Showing 1 - 10 of 246
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors....
Persistent link: https://www.econbiz.de/10012112331
This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly … countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote … Africa …
Persistent link: https://www.econbiz.de/10014401807
Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are … other regions. Furthermore, since monetary policy can range from very transparent to very opaque, we assess Africa''s track … extent of transparency. Our findings suggest that this is a promising line of inquiry because Africa does stand apart from …
Persistent link: https://www.econbiz.de/10014400064
What role does China play in Africa''s development? What drives China''s increasing economic involvement in the … government policies, markets for each other''s exports, Africa''s demand for infrastructure, and differences in China''s approach … to financing have together moved commercial activities-trade and investment-to the center of China-Africa economic …
Persistent link: https://www.econbiz.de/10014400123
In this paper, we investigate whether a firm's composition of foreign liabilities matters for their resilience during economic turmoil and examine which characteristics determine a firm's foreign capital structure. Using firm-level data, we corroborate previous findings from the (international)...
Persistent link: https://www.econbiz.de/10013170253
Luxembourg receives ample investment from multinational corporations, in part due to some attractive features in its international tax rules. Around 95 percent of these foreign investments pass through Luxembourg via companies performing holding and/or intra-group financing activities. While...
Persistent link: https://www.econbiz.de/10012392656
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 studies whether FDI firms employ more workers than domestic firms for each dollar of assets. Using the Orbis database and its ownership structure information, we show that, in most economies, domestic firms tend to employ more workers per asset than FDI firms. The result remains...
Persistent link: https://www.econbiz.de/10012251327
Unilateral adoption of transfer pricing regulations may have a negative impact on real investment by multinational corporations (MNCs). This paper uses a quasi-experimental research design, exploiting unique panel data on domestic and multinational companies in 27 countries during 2006-2014, to...
Persistent link: https://www.econbiz.de/10012252761
This paper assesses whether cross-border M and 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 and A investments at the sectoral level. The results show...
Persistent link: https://www.econbiz.de/10012154966