Narrow search
Showing 1 - 10 of 250
Cover Image
The Location of Cross-Border Mergers & Acquisitions in the USA
Brakman, Steven - 2015
The research on the location choice for Foreign Direct Investment (FDI) is traditionally restricted to a choice between … considered it is mostly limited to Greenfield investments. The vast majority of FDI, however, takes place in the form of cross …-border Mergers & Acquisitions (M&As), and for this form of FDI (empirical) research on location choice within countries has been …
Persistent link: https://www.econbiz.de/10013023112
Cover Image
Tax Competition : Greenfield Investment Versus Mergers and Acquisitions
Becker, Johannes; Fuest, Clemens - 2021
In this paper, we analyze tax competition in a model where investor firms have the choice between two types of investment, greenfield investment and mergers and acquisitions. We show that the coexistence of these two types of investment intensifies tax competition in comparison to the case where...
Persistent link: https://www.econbiz.de/10013316566
Cover Image
Cross-Border Mergers & Acquisitions : The Facts as a Guide for International Economics
Brakman, Steven; Garretsen, Harry; van Marrewijk, Charles - 2021
and observed empirical characteristics: (i) most FDI is in the form of M&As, (ii) firms engaged in M&As seem to be 'market …
Persistent link: https://www.econbiz.de/10013317375
Cover Image
The Trade and Welfare Effects of Mergers in Space
Egger, Hartmut; Egger, Peter H. - 2021
This paper analyzes the consequences of cross-border mergers in a spatial framework, thereby distinguishing three channels of influence: a price increase due to the elimination of product market competition, an adjustment in plant location which reduces overall transportation cost expenditures,...
Persistent link: https://www.econbiz.de/10013316578
Cover Image
Does Public Governance Always Matter? How Experience of Poor Institutional Quality Influences FDI to the South
Darby, Julia - 2011
direct investment (FDI) in a given host country is moderated significantly, and even in some cases eliminated, when MNEs have …
Persistent link: https://www.econbiz.de/10013131603
Cover Image
Home Bank Intermediation of Foreign Direct Investment
Poelhekke, Steven - 2011
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/10013123798
Cover Image
Preference Bias and Outsourcing to Market : A Steady-State Analysis
Wang, Ping - 2008
We analyze a model that focuses on the export/outsource decision. Outsourcing has the advantage of providing better information about local preferences. The disadvantage is that producing in the host country also means using the inferior technology embodied in the local capital. The decision of...
Persistent link: https://www.econbiz.de/10012772614
Cover Image
Margins of Multinational Labor Substitution
Muendler, Marc-Andreas - 2008
Multinational labor demand responds to wage differentials at the extensive margin, when a multinational enterprise (MNE) expands into foreign locations, and at the intensive margin, when an MNE operates existing affiliates across locations. We derive conditions for parametric and nonparametric...
Persistent link: https://www.econbiz.de/10012774187
Cover Image
In Praise of Tax Havens : International Tax Planning and Foreign Direct Investment
Hong, Qing - 2007
The multinationalization of corporate investment in recent years has given rise to a number of international tax avoidance schemes that may be eroding tax revenues in industrialized countries, but which may also reduce tax burdens on mobile capital and so facilitate investment. Both the welfare...
Persistent link: https://www.econbiz.de/10012777300
Cover Image
The Effect of FDI on Job Separation
Becker, Sascha O. - 2006
performance to vary with foreign direct investment (FDI) and shows that the foreign expansion itself is the dominant explanatory … outward FDI would lead to more domestic worker separations. FDI raises domestic-worker retention more pronouncedly among …
Persistent link: https://www.econbiz.de/10012778928