Showing 1 - 10 of 728
Major output collapses are costly and frequent in the developing world. Using cross-country data, we classify five …
Persistent link: https://www.econbiz.de/10014260077
This paper assesses whether cross-border M&A decisions exhibit network effects. We estimate exponential random graph models (ERGM) and temporal exponential random graph models (TERGM) to evaluate the determinants of cross-country M&A investments at the sectoral level. The results show that...
Persistent link: https://www.econbiz.de/10012843316
Macro statistics on foreign direct investment (FDI) are blurred by offshore centers withenormous inward and outward … investment positions. This paper uses several new datasources, both macro and micro, to estimate the global FDI network while … percent of global FDI. Ignoringphantom investment and allocating real investment to ultimate investors increases …
Persistent link: https://www.econbiz.de/10012843512
Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition … of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies … over the period 1990–2010, the results suggest that FDI outflows negatively impact the rate of domestic investment …
Persistent link: https://www.econbiz.de/10013085137
This paper studies whether FDI firms employ more workers than domestic firms for each dollar of assets. Using the Orbis … per asset than FDI firms. The result remains robust across individual industries in the case study of the United Kingdom …
Persistent link: https://www.econbiz.de/10012836522
In 2009, the United Kingdom changed from a worldwide to a territorial tax system, abolishing dividend taxes on foreign repatriation from many low-tax countries. This paper assesses the causal effect of territorial taxation on real investments, using a unique dataset for multinational affiliates...
Persistent link: https://www.econbiz.de/10012928543
This paper addresses three types of geographical decoupling in foreign direct investment (FDI), i.e., challenges when … using traditional FDI data as a proxy for real economic integration between economies: (i) large bilateral asymmetries … between inward and outward FDI, (ii) the role of special purpose entities (SPEs), and (iii) the effect of moving from …
Persistent link: https://www.econbiz.de/10012929953
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers …
Persistent link: https://www.econbiz.de/10012864126
(MNEs) has become more pressing. Foreign Direct Investment (FDI) statistics, which capture financing aspects of MNEs, have … practice into question. This paper revisits the main objections to the use of FDI as a proxy for multinational production …, explores counterarguments, and provides guidance on the use of FDI statistics to measure multinational production …
Persistent link: https://www.econbiz.de/10014347981
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private consumption has on average become more dependent on...
Persistent link: https://www.econbiz.de/10013082858