Das Wachstum multinationaler Unternehmen (MNU) wird zunehmend durch Investitionen von Dienstleistungsunternehmen vorangetrieben. Die Produktion von Dienstleistungen unterscheidet sich allerdings in mehreren Aspekten von der Herstellung klassischer Industriegüter. Eine zentrale Eigenschaft ist...

This dissertation studies the roles that durable goods play in open economy macroeconomics. The three essays examine if and how durable goods improve the ability to understand business cycle features.The first essay shows how investment behavior and international risk sharing, two business cycle...

The extraordinary height of the U.S. current account deficits in the 90s gave rise to concern, a variety of papers and political recommendationsrevealing the very contrary opinions of economists on the subject.From this alarming evolution, the question of sustainability of such a...

Ziel dieser Arbeit ist es, welche konkreten Erwägungen ausländische Investoren, vor allem Versicherungsinvestoren veranlassen, in Vietnam zu investieren, welche wirtschaftlichen, gesellschaftlichen und politischen Rahmenbedingungen sie zu erwarten haben und welche Vorrausetzungen sie für ein...

Vor dem Hintergrund der bisherigen theoretischen und empirischen Studien untersucht diese Arbeit vornehmlich die kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern.Die wachsenden Zuflüsse ausländischer...

I. Introduction: This thesis analyzes the impact of reforms in Romania and Croatia on the inflow of Foreign Direct Investment (FDI) by German and Austrian Multinational Corporations (MNCs). The research questions are: (1) What role can public policy play in transition countries in attracting...

This thesis develops an equilibrium framework for strategic exercise of geographical market entry option. The theoretical model analyses the impact of asymmetries of the competing firms such as follower entry barrier and asymmetric profitability on the optimal market entry timing and firm...

Foreign direct investment (FDI) plays an important role in the economic development strategies of several countries. FDI inflows bring in the latest technology, create employment and lead to tradable goods. FDI not only enables the transfer of intangibles to another country but also makes...

Foreign direct investment, henceforth denoted FDI, constitutes a basic component of the ongoing economic globalization. The latter phenomenon refers to the increasing economic interdependence of countries in the sense that today goods, services, capital and technologies are exchanged or diffused...

During the last decade, the Venezuelan government has pursued a reform of the legal regime of hydrocarbons tailored to its interests as an oil producing country. However, the ongoing consequences of the global economic recession which negatively impacted the Venezuelan economy, call into...