In den letzten Jahren haben sich die Wirtschaften in den neuen EU-Beitrittsländern zu einem begehrten Investitionsziel entwickelt. Obwohl nur ca. 5-6% der deutschen Direktinvestitionen nach Mittel- und Osteuropa fließen, zeigt das Buch, dass diese Region auch nach dem EU-Beitritt von 8...

Our paper investigates the FDI attracting potential of emerging markets by in terms of their location attributes. We use Statistical cluster analysis to study the dynamic evolution of emerging markets' clusters, based on country attributes that are relevant for the MNEs location decision. We...

Countries compete for new FDI investment, whereas stocks of FDI generate agglomeration benefits and are potentially subject to extortionary taxation. We study the interaction between these aspects in a simple vintage capital framework with discrete time and infinite horizon, focussing on Markov...