Showing 1 - 10 of 11
offshoring to unregulated jurisdictions. We first apply an analytical partial-equilibrium model of a two-stage production process … includes a better representation of international supply chains. We find heterogeneous, but mostly positive effects of a …
Persistent link: https://www.econbiz.de/10010459207
This paper analyses the relevance of information and communication technologies (ICT) for firms' probability of global sourcing of inputs. Using firm-level data from Germany in 2009, which include mainly small and medium-sized firms, the empirical analysis differentiates between manufacturing...
Persistent link: https://www.econbiz.de/10011418739
In this paper, I analyse the relationship between offshoring and ICT at the firm level differentiating between … measures, overall, the results reveal a positive relationship between offshoring and ICT. Thus, they support the argument that … ICT might be relevant for offshoring. Controlling for other firm characteristics, software to coordinate and to manage the …
Persistent link: https://www.econbiz.de/10009686736
Drawing on a novel dataset of worldwide venture capital deals, we investigate how venture capitalists (VCs) overcome the complexity of investing in geographically and institutionally distant regions. Our results indicate that syndicating with local VCs is a common way for foreign VCs to gain...
Persistent link: https://www.econbiz.de/10008937316
, and international stocks. Overall, our results suggest that there are significant improvements in international portfolio … but we also show that international portfolios augmented by FX investment styles are superior in terms of second and third … portfolio augmented by FX investment styles compared to the benchmark. -- International Diversification ; Foreign Exchange …
Persistent link: https://www.econbiz.de/10008938019
In international politics, intergovernmental treaties provide the rules of the game. Similar to private law, treaty … measurement of flexibility in international treaties. Based on 400 treaties and supplementary agreements from the field of … international environmental law, we provide new insights into the combined application of rules for adoption and entry into force of …
Persistent link: https://www.econbiz.de/10011447526
industry respectively. We discuss the regulations employed and the reasons for the international success of the innovations …
Persistent link: https://www.econbiz.de/10011448178
This paper analyzes diversification benefits from international securitized real estate in a mixed-asset context. We … account for foreign exchange risk exposure. From the perspective of a US investor, it is shown that first, international … diversification is superior to a US mixed-asset portfolio, second, adding international real estate to an already internationally …
Persistent link: https://www.econbiz.de/10008901843
In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S. and (3) whether the impact of import penetration is driven by...
Persistent link: https://www.econbiz.de/10011897992
This paper examines the effects that purchased services and imported intermediate materials have on the labour demand for different skills in the manufacturing sector. We derive and estimate a factor demand system based on the generalised Box-Cox cost function nesting both the normalised...
Persistent link: https://www.econbiz.de/10011445002