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This paper empirically examines the heterogeneity in the effects of multiple dimensions of distance on trade across detailed product groups. Using finite mixture modelling on bilateral trade data at the 3-digit SITC level, we endogenously group product categories into an, a priori unknown,...
Persistent link: https://www.econbiz.de/10011521702
The recent growth in foreign direct investment (FDI) has led to a proliferation of scholarly efforts to analyse the … economic effects of FDI inflows in the economy of the host countries, whereas the second studies the economic factors …/conditions in the host countries that pull in FDI flows. The purpose of this paper is to add to this latter dimension of the …
Persistent link: https://www.econbiz.de/10011867027
This paper describes the determinants of FDI location among Italian provinces, focusing on the role of market potential …
Persistent link: https://www.econbiz.de/10011514693
This paper focuses on the role of classifying types of foreign direct investment (FDI) for analyzing the determinants … investment (VFDI) and horizontal foreign direct investment (HFDI). Apart from data for conventional approaches to classify FDI … to companies without investment abroad. The results for the direct measures of FDI types confirm theoretical expectations …
Persistent link: https://www.econbiz.de/10012265846
This volume was prepared by Benedikt Heid while he was working at the ifo Institute and the University of Bayreuth. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the Ludwig-Maximilians-Universität München. It includes six self-contained...
Persistent link: https://www.econbiz.de/10011742960
For the largest 55 German banks, we detect the presence of countercyclical yield seeking in the form of acquisition of high-yielding periphery bonds in the period from Q1 2008 to Q2 2011. This investment strategy is pursued by banks not subject to a bailout, banks characterised by high...
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