Showing 41 - 50 of 67
present new empirical evidence on the extensive and intensive margin of exports and FDI based on detailed micro-level data of …
Persistent link: https://www.econbiz.de/10003879017
-examine the gains from trade argument (applied to intertemporal trade) in this case of informational-asymmetry driven FDI. We show …Foreign direct investment (FDI) is observed to be a predominant form of capital flows to emerging economies, especially … when they are liquidity-constrained internationally during a global financial crisis. The financial aspects of FDI are the …
Persistent link: https://www.econbiz.de/10012471927
Foreign direct investment (FDI) is observed to be a predominant form of capital flows to low and middle income … stakeholders. We emphasize the crucial role played by FDI in sustaining equity-financed capital investment for economies plagued by …
Persistent link: https://www.econbiz.de/10012472477
The paper surveys a theory of FDI, which captures a unique feature: hands-on management standards, that enable … specialized in the source country. Consequently, FDI investors would make investment, both larger, and of higher quality (namely …, with large rates of returns), than the domestic investors. The theory can explain both two-way FDI flows among developed …
Persistent link: https://www.econbiz.de/10012762983
sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack … access to external finance on firms' choices to export or to engage in FDI. We simultaneously model a firm's decision to … engage in FDI and in exports, and we assess the importance of financial factors for this choice (the extensive margin) as …
Persistent link: https://www.econbiz.de/10012991098
model of multinational firms facing real and financial barriers to foreign direct investment (FDI), and we analyze their … impact on the FDI decision (the extensive margin) and foreign affiliate sales (the intensive margin). We provide empirical …
Persistent link: https://www.econbiz.de/10012991107
FDI investors control the management of the firms, whereas FPI investors delegate decisions to managers. Therefore … expectation of future liquidity problems export relatively more FPI than FDI, and (2) this effect strengthens as the source … country's capital market transparency worsens. To test these hypotheses, we examine the variation of FPI relative to FDI for …
Persistent link: https://www.econbiz.de/10012462924
flows, and between different types of equities. This survey put together models of debt, FDI, Fpi flows to help explain the …-liquidity trade-off helps explain the composition of equity flows between developed and emerging countries, as well as the patterns of … FDI flows during financial crises …
Persistent link: https://www.econbiz.de/10012463050
This paper brings out the special mechanism through which taxes influence bilateral FDI, when investment decisions are … determining whether aggregate FDI flows will occur at all, and a different set of factors determining the volume of FDI flows … corporate tax rate and high level of public good provision in the rich source country for FDI outflows and with low corporate …
Persistent link: https://www.econbiz.de/10012466680
The paper develops a model of foreign direct investments (FDI) and foreign portfolio investments (FPI). FDI is … of the firm. This superiority, relative to FPI, comes with a cost: a firm owned by the relatively well-informed FDI … model can explain several stylized facts regarding foreign equity flows, such as the larger ratio of FDI to FPI inflows in …
Persistent link: https://www.econbiz.de/10012467640