Showing 1 - 10 of 2,759
Globalisation through international trade, foreign direct investment (FDI) and international movements of labour is a … comprehensive approach, including; i) reducing barriers to FDI and imports, particularly in agriculture, through multilateral trade … penetration, stock of inward FDI relative to GDP and foreign workers as a share of employment, reflecting the legacy of policies …
Persistent link: https://www.econbiz.de/10012445794
This paper examines how the industry-level FDI-export sales relationship is affected by the host nation’s status as an … “export platform” (EP). Using Japanese FDI and export sales data into 35 host countries during the period 1989-1998 for 7 ISIC … 2-digit industries, we find that the FDI-export sales relationship is industry-specific and sensitive to the host …
Persistent link: https://www.econbiz.de/10009391989
The difficulty in finding the substitution effects on exports of foreign direct investment has posed challenges to empirical analysts. In analysing newly-constructed product-level data that enable endogeneity and aggregation bias to be addressed simultaneously, this study finds that auto part...
Persistent link: https://www.econbiz.de/10009651265
by Japanese exports to these countries. However, after controlling for Japan’s FDI to these countries, the trade …In this study, we investigate the dynamics of the trilateral trade relationship among the U.S., Japan and an emerging … the “triangular trade approach,” we explore how Japanese trade with and foreign direct investment to an emerging economy …
Persistent link: https://www.econbiz.de/10005824775
multinational corporations. We investigate the effect of Japanese trade on the exports of other countries to the United States in … the 1990s. In our sample we include eight Asian countries besides the US and Japan. With the trade data disaggregated at …-country, and the Japanese FDI to a third-country in a panel data specification. Among eight countries investigated, we find the …
Persistent link: https://www.econbiz.de/10005766943
This paper uses high-frequency data for publicly-listed Japanese manufacturing firms over the period 2000 to 2010 to show that a greater reliance on foreign market sales increases the conditional volatility of firms’ stock returns. The two margins of global engagement we consider, namely,...
Persistent link: https://www.econbiz.de/10011431195
Investment (FDI), within a Dissipation of Intangible Assets framework. In a two-period model, we discuss how the threat of … knowledge spillover shapes the boundaries of a Multinational Enterprise. Similarly to the theoretical findings on the FDI …-licensing trade off, we show that the integrated solution is more likely to emerge when know-how easily spills over - i.e. when firms …
Persistent link: https://www.econbiz.de/10010312620
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10003726051
inward FDI stocks. For a panel of five advanced economies from 1980 to 2006 it is shown that price competitiveness, stable …-Saxon legislation also play a role. Financial competitiveness in turn encourages FDI inflows whereas it benefits fixed investment …
Persistent link: https://www.econbiz.de/10003794120
The People's Republic of China (PRC) has received enormous inflows of foreign direct investment (FDI) in recent years … perspectives on their relative importance for the three countries involved. We also analyze the industrial composition of FDI flows … over time. US FDI flows to the PRC have been less concentrated in manufacturing than average for investors in the PRC while …
Persistent link: https://www.econbiz.de/10003901563