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In this paper we analyze the link between corruption money laundering and round-trip investment via offshore … investors in Russia. We further study the determinants of the fraction of round-trip investment in total foreign investment in … counterparts and the fraction of round-trip investment is also significantly higher in corrupt regions. Taking into account that a …
Persistent link: https://www.econbiz.de/10010969415
sovereign bond data. Finally, we link our political risk spreads to foreign direct investment. We show that a one percent point … reduction in the political risk spread is associated with a 12 percent increase in net-inflows of foreign direct investment. …
Persistent link: https://www.econbiz.de/10010951038
This paper applies a novel empirical approach to characterising the horizontal-ness and vertical-ness of affiliates based on Yeaple's complex FDI concept. In its simplest form, horizontal-ness is measured as affiliates' local sales share while their vertical-ness is measures as their share of...
Persistent link: https://www.econbiz.de/10011271363
Employment at multinational enterprises (MNEs) responds to wages at the extensive margin, when an MNE enters a foreign location, and at the intensive margin, when an MNE operates existing affiliates. We present an MNE model and conditions for parametric and nonparametric identification. Prior...
Persistent link: https://www.econbiz.de/10005248690
We explore the relation between international financial integration and the level of entrepreneurial activity in a country. We use a unique firm level data set of approximately 24 million firms in nearly 100 countries in 2004 and 1999, which enables us to present both cross-country and industry...
Persistent link: https://www.econbiz.de/10005248756
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009321289
investment goods. While the goal of the experiment was to encourage upgrading of technology, our results suggest that there was … no evident increase overall in fixed investment, and employment fell significantly in the treated provinces and sectors …
Persistent link: https://www.econbiz.de/10009325535
Bilateral tax treaties (BTT) are intended to promote foreign direct investment and foreign affiliate activity through … separately estimate the impacts of double-taxation relief and sharing of tax information on investment behavior of US …
Persistent link: https://www.econbiz.de/10009328101
Revolutionary transformations of industry and trade occurred from 1985 to the late-1990s - the regionalisation of supply chains. Before 1985, successful industrialisation meant building a domestic supply chain. Today, industrialisers join supply chains and grow rapidly because offshored...
Persistent link: https://www.econbiz.de/10009403424
Sweden. Within host countries, foreign- owned firms almost always pay higher wages than domestically- owned firms. It is not …
Persistent link: https://www.econbiz.de/10005714163