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Macro statistics on foreign direct investment (FDI) are blurred by offshore centers with enormous inward and outward … investment positions. This paper uses several new data sources, both macro and micro, to estimate the global FDI network while … percent of global FDI. Ignoring phantom investment and allocating real investment to ultimate investors increases the …
Persistent link: https://www.econbiz.de/10012155009
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers …
Persistent link: https://www.econbiz.de/10012112331
This paper addresses three types of geographical decoupling in foreign direct investment (FDI), id est, 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/10011763759
Persistent link: https://www.econbiz.de/10009422237
This paper highlights the increased dispersion in net external positions in recent years, particularly among industrial countries. It provides a simple accounting framework that disentangles the factors driving the accumulation of external assets and liabilities (such as trade imbalances,...
Persistent link: https://www.econbiz.de/10014404202
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10014397824
the general equilibrium effects of capital flows (portfolio investments and loans, FDI) on the governance of domestic …
Persistent link: https://www.econbiz.de/10014400135
How did the rise of multinational enterprises (MNEs) put pressure on the prevailing international corporate tax framework? MNEs, and firms with market power, are not new phenomena, nor is the corporate income tax, which dates to the early 20th century. This prompts the question, what is...
Persistent link: https://www.econbiz.de/10012301968
This paper documents recent labor market performance in the Latin American region. The paper shows that unemployment, informality, and inequality have been falling over the past two decades, though still remain high. By contrast, productivity has remained stubbornly low. The paper, then, turns...
Persistent link: https://www.econbiz.de/10012102140
Structural reforms in the liquidity trap need not be deflationary. This paper develops a simple framework to study the role that key characteristics of Japan's labor and product markets-labor-market duality and weak corporate governance-play in generating unfavorable wage-price dynamics. The...
Persistent link: https://www.econbiz.de/10011436738