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, Germany, France and the Netherlands to developing countries located in different world regions. Our goal is to elucidate …The main objective of this paper is to examine the determining factors of outward FDI from four major OECD investors US … geographical regions over the period 1995-2008. This approach permits us to select the most appropriate model that governs FDI …
Persistent link: https://www.econbiz.de/10011345484
In this paper, we examine the determinants of outward FDI from four major OECD investors, namely, the US, Germany …, France, and the Netherlands, to 129 developing countries classified under five regions over the period 1995-2008. Our goal is …). This approach permits us to select the most appropriate model (or combination of models) that governs FDI allocation and to …
Persistent link: https://www.econbiz.de/10011559178
This paper studies the location choice of foreign multinational firms in the Baltic economies of Estonia, Latvia, and Lithuania using a knowledge-and-physical capital model across 2004-2017. We used the Bayesian model averaging estimation method to investigate a set of possible factors that...
Persistent link: https://www.econbiz.de/10013201032
The growth of Foreign Direct Investment (FDI) in developing countries over the last decade has attracted an intense academic and policy-oriented interest for its determinants. Despite the gravity model being considered a useful tool to approximate bilateral FDI flows, the literature has seen a...
Persistent link: https://www.econbiz.de/10013199648
Globalization has affected the integration of markets through many different channels, including movements of factors and trade in goods. From a theoretical point of view, the interaction between the different channels of integration can take different forms. The aim of this paper is to analyze...
Persistent link: https://www.econbiz.de/10010260456
Globalization seems to have diminished the importance of geographical distance. However, empirical studies find that distance coefficients in gravity equations change little over time. This paper argues that changes in distance coefficients do not carry much information on changes in distance...
Persistent link: https://www.econbiz.de/10010260619
The choice between foreign direct investment (FDI) and exports has been a recurrent theme in the literature on international trade, yet few studies have analysed this choice at the level of the individual firm. This paper uses a new dataset to study the FDI-versus-exports decision for banks. We...
Persistent link: https://www.econbiz.de/10010295632
The presence of other firms in a foreign market can have a double-edged effect on the profitability of new entrants. Firstly, a larger presence of other firms implies more competition and thus lowers the earnings prospects of new entrants. Secondly, there might be positive spill-over effects...
Persistent link: https://www.econbiz.de/10010295633
This paper provides new evidence on the foreign direct investment stocks of German firms. We use firm-level data for the years 1990-2000 to describe the regional and sectoral patterns of German FDI through gravity-type equations. We provide evidence on the patterns of FDI by sector, by size of...
Persistent link: https://www.econbiz.de/10010295757
Ever since India decided to globalize, concentrated effort was made to attract Japanese participation through foreign direct investment. However, response from Japan has been rather subdued. This paper attempts to gain some insight into this reluctance of Japanese investors by studying the...
Persistent link: https://www.econbiz.de/10011807649