Showing 1 - 10 of 14
and the volatility of the main capital flows — foreign direct investment (FDI), portfolio investment, and foreign bank …
Persistent link: https://www.econbiz.de/10005755227
empirically. More specifically, we use state-level German data to answer the question whether and how migration and FDI decisions … and thus integration of labor and capital markets are linked. Our findings suggest that FDI and migration have similar … and trade in goods. From a theoretical point of view, the interaction between the different channels of integration can …
Persistent link: https://www.econbiz.de/10005818795
the period 1989-2002. We find that German outward FDI increases in response to positive cyclical developments abroad and …
Persistent link: https://www.econbiz.de/10010887024
countries over the last decades are consistent with tougher international competition for foreign direct investment (FDI). To … make this point we develop a model in which governments compete for FDI using corporate tax rates and tax bases. The model …’s predictions regarding the slope of policy reaction functions and the response of equilibrium tax parameters to trade costs and …
Persistent link: https://www.econbiz.de/10009317920
firm will export or import. Foreign ownership has a large positive impact on the likelihood to engage in direct trade but a … negative effect on the likelihood to trade through intermediaries; the effects vary across upper and lower middle income …
Persistent link: https://www.econbiz.de/10010886876
We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports and take this model to data from Germany, one...
Persistent link: https://www.econbiz.de/10010886982
the abolition of capital controls seem to have exerted a greater influence on foreign assets than on FDI of German banks …
Persistent link: https://www.econbiz.de/10005755142
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10005700636
. Investment policies that merely focus on promoting larger shares of locally sourced inputs might fail to get the most of FDI …
Persistent link: https://www.econbiz.de/10011208174
We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The … identify two possible transmission channels from financial shocks to FDI: (i) a collateral channel, whereby changes in the …
Persistent link: https://www.econbiz.de/10011208175