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Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition …, it is important to assess how domestic investment responds to such outflows. This study empirically examines the effects … of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies …
Persistent link: https://www.econbiz.de/10013085137
-border investments by multinational firms. We study firm investment responses to a major U.K. tax reform that drastically reduced the … income tax burden for U.K.-based firms. Our identification strategy compares the investment outcomes of U.K. multinational … confirmed using novel data on local wealth. Our findings imply that, beyond the goal of motivating home country investment …
Persistent link: https://www.econbiz.de/10014238897
Persistent link: https://www.econbiz.de/10013129966
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two … types of FDI: unlike greenfield investment, M&As partly represent a rent accruing to previous owners, and do not necessarily …
Persistent link: https://www.econbiz.de/10009376718
-oriented foreign direct investment (FDI). The effects of these policies on the external accounts have been largely ignored. This paper …
Persistent link: https://www.econbiz.de/10011527415
We consider two channels via which foreign inputs into industrial production may lead to productivity effects. The first one concerns dynamic externalities between firms which share technical and organizational knowledge which is vital for the productivity growth of a particular industry. We...
Persistent link: https://www.econbiz.de/10011472478
The relocation of automobile production and international investment patterns of major car producers are analyzed in …
Persistent link: https://www.econbiz.de/10011491137
We assess drivers of FDI in a panel of BRICS and MINT countries for the period 2001-2011. We bundle and unbundle governance determinants using a battery of contemporary and non-contemporary estimation techniques. The following findings are established. First, for both contemporary and...
Persistent link: https://www.econbiz.de/10011409066
industries, the unintended effect of restrictions on foreign direct investment (FDI) in services can be to make indigenous firms …
Persistent link: https://www.econbiz.de/10013006455
investors to arable land. In addition, there a fewer candidates for foreign investment than there were several decades ago, as … examines implications of TNC activities for developing countries in the area of financing, investment and exports. TNCs can be …
Persistent link: https://www.econbiz.de/10013054188