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The paper aims at studying the potential accommodation of the concept of sustainable development within the regime of international law regulating foreign direct investment (FDI). Reconciliation of international investment law and sustainable development is part of the current awareness of...
Persistent link: https://www.econbiz.de/10014045033
In this paper we investigate the twofold effect of demographics on international factor flows in a model with endogenous policy constraints on both foreign direct investment and migration. Factor price differences between industrialized and developing countries create economic incentives for...
Persistent link: https://www.econbiz.de/10003889091
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of...
Persistent link: https://www.econbiz.de/10011345004
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI – provided that residents of...
Persistent link: https://www.econbiz.de/10011347125
The gravity model has provided a tractable empirical framework to account for bilateral flows not only of manufactured goods, as in the case of merchandise trade, but also of financial flows. In particular, recent literature has emphasized the role of information costs in preventing larger...
Persistent link: https://www.econbiz.de/10009787347
This paper reviews a growing literature on migration and globalization, focusing on its relevance for developing and emerging economies. It documents the role of diaspora networks in enhancing cross-border flows of goods, capital, and knowledge, eventually contributing to efficient...
Persistent link: https://www.econbiz.de/10011518125
This paper explores local and global dynamics underlying the development of knowledge services clusters, which we define as new geographic concentrations of technical talent and service providers offering upstream technical and knowledge-intensive business services to regional and global...
Persistent link: https://www.econbiz.de/10013133184
The mid-nineteenth century set the stage for one of the most successful process of foreign investment in Latin America and particularly in Colombia, at least from the perspective of foreign investors: the construction and operation of the Panama Railroad Co. However, unlike other similar...
Persistent link: https://www.econbiz.de/10013115108
To examine the effects of heterogeneous labor mobility on the distribution of industries and analyze the subsidy policy for attracting firms, this paper develops an analytically solvable new economic geography model, which incorporates heterogeneous locational preferences and an intra-industry...
Persistent link: https://www.econbiz.de/10013119673
Со второй половины прошедшего десятилетия в экономике России возникло относительно новое явление – массированный вывоз прямых инвестиций (сопоставимый с...
Persistent link: https://www.econbiz.de/10013098443