FDI. Our findings are consistent with multinational subsidiaries being less liquidity constrained because they can tap … additional funding from their parent company and/or access foreign capital markets. More broadly, they suggest that FDI can …

Empirical studies quantifying the economic effects of increased foreign direct investment (FDI) have not provided … consistent with theory if countries are in transition to FDI openness. Anticipated welfare gains lead to temporary declines in … domestic investment and employment. Also, growth measures miss some intangible FDI, which is expensed from company profits. The …

magnitude and direction of FDI spillovers. We examine these spillover effects across the diverse ownership structure of China …-level productivity and industry FDI, thereby limiting the problem of omitted variables and bias associated with estimating the impacts of … FDI spillovers. During 1998-2007, the span of our Chinese firm-level data set, both tariffs and FDI tax holidays changed …

attributed to India's trade liberalization and FDI reforms. Finally, we construct a panel dataset that allows us to track firms …

The paper tests three hypotheses concerning foreign equity investment in the presence of liquidity risk. First, the FDI … participants do not know whether the FDI investor liquidates a firm because of an idiosyncratic liquidity shock, or because, as an … informed investor, the firm is hit by a productivity shock. Second, the FDI-to-FPI composition of foreign equity investment …