Showing 1 - 10 of 341
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Using a novel Hungarian dataset on firms and their Chief Executive Officers (CEOs), we estimate the impact of hiring expatriate CEOs. By examining foreign acquisitions where the new owner replaces the incumbent CEO with an expatriate or a local CEO, we address the selection into both acquisition...
Persistent link: https://www.econbiz.de/10014556622
Open regionalism and integration between the world’s two largest developing countries - the People’s Republic of China (China) and India - in trade, investments and infrastructure development can foster outward-oriented development and economic and social benefits that could result in...
Persistent link: https://www.econbiz.de/10003113285
The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital".
Persistent link: https://www.econbiz.de/10012165988
FDI) and domestically owned (outward FDI). My findings exhibit a clear hierarchy of firms' international activities with …-ante homogeneous workers, heterogeneous firms and search and matching frictions into a multi-region model of trade and FDI with … interplay between trade, FDI and labour market institutions. …
Persistent link: https://www.econbiz.de/10012315942
This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...
Persistent link: https://www.econbiz.de/10011431559
threshold effects of foreign direct investment (FDI) in the relationship between growth and inequality by applying the standard … significantly influenced by a single threshold in FDI: for FDIi>ô, economic growth and inequality can have an inverse relationship …
Persistent link: https://www.econbiz.de/10010531112
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/10009772938
We provide an alternative explanation for the commonly observed FDI in developed countries (DCs) considering a …. Moreover, we show that a multinational sometimes locates its FDI in a DC where, although downstream competition is stronger … less developed, FDI is always welfare-enhancing. …
Persistent link: https://www.econbiz.de/10009707619