Showing 1 - 10 of 672
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
This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...
Persistent link: https://www.econbiz.de/10012271775
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/10009153880
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern … vertical FDI. The market-seeking strategy appears to be more important than factor-proportion related motivations; however, the … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …
Persistent link: https://www.econbiz.de/10010371905
We study the relationship between corporate income taxes and mergers and acquisitions (M&As). To this end, we compile and deploy a dataset consisting of all cross-border and domestic M&A deals for 118 source (acquirer) and 122 destination (target) countries and 84 sectors over the period...
Persistent link: https://www.econbiz.de/10014447773
Legal conflicts between multinational firms and host governments are often decided by international arbitration panels - as opposed to courts in the host country - due to provisions in international investment agreements known as Investor State Dispute Settlements (ISDS). Critics fear that ISDS...
Persistent link: https://www.econbiz.de/10011565569
resorted to empirical analysis in order to gain insights on the elasticity of FDI with respect to company taxation. As a result … empirical evidence. In this paper we extend former meta-analyses on FDI and taxation in three ways. First, we add the most …, we address some important issues in research on FDI and taxation to the clarification of which meta-analysis can make …
Persistent link: https://www.econbiz.de/10003807896
between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force …
Persistent link: https://www.econbiz.de/10003883086
many countries. This study presents evidence suggesting that attracting inflows of FDI offers potential for upgrading a … sectors treated by investment promotion agencies as priority in their efforts to attract FDI. The sample covers 116 countries … over the period 1984-2000. The findings are consistent with a positive effect of FDI on unit values of exports in …
Persistent link: https://www.econbiz.de/10003922581
Foreign direct investment (FDI) in services has grown significantly in recent years. Evidence of spatial relationships … in FDI decisions have been provided for goods manufacturing by utilizing physical distance-based measures of trade costs …. This paper investigates spatial interactions for services FDI using several distance measures, including physical distance …
Persistent link: https://www.econbiz.de/10009307953