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investment (FDI) cannot be gauged using firm-level data. Aggregated data, in turn, miss channels through which domestic and … investment. We theoretically show that the effects of FDI on the domestic capital stock depend on the structure of industries and … inter-sector linkage effects. We test the model using data on German FDI. Using panel cointegration methods, we find …
Persistent link: https://www.econbiz.de/10010383026
We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to the provision of local resources. In the case of...
Persistent link: https://www.econbiz.de/10011547727
Despite the recent increase in foreign direct investment (FDI) to African countries, these resources have not had a … and employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub …-Saharan Africa. The results suggest that firstly, FDI crowds in domestic investment, and secondly, countries will gain much from …
Persistent link: https://www.econbiz.de/10003733947
rank 19 most common determinants that influence FDI location choice. We propose five "low hanging fruits" that policy …
Persistent link: https://www.econbiz.de/10010343481
This study identifies how country differences on a key cultural dimension - egalitarianism - influence the direction of different types of international investment flows. A society's cultural orientation toward egalitarianism is manifested by intolerance for abuses of market and political power...
Persistent link: https://www.econbiz.de/10013131551
This paper documents some key facts about foreign direct investment flows by U.S. businesses overseas and foreign businesses in the United States. We show how the pattern of flows has evolved, examine the sources and destination of these flows, document associated employment and productivity...
Persistent link: https://www.econbiz.de/10013131762
This paper studies the direct effect of foreign investment on target firm operating performance and growth. Foreign-invested firms grow in size but not in productivity compared with non-invested firms over a four-year horizon. Decomposing foreign investment into foreign direct investment and...
Persistent link: https://www.econbiz.de/10013096648
Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition … of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies … over the period 1990–2010, the results suggest that FDI outflows negatively impact the rate of domestic investment …
Persistent link: https://www.econbiz.de/10013085137
We study Foreign Direct Investment (FDI) as a measure of real investment (gross fixed capital formation) in foreign …-owned companies. Our data include firm-level information on FDI in-flows and real investment of foreign-owned companies located in … Finland. Our results suggest that the recorded annual inflows of FDI do not constitute an accurate measure of annual real …
Persistent link: https://www.econbiz.de/10012963428