Assuming linear demand and unit transportation cost, Head and Ries (2003, 'Heterogeneity and the FDI versus export decision of Japanese manufacturers', Journal of the Japanese and International Economies) conclude that the theoretical prediction of Helpman et al. (2004, 'Export versus FDI with...

This paper investigates how foreign direct investment (FDI) and its interaction with business start-up regulations affect entrepreneurship in a sample of African countries. Preliminary findings obtained from longitudinal data analysis suggest that the complementarity between FDI and...

This paper broadens the scope of Foreign Direct Investment (FDI) models by deriving a gravity equation for foreign re-investment. Re-investments in foreign subsidiaries are an equally frequent and unstudied phenomenon in international economics. However, previous empirical studies estimate a...

This paper employs a panel econometric model, and takes the horizontal and vertical FDI approach into account in the same empirical specification to scrutinize the determinants of FDI outflows from the selected EU countries at the industry level. We show that both cost related factors and...

Unemployment is present in many developing countries. Thus, the government of a country that suffers from chronic unemployment often wants to emigrate some workers to foreign countries. This paper investigates whether such a policy is successful for reducing domestic unemployment.

This paper will investigate the Granger causality between outward Foreign Direct Investment (FDI) and the exports of goods and services in 11 European countries from 1996 to 2008. Using a new method to evaluate causality in a heterogeneous panel, we find that the causal relationship from FDI to...

The paper sets out a simple growth model that assumes imperfect substitutability between immigrants and native workers and posits technological progress as a necessary by-product of the migration process. The paper explores a much-neglected topic of the long-run impact of immigration on a...

This paper examines the recent interactive relationships between crude oil prices and stock performances of alternative energy companies. Oil prices and stock index of alternative energy sector are found independent from each other before late 2006. Contrary to existing studies, however, we find...

We examine the relationship between source-destination country cultural differences and international migration flows using data for three immigrant destination countries (i.e., Denmark, Germany, and the Netherlands) and a cohort of 66 heterogeneous immigrant source countries during the years...

We introduce bidding costs into a standard model of tax/subsidy competition between two potential host countries to attract the plant of a monopoly firm. Such a bidding cost, even if it is infinitesimal, qualitatively alters the resulting equilibrium. At most one country offers fiscal...