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Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular political repression boosts FDI hypothesis and arrives...
Persistent link: https://www.econbiz.de/10011397998
Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism multiplier ). To assess the media multiplier, we employ a...
Persistent link: https://www.econbiz.de/10012510008
To understand how global firm networks operate, we need consistent information on their activities, unbiased by their reporting choices. In this paper, we collect a novel dataset on the light that factories emit at night for a large sample of car manufacturing plants. We show that nightlight...
Persistent link: https://www.econbiz.de/10013177119
Geo-political tensions and disruptions to global value chains have led policy makers to re-evaluate their approach to globalisation. Many countries are considering friend-shoring - trading primarily with countries sharing similar values - as a way of minimising exposure to weaponisation of trade...
Persistent link: https://www.econbiz.de/10014450552
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We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk. Using data over the 1971-2005 period, we find that...
Persistent link: https://www.econbiz.de/10008699691
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knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the … individual countries in the course of world development. …
Persistent link: https://www.econbiz.de/10011397182