Showing 1 - 9 of 9
As, in Europe, many institutional reforms have been undertaken to establish an economic union, it can be expected that the relevance of borders has decreased over time. For the EU 15, we investigate the expected integration process of the market for corporate control – an illustrative market...
Persistent link: https://www.econbiz.de/10003986833
This study investigates the determinants of adjustments in the provision of cross-border loans by internationally active banks. For the period from 2002 to 2010, we look at quarterly transaction data (excluding valuation effects) on long-term loans issued by the largest 69 German banking groups...
Persistent link: https://www.econbiz.de/10009424952
One key focus of the on-going debate on the integration of international financial markets have been measures to lengthen the maturity of foreign debt, as short-term debt is typically considered to be highly volatile. The transition economies of Central and Eastern Europe are one group of...
Persistent link: https://www.econbiz.de/10011431146
Persistent link: https://www.econbiz.de/10001998057
model of multinational firms facing real and financial barriers to foreign direct investment (FDI), and we analyze their … impact on the FDI decision (the extensive margin) and foreign affiliate sales (the intensive margin). We provide empirical …
Persistent link: https://www.econbiz.de/10003884917
sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack … access to external finance on firms’ choices to export or to engage in FDI. We simultaneously model a firm’s decision to … engage in FDI and in exports, and we assess the importance of financial factors for this choice (the extensive margin) as …
Persistent link: https://www.econbiz.de/10003943667
Persistent link: https://www.econbiz.de/10002825845
Persistent link: https://www.econbiz.de/10001999181
the years 1990-2000 to describe the regional and sectoral patterns of German FDI through gravity-type equations. We … provide evidence on the patterns of FDI by sector, by size of the foreign affiliate, and by the number of affiliates per host … country. While market size and geographic distance have a significant impact on FDI stocks, we also find differences in the …
Persistent link: https://www.econbiz.de/10011432062