Using yearly Indonesian labor market data for 2000 to 2015, we investigate the impact of a protectionist foreign direct investment (FDI) policy reform on employment and wages. The so-called negative investment list regulates FDI at the highly granular product level and has been repeatedly...

Using panel data covering 25 cities in the Yangtze River Delta (YRD) and 21 cities in the Pearl River Delta (PRD) over the 1991-2010 period, the paper applies spatial Durbin model with ML estimation techniques to examine the underlying relationship between the productivity of the host cities and...

Although neighboring countries and both members of the EU, Greece and Bulgaria have very different social and economic environments in which entrepreneurial activities take place. At the same time, there are strong entrepreneurial ties between private firms of the two countries, initiated by...

This paper explains the location choices of multinational companies (MNCs) in a transition economy by traditional economic factors and institutional quality. Based on a thorough theoretical framework and a set of hypotheses, empirical data of an enterprise survey of 153 foreign firms in three...

I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...

The emergence of new ventures that from inception use resources and sell their goods and services in multiple foreign markets has challenged traditional theories explaining the internationalization of a firm as a stage process (Oviatt & McDougall, 1994). Different factors have been identified to...

The focus of our contribution is to shed light on the importance of firm agglomerations and FDI as drivers of firm survival in Italy. We focus upon different types of agglomeration economies related to the geographical context checking how these economies impact differently on heterogeneous...

In 2009, the United Kingdom abolished the taxation of profits earned abroad and introduced a territorial tax system. Under the territorial system, firms have strong incentives to shift profits abroad. Using a difference-in-differences research design, we show that profits of UK subsidiaries in...

The aim of the present paper is to describe the investment environment in Romania, to highlight the stringent problems that need to be solved and also to propose solutions for a better investment environment. In the actual economic context, policymakers across all regions are facing difficult...