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We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two … types of FDI: unlike greenfield investment, M&As partly represent a rent accruing to previous owners, and do not necessarily …
Persistent link: https://www.econbiz.de/10009376718
This paper examines the spillover effect of foreign direct investment (FDI) and determinant of FDI across Indian …
Persistent link: https://www.econbiz.de/10013065165
Persistent link: https://www.econbiz.de/10000667997
Persistent link: https://www.econbiz.de/10011476999
Persistent link: https://www.econbiz.de/10012631163
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two … types of FDI: unlike greenfield investment, M&As partly represent a rent accruing to previous owners, and do not necessarily …
Persistent link: https://www.econbiz.de/10011430093
This paper investigates the impact of direct investment by foreign-owned companies on technical progress and hence … intra-industry and inter-industry spillovers from inward investment. These findings remain robust even when other factors … such as imports and domestic R&D expenditures are allowed for. Inward investment appears to be a much more important source …
Persistent link: https://www.econbiz.de/10012446345
Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition …, it is important to assess how domestic investment responds to such outflows. This study empirically examines the effects … of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies …
Persistent link: https://www.econbiz.de/10013085137
This paper analyzes the necessary local conditions required for the existence of positive spillovers from multinationals' entry and it consists of a unified study of absorptive capacities. We start from the idea that FDI speeds up the diffusion of technologies across countries. Yet, the question...
Persistent link: https://www.econbiz.de/10009579226
We develop a tractable growth model to study the dynamic macroeconomic effects of multinational production (MP) across countries. In this model, MP is the vehicle of international idea diffusion: when firms produce in a foreign country, they contribute to the local stock of knowledge. We...
Persistent link: https://www.econbiz.de/10014235704