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Pollution Havens and Foreign Direct Investment : Dirty Secret or Popular Myth?
Javorcik, Beata Smarzynska; Wei, Shang-Jin - 2021
The 'pollution haven' hypothesis refers to the possibility that multinational firms, particularly those engaged in … possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … the effect at the firm level. In addition, environmental standard of the host countries and pollution intensity of the …
Persistent link: https://www.econbiz.de/10013246646
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Effects of Air Quality Regulation on in Polluting Industries
Becker, Randy A.; Henderson, J. Vernon - 2022
This paper examines unintended effects of air quality regulation on decisions of major polluters, using plant data for 1963 to 1992. A key regulatory tool since 1978 is the annual designation of county air quality attainment status, where non-attainment status triggers specific equipment...
Persistent link: https://www.econbiz.de/10013322881
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Corruption and Composition of Foreign Direct Investment : Firm-Level Evidence
Javorcik, Beata Smarzynska; Wei, Shang-Jin - 2022
This paper studies the impact of corruption in a host country on foreign investor's preference for a joint venture … versus a wholly-owned subsidiary. There is a basic trade-off in using local partners. On the one hand, corruption makes local … hand, corruption decreases the effective protection of investor's intangible assets and lowers the probability that …
Persistent link: https://www.econbiz.de/10013324455
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Globalization and Dirty Industries : Do Pollution Havens Matter?
Grether, Jean-Marie; de Melo, Jaime - 2021
This paper reviews arguments and evidence on the impact of globalization on the environment, then presents evidence on production and international trade flows in five heavily polluting industries for 52 countries over the period 1981-98. A new decomposition of revealed comparative advantage...
Persistent link: https://www.econbiz.de/10013239153
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The Evolving Geography of China's Industrial Production : Implications for Pollution Dynamics and Urban Quality of Life
Zheng, Siqi - 2015
survey examines recent work that studies the economic geography of industrial production, per-capita income, pollution and … that together determine the new economic geography of industry and pollution within China …
Persistent link: https://www.econbiz.de/10013034749
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FDI Spillovers and Industrial Policy : The Role of Tariffs and Tax Holidays
Du, Luosha - 2011
This paper examines how industrial policy - specifically tariff liberalization and tax subsidies - affects the magnitude and direction of FDI spillovers. We examine these spillover effects across the diverse ownership structure of China's manufacturing sector. Using this approach, we control for...
Persistent link: https://www.econbiz.de/10013130551
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International Trade, Foreign Direct Investment, and Technology Spillovers
Keller, Wolfgang - 2014
This paper examines how international flows of technological knowledge affect economic performance across industries and firms in different countries. Motivated by the large share of the world's technology investments made by firms that are active across borders, we focus on international trade...
Persistent link: https://www.econbiz.de/10013070643
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Exchange Rate Volatility and First-Time Entry by Multinational Firms
Russ, Katheryn - 2008
Using a model with upfront sunk costs, heterogeneous firms, and endogenous exchange rates, this paper demonstrates theoretically that volatility in fundamental variables such as the nominal interest rate that drive exchange rate volatility can simultaneously impact the entry behavior of...
Persistent link: https://www.econbiz.de/10012773155
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Vertical Multinationals and Host-Country Characteristics
Zhang, Kevin H. - 2008
The literature on multinationals and developing countries has examined the causalityquot; running from direct investment to changes in country characteristics (wages skills, etc.) and also the opposite direction of causality, from existing country characteristics toquot; inward direct...
Persistent link: https://www.econbiz.de/10012774926
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Multiproduct Multinationals and Reciprocal FDI Dumping
Ottaviano, Gianmarco I.P. - 2010
The global pattern of foreign direct investment (FDI) is quite similar to the world trade pattern. In particular, intraindustry FDI between rich nations is almost as pervasive as intraindustry trade among rich nations. In the standard' MNC model (of Markusen, Venables, Brainard, and others), FDI...
Persistent link: https://www.econbiz.de/10012763610