Showing 1 - 10 of 400
Promotion of inward foreign direct investment (FDI) into Japan has been an important policy in the Abenomics growth … bilateral FDIs using data for 35 OECD countries as destination countries. In estimating the model, we handle zero values for FDI … stock explicitly. We take the model prediction as a reasonable counterfactual and compare that to the actual inward FDI …
Persistent link: https://www.econbiz.de/10012479632
The treatment of foreign investors has been a contentious topic in U.S. entrepreneurship policy in recent years. This paper examines foreign corporate investments in Silicon Valley from a theoretical and empirical perspective. We model a setting where such funding may allow U.S. entrepreneurs to...
Persistent link: https://www.econbiz.de/10012481131
is that the strongest theoretical motive for financial subsidies to inward FDI spillovers of foreign technology and …
Persistent link: https://www.econbiz.de/10012469214
We explore the impact of bilateral tax treaties on foreign direct investment using data from OECD countries over the period 1982-1992. We find that recent treaty formation does not promote new investment, contrary to the common expectation. For certain specifications we find that treaty...
Persistent link: https://www.econbiz.de/10012469881
This paper investigates the divisional investment policies of diversified firms. We find that investment of the smallest division of diversified firms is significantly related to the cash flow of the other segments. We then show that the smallest division's investment is more sensitive to the...
Persistent link: https://www.econbiz.de/10012473206
We study Japanese investments between 1980 and 1992 to assess the effectiveness of state promotion efforts in light of strong agglomeration economies in Japanese investment. Two policy variables are consistently shown to influence the location of investment - foreign trade zones and labor...
Persistent link: https://www.econbiz.de/10012474029
Despite the recent rapid development and greater openness of China's economy, FDI flows between China and … model to data. We also find large welfare gains for China--and welfare losses for its FDI partners--from quid pro quo …
Persistent link: https://www.econbiz.de/10012459412
A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real incomes in the east have now reached the western level, and investment per capita has been much higher than in the west. However, every third deutschmark spent in the east has been...
Persistent link: https://www.econbiz.de/10012471183
Recent research on business investment decisions suggests that real investment in plant and equipment is quite sensitive to changes in the user cost of capital, pointing to the possibility that long-run changes in tax policy may have a significant impact on an economy's capital stock. Indeed,...
Persistent link: https://www.econbiz.de/10012471638
Interest rates on government debt have fallen in many countries over the last several decades, with markets indicating that rates may stay low well into the future. It is by now well understood that sustained low interest rates can change the nature of long-run fiscal policy choices. In this...
Persistent link: https://www.econbiz.de/10012660030