Showing 1 - 10 of 583
-financial firms’ international acquisitions. Controlling for traditional firm- and target-country-specific FDI determinants within an …-border investment. We conclude that without explicit consideration of the financial dimension, firms’ FDI decisions cannot be properly … understood. -- FDI ; OLI ; cross-border acquisitions ; cost of capital ; financial strategy ; financial variables …
Persistent link: https://www.econbiz.de/10003756998
This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...
Persistent link: https://www.econbiz.de/10011431559
foreign direct investment (FDI) across European Union (EU) member states. Based on the knowledge-capital model, the study … employs the Pseudo Poisson Maximum Likelihood (PPML) estimator and panel data to examine empirically the determinants of FDI … Member State induces MNEs to undertake FDI in that country, while worse economic sentiment in an EU member state motivates an …
Persistent link: https://www.econbiz.de/10012589358
In this paper we investigate the impact of the euro integration process on the drivers of FDI inflows. We show … theoretically and empirically that the single currency alters the drivers of FDI inflows across its Member States. Estimating … bilateral gravity models of FDI inflows into euro area countries, we show that the euro facilitates intra-euro area vertical FDI …
Persistent link: https://www.econbiz.de/10011999066
This paper investigates the role of economic structures as determinants of FDI inflows. We expand on the existing … literature by focusing on advanced economies, using a newly available measure of FDI which cleans the data from statistical … structures to FDI inflows. These results are robust to various economic specifications and are confirmed when restricting our …
Persistent link: https://www.econbiz.de/10011647827
We study the impact of the 2016 Brexit referendum on UK foreign direct investment. Using the synthetic control method to construct appropriate counterfactuals, we show that by March 2019 the Leave vote had led to a 17% increase in the number of UK outward investment transactions in the remaining...
Persistent link: https://www.econbiz.de/10012033279
trade in goods, trade in services and foreign direct investment (FDI) statistics) can be assessed by means of comparisons … countries. Those indicators are applied in the context of euro area FDI statistics. …
Persistent link: https://www.econbiz.de/10012180581
A growing body of economics literature shows that multinational corporations (MNCs) shift their profits to tax havens. We contribute to this evidence by comparing a range of available data sets focusing on US MNCs, including country-by-country reporting data which has been released in December...
Persistent link: https://www.econbiz.de/10012122641
This paper investigates the effects of double tax treaties (DTTs) on foreign direct investment (FDI) after controlling … a network, since FDI can flow from home to host country through one or more conduit countries. By accounting for treaty …, only relevant and neutral tax treaties increase bilateral FDI, whereas irrelevant DTTs do not. We can quantify the increase …
Persistent link: https://www.econbiz.de/10011799275
Many people in the European Union fear that Eastern Enlargement leads to major job losses. More recently, these fears about job losses have extended to high skill labor and IT jobs. The paper examines with unique firm level data whether these fears are justified for the two neighboring countries...
Persistent link: https://www.econbiz.de/10003952106