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Over the last two decades, enormous efforts have been made by developing countries to attract Foreign Direct Investment (FDI). It is commonly agreed upon that, by accelerating economic growth, FDI is a determining feature in poverty reduction. This paper argues that this view needs to be...
Persistent link: https://www.econbiz.de/10010541008
Governments the world over offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits to augment the primary benefits of a boost to national income from new investment. This paper begins by reviewing possible sources of FDI induced spillovers....
Persistent link: https://www.econbiz.de/10005703573
We investigate how economic integration in North America has altered the pattern of foreign direct investment (FDI) to and from Canada. The theoretical analysis suggests that while the Canadian-U.S. free trade agreement should generate less FDI, the addition of Mexico in the North American Free...
Persistent link: https://www.econbiz.de/10008529228
We investigate how the North American Free Trade Agreement (NAFTA) has altered the pattern of foreign direct investment (FDI) in North America. The theoretical analysis suggests that NAFTA affects the incentives of U.S. and non-U.S. firms locating in Mexico differently and may lead to investment...
Persistent link: https://www.econbiz.de/10005616563
We investigate how North-South Integration affects the location of FDI between the two regions. The theoretical analysis suggests that integration affects the incentives of partner and non-partner Northern countries to locate in the South differently and may lead to investment diversion from the...
Persistent link: https://www.econbiz.de/10005621698
Using Japanese firm-level data, I examine whether more productive multinational enterprises (MNEs) invest in a larger number of foreign regions in the manufacturing sector. I employ the Kolmogorov–Smirnov (KS) test to compare the overall distribution of productivity by multinational status. I...
Persistent link: https://www.econbiz.de/10010580521
Recent empirical studies of the determinants of multinational activity across countries have found overwhelming support for a horizontal rather than a vertical model of foreign direct investment (FDI). They all use U.S. or other developed country data. This paper, in contrast, uses a previously...
Persistent link: https://www.econbiz.de/10005119290
This is a survey of the literature on multinational theory, focusing on its relation to the most recent international trade theory. Although the latter has experienced an impressive development in the last ten years, a comprehensive analysis of foreign direct investments is still missing. This...
Persistent link: https://www.econbiz.de/10005357590
appears to have seriously dented overseas investment plans of emerging Indian multinationals. This paper looks at the trends … and patterns of Indian OFDI flows in the current crisis period, what led to its slowdown, how Indian multinationals have …
Persistent link: https://www.econbiz.de/10005033498
multinationals, in particular, provide significant foreign exposure. We also find that, although the average US investor is less … tilted toward domestic multinationals, institutional investors do overweight domestic firms that are more internationally … oriented. ‘Indirect’ foreign holdings through domestic multinationals are shown to be substantial; combining them with reported …
Persistent link: https://www.econbiz.de/10010578022