Showing 1 - 10 of 52
In this paper, we question whether there is a catch-up effect or announcement effect in Foreign Direct Investment (FDI …) from the European Union (EU) to the ten EU accession countries. We study FDI outflows from the Netherlands, a small open … economy with few historical ties to Eastern Europe, and compare FDI in the transition countries in Central and Eastern Europe …
Persistent link: https://www.econbiz.de/10005021821
countries, rather than for its international clients, and on the literature on foreign direct investment (FDI), which emphasizes … significant costs of investment. Using a new detailed data set of non-stationary sector-level outward FDI, this paper finds that … the volume of FDI by home market banks boosts FDI by non-financial firms from the same home market. Domestic and third …
Persistent link: https://www.econbiz.de/10009144150
A new and extensive panel of outward foreign direct investment (FDI) at the sector level is used to estimate the … determinants of non-resource and resource FDI. Since FDI is I(1), we estimate panel errorcorrection models of FDI with spatial lags … for FDI and market potential. Our main result is that subsoil assets boost resource FDI, but crowd out non-resource FDI …
Persistent link: https://www.econbiz.de/10008752199
pressure index depending on various financial capital stocks and flows. We find evidence for a stabilizing effect of FDI and a …
Persistent link: https://www.econbiz.de/10005101820
This paper investigates the relationship between foreign direct investment (FDI) and business cycle synchronization in … with stronger FDI relations during 1995-2010, but that they are mainly associated with stronger trade linkages before 1995 …. More intensive FDI links are also associated with a greater vulnerability to lagged output spillovers from abroad, whereas …
Persistent link: https://www.econbiz.de/10009320976
We test for pollution haven effects in outward foreign direct investment (FDI) for different sectors using a … comprehensive and exhaustive dataset for outward FDI from the Netherlands, one of the most environmentally stringent countries and a … major source of global FDI. Our evidence suggests that in the sectors natural resources extraction and refining …
Persistent link: https://www.econbiz.de/10010585843
Using a new, comprehensive database on bank ownership, identifying also the home country of foreign banks, for 137 countries over the period 1995-2009, this paper provides an overview of foreign bank activity and its impact of financial development and stability. We document substantial...
Persistent link: https://www.econbiz.de/10009390614
This paper develops and tests a theoretical model that allows for the endogenous decision of banks to engage in international and global banking. International banking, where banks raise capital in the home market and lend it abroad, is driven by differences in factor endowments across...
Persistent link: https://www.econbiz.de/10009644843
This paper provides a critical assessment of the costs and benefits of foreign bank ownership. It reviews the extensive literature on the impact of foreign banks and uses a unique database on bank ownership, covering 129 countries, to (re-)examine a number of the issues discussed. It documents...
Persistent link: https://www.econbiz.de/10010607614
There are numerous ways to indicate the degree of banking competition across countries. Antitrust authorities rely on the structure-conduct-performance paradigm while academics prefer price mark-ups (Lerner index) or correlations of input costs with output prices (H-statistic). These measures...
Persistent link: https://www.econbiz.de/10005101793