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investment (FDI) are endogenously determined. In the model, a strengthening of IPR protection in the South reduces the rate of … imitation, which, in turn, increases the flow of FDI. The increase in FDI more than offsets the decline in production undertaken …
Persistent link: https://www.econbiz.de/10012463256
neutrality vis-a-vis trade, FDI and resource allocation across industries. Are developing countries justified in imposing tariffs … relationship between trade and FDI and growth. In this review, we find little evidence that countries benefit from "hard …" interventions that distort prices to deal with Marshallian externalities, learning-by-exporting, and knowledge spillovers from FDI …
Persistent link: https://www.econbiz.de/10012463389
This paper evaluates the influence of host-country financial development on the global operations of multinational firms. Using detailed U.S. data, we provide evidence that host-country financial development increases entry by multinational affiliates, while also decreasing affiliate sales in...
Persistent link: https://www.econbiz.de/10012458618
Many developing countries would like to increase the share of modern or formal sectors in their employment. One way to accomplish this goal may be to encourage the entrance of foreign firms. They are typically relatively large, with high productivity and good access to foreign markets, and might...
Persistent link: https://www.econbiz.de/10003954453
Inward and outward direct investment (FDI) stocks and flows tend to go together, across countries and over time. The … countries that invest extensively abroad are usually also large recipients of FDI. There is little evidence that flows of FDI … primary role of FDI. FDI transfers the ownership of existing productive assets from one set of owners to others willing to pay …
Persistent link: https://www.econbiz.de/10012470940
Using a newly constructed database, this paper examines the tariff-jumping response of all firm and product combinations subject to U.S. AD investigations from 1980-1990. The results strongly support the hypothesis that tariff-jumping is only a realistic option for multinational firms from...
Persistent link: https://www.econbiz.de/10012470974
Direct investment has accounted for about a quarter of total international capital outflows in the 1990s and appears to have grown, relative to other forms of international investment, since the 1970s. The United States was by far the major source of direct investment outflows in the early...
Persistent link: https://www.econbiz.de/10012471030
pattern of trade in goods can reverse when FDI is permitted, and (3) the optimal tax on FDI (which we do not advocate as a …
Persistent link: https://www.econbiz.de/10012471061
This paper examines how inward and outward foreign direct investment (FDI) have influenced the restructuring of the … Japanese firms, particularly those of multinational manufacturing firms. However, Japanese outward FDI is still not very large … increase when compared with the levels of most other OECD countries. Inward FDI will presumably have an even stronger impact on …
Persistent link: https://www.econbiz.de/10012471068
Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income level. This relationship is similar to that found for...
Persistent link: https://www.econbiz.de/10012471148