Showing 1 - 10 of 3,246
Using a unique dataset on worldwide multinational corporations with precise location of headquarters and affiliates, I present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary's economic activity, emerging from dynamics related to...
Persistent link: https://www.econbiz.de/10011864328
Using a unique dataset on worldwide multinational corporations with precise location of headquarters and affiliates, I present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary's economic activity, emerging from dynamics related to...
Persistent link: https://www.econbiz.de/10011891832
the occurrence and magnitude of externalities from FDI in 1995-2007. We find both positive and negative externalities in …
Persistent link: https://www.econbiz.de/10011936001
This paper examines the effect of transition and of political instability on FDI flows to the transition economies of … Central Europe, the Baltics and the Balkans. We find that FDI to transition economies unaffected by conflict and political … tends to increase FDI inflows. In the case of Balkan countries, conflict and instability have reduced FDI inflows below what …
Persistent link: https://www.econbiz.de/10003328508
investments (FDI) in the US. In contrast to earlier work, this paper puts special emphasis on controlling for Marshallian … externalities may, if not accounted for appropriately, be falsely attributed to FDI. This paper also deals with the potential … endogeneity of FDI and the presence of spatial lags by employing a system generalized method of moments (GMM) estimator. We use a …
Persistent link: https://www.econbiz.de/10003864488
This paper extends the existing literature on FDI and wage inequality. We do this in two ways. Firstly, we incorporate … and vertical FDI. Secondly, after establishing the effects that inward investment has on wage inequality, we then analyse … has on this. We illustrate the important differences that horizontal and vertical FDI have on both wages and wage …
Persistent link: https://www.econbiz.de/10003937244
This paper uses affiliate level data from Swedish multinationals to examine the impact of tax treaties on both overall affiliate sales and the composition of those sales. In line with previous results, we find little evidence for an effect of treaties on the level of total sales. We do, however,...
Persistent link: https://www.econbiz.de/10003969188
investment treaties as a possible determinant of BIT-related effects on bilateral FDI flows. Our estimation results prove to be … dispute settlement provisions do not necessarily result in higher FDI inflows so that the effectiveness of BITs as a credible … commitment device remains elusive. -- Dispute Settlement ; BITs ; FDI flows …
Persistent link: https://www.econbiz.de/10003956967
The previous literature provides a highly ambiguous picture on the impact of trade and investment agreements on FDI … of modalities on the admission of FDI and dispute settlement mechanisms in both RTAs and BITs on bilateral FDI flows … between 1978 and 2004. We find that FDI reacts positively to RTAs only if they offer liberal admission rules. Dispute …
Persistent link: https://www.econbiz.de/10008652617
-facto exchange rate regime for FDI flows. We find a strong and significant effect from fixed rates on bilateral FDI flows in … exchange rates on FDI. We provide several possible explanations for this difference. -- Foreign Direct Investment …
Persistent link: https://www.econbiz.de/10003961899