Sovereign Wealth Funds (SWFs) have become active investors on the financial markets. Thisworking paper meets the increasing thirst for information on the investment activities of SovereignWealth Funds, their legal environment and the implications on German stock listedcorporations. Thus, this...

The emergence of Sovereign Wealth Funds (SWFs) and some spectacular investments ofthese funds in recent years have caused widespread attention on international financialmarkets. Most SWFs are domiciled in Arabian countries, East Asia and Russia. Their lowtransparency led to concerns that SWFs...

Dieser Artikel analysiert die auch im Vergleich zu anderen (europäischen) Ländern restriktiveImportpolitik der Schweiz für patentgeschützte Güter (nationale Erschöpfung)aus aussenhandelstheoretischer Sicht.Obwohl dieAussenhandelstheorie auf der Basis derTheorie des Zweitbesten (Theory of...

In the past two decades, controversial evidence has been produced supporting the case for localprotectionism in China. This paper overviews the most important contributions and presents a newapproach which applies spatial econometrics on prefectural-level data. The main advantage of thismethod...

Domestic technical measures such as SPS and TBTs can enhance import demand viainformation disclosure and quality improvement, or hamper foreign export supply via imposingsizeable compliance costs, or both. The traditional gravity equation model estimates the neteffect of these measures on...

Many countries claim foreign cultural goods threaten their national identities and engage inprotectionism against foreign cultural goods with various policy interventions. We analyze theeconomics of domestic cultural content protection in terrestrial broadcasting, the mostwidespread policy...

In the last 20 years Ireland attracted high FDI-inflows, which are to be explained. Based on wellknowntheoretical models, some host country determinants for different modes of FDI areanalysed. But the standard models for vertical and horizontal foreign direct investments can notsufficiently...

We consider the plant location decision of a multinational, which has the option to invest in a more or aless technologically advanced country. We find that in the absence of exporting by the local firms, themultinational will invest in the country lagging behind, unless the firms in that...