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The paper focuses on the emergence of Russia's multinational companies. It aims to analyse their motives to internationalise as well as the approaches to internationalisation. While relevance of the theoretical perspectives is highlighted, the intention of the paper is to contribute to the...
Persistent link: https://www.econbiz.de/10010856349
This paper was developed at the request of the OECD Working Party of the Investment Committee to document efforts to date to define and measure green FDI and to investigate the practicability of various possible definitions, as well as to identify investment policy restrictions to green FDI. It...
Persistent link: https://www.econbiz.de/10009291566
empirical evidence on productivity, wages and exports spillovers in developing, developed and transitional economies. Although …
Persistent link: https://www.econbiz.de/10005791599
It is often argued that multinationals are reluctant to transfer technology due to the fear of spillovers. We show that this need not be the case if host country policies like taxation are taken into account. Furthermore, we examine the incentives the multinational and the host country have to...
Persistent link: https://www.econbiz.de/10005835219
The environmental impact of Foreign Direct Investment is still to be explored totally. It is often argued that investment may come to a region or country where environment protection norms are less strict. Investors may be induced to outsource their pollution-intensive production where the...
Persistent link: https://www.econbiz.de/10005408033
We consider the possibility of forming a joint venture (JV) between a local firm and a foreign multinational in a situation when there is no current gain from such an arrangement. In the presence of policy uncertainty and threat of entry, a current period formation of JV with the multinational,...
Persistent link: https://www.econbiz.de/10005416671
Countries of Central and Eastern Europe opened their economies to foreign investors in 1990. Poland became the leader of foreign direct investments (FDI) inflows in 1996 and proved to be the most attractive country of the region. Having the most stable economy in the region and becoming a member...
Persistent link: https://www.econbiz.de/10010602638
the productivity effect of: (a) foreign ownership in firms, and (b) foreign presence in industries and regions. In the … productivity. In the second case, the impact of foreign investment on productivity of domestically owned firms turns out to be …
Persistent link: https://www.econbiz.de/10010954303
. The hidden information is the productivity shock to FDI. Banks are willing to monitor the risk of FDI, while bondholders …’ productivity levels, the riskiness of FDI, and the relative costs of bank finance and bond finance are three key determinants of … the firm’s financing choice. Countries with higher productivity, higher bank costs, or investment in less risky …
Persistent link: https://www.econbiz.de/10010931320
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005