-constructed dataset we find a positive association between bilateral FDI stock and both gross bilateral trade and the bilateral import … global perspective stand out both in terms of degree of global value chain-participation and size of inward FDI stock …

This paper investigates the role of economic structures as determinants of FDI inflows. We expand on the existing … literature by focusing on advanced economies, using a newly available measure of FDI which cleans the data from statistical … structures to FDI inflows. These results are robust to various economic specifications and are confirmed when restricting our …

This paper presents empirical evidence of the effect of FDI inflows on productivity convergence in central and eastern …, both at the country and at the industry level. Second, FDI inflow plays an important role in accounting for productivity … growth. Third, the impact of FDI on productivity critically depends on the absorptive capacity of recipient countries and …

In this paper we investigate the impact of the euro integration process on the drivers of FDI inflows. We show … theoretically and empirically that the single currency alters the drivers of FDI inflows across its Member States. Estimating … bilateral gravity models of FDI inflows into euro area countries, we show that the euro facilitates intra-euro area vertical FDI …

accounts. This paper uses static and dynamic panel techniques to assess the effect of FDI, foreign loans and portfolio flows on … investment. For countries with less developed financial markets and weaker institutions, our estimates for the FDI coefficient … are larger than one, suggesting FDI stimulates investment in other sectors of the economy (spillover effects). Over the …

We analyze the interlinkages between foreign direct investment (FDI) and foreign portfolio investment (FPI) between … of FDI. Second, we show that foreign and the home stock market returns explain the variation of the growth rate of the … other words, FDI transactions measured by fitted growth rates of the stock of FDI help explaining current growth rates of …

– FDI, portfolio equity securities, debt securities as well as loans – for a broad set of 77 countries, we show that such a … particular FDI, and to some extent also loans, are substantially more sensitive to information frictions than investment in … portfolio equity and debt securities. We also show that the share as well as the size of FDI that a country receive are largely …