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This paper examines whether foreign aid contributes to attracting foreign direct investment (FDI) in aid receiving … countries. Using both homogeneous and heterogeneous panel cointegration techniques, I find that the effect of foreign aid on FDI …
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This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles … synchronized investment cycles. I also find that the relation between FDI integration and synchronization of gross domestic product … unambiguously increases investment synchronization while the effect on GDP synchronization is ambivalent. Due to mismeasurement of …
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We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The … host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to … higher investment levels, increases host countries revenues, but hurts profits of international investors. Domestic firms can …
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