China is a major recipient of foreign investment and has become a major investor internationally. Its active participation in international treaties relating to investment, in the form of bilateral investment treaties and, more recently, free trade agreements, when combined with the outward push...

China's increased trade with and investment in Africa have boosted the continent's economic growth but have also generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and micro data. The aggregate data on China's ODI in...

We quantify the impact of barriers to international investment, using a novel multi-country dynamic general equilibrium model with heterogeneous investors and imperfect capital mobility. Our model yields a gravity equation for bilateral foreign asset positions. We estimate this gravity equation...

Purpose: The study aims to evaluate the different implications of mergers and acquisitions (M&A) and Greenfield foreign direct investment in the transmission mechanism effects on the growth of gross domestic product per capita (GDP per capita) in Indonesia. The origin of the study stems from...

Private investment in Malaysia has been sluggish since the Asian financial crisis. One explanation is that the growing presence of government-linked corporations (GLCs) has been crowding out private investment. For the first time, we provide empirical evidence on the relationship between GLC...

Purpose: The study aims to evaluate the different implications of mergers and acquisitions (M&A) and Greenfield foreign direct investment in the transmission mechanism effects on the growth of gross domestic product per capita (GDP per capita) in Indonesia. The origin of the study stems from...

Die vorliegende Studie wurde im Auftrag des Bundesministeriums für Wirtschaft und Technologie erstellt und im Oktober 2006 abgeschlossen. Gegenstand der Studie ist die Untersuchung des Globalisierungs- und Anpassungsprozesses sowie seiner Ergebnisse in Deutschland, Frankreich, Großbritannien,...

We investigate the dynamic effects of interregional labor market integration on migration flows, capital formation, and the price for housing services. The co-evolution of these variables depends on initial conditions at the time of labor market integration. In an initially capital-poor economy,...