Showing 1 - 10 of 211
We recount East Asia’s experience with foreign direct investment (FDI). We document that, contrary to the Rybczynski …-intensive industry to decline. We also present narrative evidence that sheds light on how FDI is affected by the host’s countryâ …€™s locational advantages, whether Asian FDI is footloose, and how the PRC has become the center of Factory Asia. Finally, we show …
Persistent link: https://www.econbiz.de/10009653172
We recount East Asia’s experience with foreign direct investment (FDI). We document that, contrary to the Rybczynski …-intensive industry to decline. We also present narrative evidence that sheds light on how FDI is affected by the host’s countryâ …€™s locational advantages, whether Asian FDI is footloose, and how the PRC has become the center of Factory Asia. Finally, we show …
Persistent link: https://www.econbiz.de/10009653187
instability, and openness, in determining intra-FDI inflows in the ASEAN countries, China, Japan, and Korea. Our empirical results … statistically significant factors that determine regional intra-FDI inflows; other variables such as macroeconomic instability are … that would increase regional openness by 10 percent would increase intra-FDI inflows by almost 2 percent. A regional …
Persistent link: https://www.econbiz.de/10009363447
difference in firm performance by modes of FDI entry. If this is the case, there is no reason to prefer other modes of entry over … FDI entry, on which government tax incentives are based. This paper corrects for this, reclassifying the modes of entry … implication of this result is that there is no logical foundation to provide tax incentives on the basis of mode of FDI entry …
Persistent link: https://www.econbiz.de/10009365135
In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI … whether poor financial market development might be responsible for the relatively low benefits of FDI on growth in China. We … intermediation does indeed limit the transmission of FDI benefits within the Chinese economy. Moreover, the study reveals preliminary …
Persistent link: https://www.econbiz.de/10009365250
This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back to Hans Linneman (1966) and Tinbergen (1962) and its recent applications, particularly by Adams et...
Persistent link: https://www.econbiz.de/10009363461
shift in the pattern of FDI inflow, which had gradually become more favorable to the developing countries. Consequently …, this resulted in an increase in competition among developing countries to attract FDI, resulting in further liberalization …
Persistent link: https://www.econbiz.de/10009365166
We extend Antras and Helpman (2004) on firm heterogeneity and organizational choice to a dynamic setting with FDI … succeeding in FDI increases. We show that a minimum level of infrastructure is required to trigger a first wave of industrial … migration. We then formalize the often noted "magnet effect" of FDI{the first wave of industrial migration generates positive …
Persistent link: https://www.econbiz.de/10009363890
This paper provides an empirical explanation to the observed disparity in cross-border M&A inflows to developing and developed countries over the last two decades. We show two main results. First, the disparity can be attributed to the difference in the quality of institutions between the two...
Persistent link: https://www.econbiz.de/10009363751
Recent theoretical and empirical literature suggests that foreign direct investment (FDI) exerted positive impact on … domestic financial system of the host country is an important pre-condition for FDI to have a positive impact on economic … absorptive capacity of a country with respect to FDI inflows. Particularly, a more developed financial system positively …
Persistent link: https://www.econbiz.de/10009363808