A key issue in arbitration, which resolves disputes among parties, involves the procedure for selecting an arbitrator …
Persistent link: https://www.econbiz.de/10009399707
The great majority of international contracts provide for arbitration in the event of dispute. Legal scholars argue … that international arbitration is causing the development of a legal doctrine attuned to the needs of business and … independent of national laws. This paper studies international arbitration as a prime example of private trade shaping …
Persistent link: https://www.econbiz.de/10005504547
This paper examines two broad issues related to foreign investment by Swedish multinational corporations (MNCs): first, the effects of outward foreign direct investment on domestic investment, exports and employment, and second, the effects on the domestic economy from the increasing division of...
Persistent link: https://www.econbiz.de/10005666957
This Paper studies the financing of enterprise investment in listed Hungarian firms during the first years of transition. These firms were selected for listing on the exchange and presumably had better access to external capital. In particular, we look for evidence of financial constraints that...
Persistent link: https://www.econbiz.de/10005791387
The countries of Central and Eastern Europe have displayed widely disparate trade performance since the beginning of the transition. The Czech Republic and Hungary have had some success moving into the production and export of more technologically-sophisticated, higher value-added goods, while...
Persistent link: https://www.econbiz.de/10005123672
This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Central and Eastern Europe, Bulgaria, Romania and Poland. To this end a unique firm level panel data...
Persistent link: https://www.econbiz.de/10005124164
This Paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literature – the role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals. We review...
Persistent link: https://www.econbiz.de/10005124197
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
Countries with strong executive constraints have lower growth volatility but similar average growth to those with weak constraints. This paper argues that this may explain a strong reduced-form correlation between executive constraints and inflows of foreign investment. It uses a novel dataset...
Persistent link: https://www.econbiz.de/10011145416
Firm-level data for the Czech Republic during 1992–6 suggest that foreign investment has tended to flow to firms of above average size, initial profitability and initial labour productivity. After controlling for this selection bias, we find that foreign investment has a positive, but...
Persistent link: https://www.econbiz.de/10005114387