Reexamining foreign direct investment (FDI) as a potential channel for knowledge diffusion -- based on industry data … from seventeen OECD countries during the period 1973-2000 -- we find that FDI-receiving countries benefit strongly from FDI …-related knowledge spillovers. We do not find evidence for positive FDI-related technology sourcing effects. Instead, our results suggest …

country and industry levels and generally concentrate on overall FDI flows without distinguishing among different modes of FDI …. Empirical studies focusing on aggregated inward and outward FDI flows, especially at the country level, implicitly assume that … the same factors motivate all modes of FDI. To the extent that this is not the case, many empirical studies of overall FDI …

and performance of firms, we find that: i) corruption reduces FDI inflows and attracts lower quality investment in terms … of governance standards; ii) in misgoverned settings, FDI firms may magnify the problems of state capture and procurement … kickbacks, while paying a lower overall bribe burden than domestic firms; iii) FDI firms undertake those forms of corruption …

participated in the convergence phenomenon, Ireland, also neutral but democratic, was not able to converge to the developed world …. Since 1973, with petroleum crashes, the process of growth has slowed down in Europe, but it was only after 1985 that Ireland …

participated in the convergence phenomenon, Ireland, also neutral but democratic, was not able to converge to the developed world …. Since 1973, with petroleum crashes, the process of growth has slowed down in Europe, but it was only after 1985 that Ireland …

Republic, Hungary and Poland during the period August 1997 – May 2001. I find that neither exchange rates nor interest rates …

A 2002 survey of 1089 Czechs and 501 Slovaks, as well as a more limited survey of Hungary, and Poland, indicates that …

We analyze empirically whether the emergence of China as a large recipient of FDI has affected the amount of FDI … find a substitution from Latin American inward FDI to China, when other relevant factors are taken into account. However …, concentrating on the last few years (from 1995 to 2001), when FDI boomed worldwide and negotiations for China’s WTO membership …