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This article reviews the impact of intellectual property (IP) protection on foreign direct investment (FDI) by … found that the effect of IP protection on investment decisions by MNEs differs according to the development level of the …
Persistent link: https://www.econbiz.de/10013033949
We examine how credit constraints affect the cyclical behavior of productivity-enhancing investment and thereby … volatility and growth. We first develop a simple growth model where firms engage in two types of investment: a short-term one and … a long-term productivity-enhancing one. Because it takes longer to complete, long-term investment has a relatively less …
Persistent link: https://www.econbiz.de/10014028049
The aim of this paper is to empirically investigate the relationship between FDI and domestic investment in a sample of … phenomenon, with a short-term crowding out effect on domestic investment, followed by a long-term crowding in. Greenfield FDI … develops stronger long run complementarities with domestic investment, while mergers and acquisitions do not show a significant …
Persistent link: https://www.econbiz.de/10012911047
The Euler equation model for investment with adjustment costs and variable capital utilization is estimated using … and investment adjustment cost parameters are very weakly identified. This is because investment appears to be …
Persistent link: https://www.econbiz.de/10013217465
This paper investigates the causal links between domestic capital investment, foreign direct investment (FDI), and … between non-oil GDP growth and domestic capital investment, and bidirectional causality between FDI and domestic capital … investment. FDI affects negatively domestic capital investment in the short run, whereas domestic capital investment affects …
Persistent link: https://www.econbiz.de/10011853654
What determines investment is a much analysed policy question all around the world. Growth and previous investments are … the primary variable used to analyse current investment. But there is much difference in opinions among economists … regarding which policy instrument should be emphasised more to increase investment rate of a country. In this analysis, the …
Persistent link: https://www.econbiz.de/10014238430
Is the typical specification of the Euler equation for investment employed in DSGE models consistent with aggregate … the parameters in aggregate data because investment is unresponsive to changes in capital utilization and the real …
Persistent link: https://www.econbiz.de/10014353210
Foreign Direct Investment (FDI) in extractive industries (mining and quarrying) is expected to increase dramatically in …
Persistent link: https://www.econbiz.de/10013073911
considered here may affect the sensitiveness of investment to cash flow. Large firms, stock market listed firms as well as firms …
Persistent link: https://www.econbiz.de/10011866292
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting … marginal effect of aid on private foreign investment is close to zero. Surprisingly, however, the effect is strictly positive …
Persistent link: https://www.econbiz.de/10011397707