Showing 1 - 10 of 235
Cross-border mergers and acquisitions (M&As) have increased dramatically over the last two decades. This paper analyses the role of trade costs in explaining the increase in both the number and the value of cross-border mergers and acquisitions. In particular, we distinguish horizontal and...
Persistent link: https://www.econbiz.de/10010332952
This paper compares the performance of purely domestic plants, domestic exporters and domestic multinationals. For our empirical analysis we utilise a non-parametric approach based on the principle of first order stochastic dominance. We find that the distributions for multinationals dominate...
Persistent link: https://www.econbiz.de/10010265597
This paper investigates the link between inward FDI and innovation activity in China, using a very comprehensive and … also find that inward FDI at the sectoral level is positively associated with domestic innovative activity only if firms … inward FDI into technology transfer and FDI affecting domestic credit opportunities and find that the latter is of very …
Persistent link: https://www.econbiz.de/10010272946
The paper investigates the impact of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 …: the value of the local currency (a cheaper currency attracts FDI); expected changes in the exchange rate (expected … devaluation implies FDI is postponed); and exchange rate volatility (discourages FDI). The results reveal a negative relationship …
Persistent link: https://www.econbiz.de/10010273986
available from Global Trade Alert, combined with bilateral FDI data between OECD countries and a large number of partner … FDI flows. The verdict from this analysis is clear: a country that implements new protectionist measures may expect that … about 40 to 80 percent lower FDI inflows. Trade protection does not appear to have any implications for the country's FDI …
Persistent link: https://www.econbiz.de/10010277462
Before and after its accession to the WTO in 2001, China has undergone a far-reaching investment liberalisation. As part of this, existing restrictions on foreign ownership structure and mandatory export and technology transfer requirements imposed on foreign firms have been lifted in a number...
Persistent link: https://www.econbiz.de/10010531694
Persistent link: https://www.econbiz.de/10003726378
1973 to 2000 we show econometrically that the outflow of domestic knowledge via exports or FDI may have a negative impact …
Persistent link: https://www.econbiz.de/10003758086
Persistent link: https://www.econbiz.de/10003759110
Persistent link: https://www.econbiz.de/10003785166