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Persistent link: https://www.econbiz.de/10009726541
The substantial increase in foreign direct investment (FDI) in recent years has triggered a discussion of a uniform … treatment of investment in international law. Most contributions to the multilateral investment framework derive from the World … restrict their focus on investment to aspects related to international trade and often apply to selected sectors only. A …
Persistent link: https://www.econbiz.de/10014399606
Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition …, it is important to assess how domestic investment responds to such outflows. This study empirically examines the effects … of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies …
Persistent link: https://www.econbiz.de/10014395382
This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment … econometric evidence indicates that the rate of private investment is positively related to the real growth rate of GDP, public … sector investment, and to a lesser extent the level of per capita GDP, while it is negatively related to domestic inflation …
Persistent link: https://www.econbiz.de/10014395767
rates of FDI as well as domestic capital formation. This ""investment hunger"" can lead to unanticipated declines in the … returns to investment, and resulting financial insolvencies. Private consumption remains low and there are concerns that high …
Persistent link: https://www.econbiz.de/10014401067
Greece's investment rate plunged following the Sovereign Debt Crisis (SDC) and remained one of the lowest in the world … in 2019. This paper explores recent investment dynamics and compares them against estimated benchmarks. Our results … suggest that Greece has been under-investing since the SDC, with private investment notably lagging behind. The estimated …
Persistent link: https://www.econbiz.de/10013170315
In this paper I apply firm-level analysis to examine how the Brexit process has affected business investment in the UK … had a considerable and statistically significant negative impact on firm investment in the UK after the referendum. At the … same time, the post-referendum sterling depreciation has likely contributed positively to investment expenditure by more …
Persistent link: https://www.econbiz.de/10011978381
Investment has grown rapidly in China in recent years, reaching more than 40 percent of GDP. Despite good progress on … bank and enterprise reforms, weaknesses remain that could contribute to inefficient investment decisions. Manufacturing …, infrastructure, and real estate have been the drivers of fixed asset investment. Econometric analysis presented in the paper suggests …
Persistent link: https://www.econbiz.de/10014400156
The empirical analysis in ""International R&D Spillovers"" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...
Persistent link: https://www.econbiz.de/10014400689
direct investment is also substantial. We explain these features in terms of a conventional neoclassical growth model-with no …
Persistent link: https://www.econbiz.de/10014401525