Showing 1 - 10 of 507
Despite the recent increase in foreign direct investment (FDI) to African countries, these resources have not had a … and employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub …-Saharan Africa. The results suggest that firstly, FDI crowds in domestic investment, and secondly, countries will gain much from …
Persistent link: https://www.econbiz.de/10010287877
The extent to which domestic and foreign operations of multinational corporations (MNCs) are related has important implications for the analysis of investment demand and its responsiveness to tax policy. We estimate the structural parameters of a model in which domestic and foreign investment...
Persistent link: https://www.econbiz.de/10010334279
This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the perspective of a Marxian monetary theory of value that emphasizes in-trinsic, structural flaws regarding capitalist reproduction. Chapter two provides an empirical description of the...
Persistent link: https://www.econbiz.de/10012099421
Using sector-level data on bilateral greenfield investment for 198 source and destination countries over 2003-2018 in a structural gravity model, we examine the likely effect of the African Continental Free Trade Area (AfCFTA) on African investment. Conditional general equilibrium estimates from...
Persistent link: https://www.econbiz.de/10012625345
Over 2010-2016, municipal debt in Germany crowded out private investment worth 1 percent of GDP. Forced to lend to municipalities by their statutes, local public banks compensated for declining municipal-debt yields by charging higher rates to firms in Germany's locally segmented credit markets....
Persistent link: https://www.econbiz.de/10014468196
We consider several economic uncertainty indicators for the United States and the UK before and during the COVID-19 pandemic: implied stock market volatility, newspaper-based economic policy uncertainty, twitter chatter about economic uncertainty, subjective uncertainty about future business...
Persistent link: https://www.econbiz.de/10012389586
India's growing economic strength of recent years has seen it adapting its foreign policy to increase its global influence and status and to meet the challenges of the 21st century. In the past few years, New Delhi has expanded its strategic vision, most noticeably in Asia, and has broadened the...
Persistent link: https://www.econbiz.de/10011807618
types of FDI: unlike greenfield investment, M&As partly represent a rent accruing to previous owners, and do not necessarily … contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …
Persistent link: https://www.econbiz.de/10011430093
This paper contributes to the empirical literature on determinants of FDI by addressing the question: Why do some … developing countries from Asia continue to receive more FDI, while others from the region have fallen behind? It finds R … explaining FDI inflows to developing Asian economies. These traits are found significant for inward FDI in India too with more …
Persistent link: https://www.econbiz.de/10011807600
Ever since India decided to globalize, concentrated effort was made to attract Japanese participation through foreign direct investment. However, response from Japan has been rather subdued. This paper attempts to gain some insight into this reluctance of Japanese investors by studying the...
Persistent link: https://www.econbiz.de/10011807649