Showing 1 - 10 of 13,969
In this research it was studied whether or not political risks have had any direct influence on the inflow of FDI in …
Persistent link: https://www.econbiz.de/10014025990
This chapter provides a broad overview of the upward trends in financial globalization and foreign direct investment and asks whether and how financial globalization is linked with the foreign direct investment decisions of non-financial multinational enterprises. Several potential links and...
Persistent link: https://www.econbiz.de/10011563060
This chapter provides a broad overview of the upward trends in financial globalization and foreign direct investment and asks whether and how financial globalization is linked with the foreign direct investment decisions of non-financial multinational enterprises. Several potential links and...
Persistent link: https://www.econbiz.de/10012979903
types of FDI: unlike greenfield investment, M&As partly represent a rent accruing to previous owners, and do not necessarily … contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …
Persistent link: https://www.econbiz.de/10009376718
We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm-level database. Our identification strategy relies on exploiting the difference in the amount of foreign investment by financial and industrial investors and simultaneously controlling...
Persistent link: https://www.econbiz.de/10010326288
Persistent link: https://www.econbiz.de/10009756315
We revisit the relationship between foreign investment and productivity of acquired firms. First, we construct a panel firm-level dataset for eight ad- vanced European countries covering domestic and foreign acquisitions together with detailed balance sheet information for the years 1999–2012....
Persistent link: https://www.econbiz.de/10012857071
While existing literature points to a positive impact of FDI on host countries’ growth, little is known about how … inward FDI contributes to economic volatility in the host country. In this paper, we investigate the FDI-output growth … statistically significant relationship between inward FDI stock and sectoral output volatility. We also show that the impact of …
Persistent link: https://www.econbiz.de/10013259908
We study the impact of foreign direct investment (FDI) on total factor productivity (TFP) of domestic firms using a new … domestic companies can be significantly positive, non-existent, or even negative, depending on which sectors receive FDI. When … receiving FDI. Increasing FDI in sectors that are technologically close to other sectors boosts TFP of domestic firms by twice …
Persistent link: https://www.econbiz.de/10011715875
Whereas international joint venture is a dominated strategy in the property rights theory of the firm, this article shows that it can be optimal in the presence of contractual and financial frictions. We use the data of Chinese foreign affiliates to test and support our key theoretical result...
Persistent link: https://www.econbiz.de/10013031079