Showing 1 - 10 of 79
than log-linear models to specify "normal" FDI and obtain estimates of unexhausted FDI potentials. I use panel data on …
Persistent link: https://www.econbiz.de/10008477133
Die vorliegende Studie untersucht die internationale Expansion der Pharmaindustrie in Österreich und stellt diese in den Kontext der zunehmenden weltwirtschaftlichen Verflech-tungen. Die Pharmaindustrie in Österreich besteht einerseits aus den Filialen einiger inter-national tätiger...
Persistent link: https://www.econbiz.de/10010856814
. Based on OeNB data we have found no indication for Austrian FDI expanding outside Europe. We only observe a shift of new FDI … missed. Looking at the relationship between FDI growth on one hand and labour productivity, capital productivity and … of Austrian outward FDI. As a conclusion of the analysis in this paper, policy may have two tasks. One is to encourage …
Persistent link: https://www.econbiz.de/10008477147
Empirical studies analysing productivity effects of inward FDI in Latin America (LA) are inconclusive. We argue that … investigating aggregate FDI masks interesting effects of FDI that take place within and across sectors. Moreover, the potential of … FDI to generate productivity effects differs across sectors. For these reasons and because sectoral FDI intensities vary …
Persistent link: https://www.econbiz.de/10008643793
Recent events emphasize the role of cross-border linkages between banking systems in transmitting local developments across national borders. This paper analyzes whether international linkages in interbank markets affect the stability of interconnected banking systems and channel financial...
Persistent link: https://www.econbiz.de/10010856799
This paper analyzes the influence of financial integration on institutional quality. We construct a dynamic political-economic model of an autocracy in which a ruling elite uses its political power to expropriate the general population. Although financial integration reduces capital costs for...
Persistent link: https://www.econbiz.de/10008560023
The present paper investigates the link between exports and the outward FDI stock using a panel of industries and seven …, and Rosen (1988). Estimates using system GMM estimators show that exports cause FDI but not vice versa. The long …-run elasticity of the outward FDI stock with respect to exports is 0.78 and highly significant. Separate estimates by destination …
Persistent link: https://www.econbiz.de/10008477141
-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration … efficiency decline within other firms (losses from domestic input availability). At the same time, FDI integration of input …
Persistent link: https://www.econbiz.de/10011220347
The present paper aims to test the impact of incoming Foreign Direct Investment (FDI) on local wages in the Italian …
Persistent link: https://www.econbiz.de/10010856785
, according to the OLI paradigm of FDI, determine foreign R&D. We found that the patterns of the four clusters systematically … sensible to take policy actions supporting the economy to capitalise even more on outward FDI in R&D. Policy basically should …
Persistent link: https://www.econbiz.de/10005357631