Narrow search
Showing 1 - 10 of 7,355
Cover Image
The economics of investor protection : ISDS versus national treatment : presented at CESifo Area Conference on Global Economy, May 2015
Kohler, Wilhelm; Stähler, Frank - 2016 - Version of February 16, 2016
This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...
Persistent link: https://www.econbiz.de/10011431559
Cover Image
Investor-State Dispute Settlement and Multinational Firm Behavior
Schjelderup, Guttorm - 2020
This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...
Persistent link: https://www.econbiz.de/10012823148
Cover Image
Investor-State Dispute Settlement and Multinational Firm Behavior
Schjelderup, Guttorm - 2020
This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...
Persistent link: https://www.econbiz.de/10012824528
Cover Image
Political Risk and International Valuation
Bekaert, Geert - 2015
Measuring the impact of political risk on investment projects is one of the most vexing issues in international business. One popular approach is to assume that the sovereign yield spread captures political risk and to augment the project discount rate by this spread. We show that this approach...
Persistent link: https://www.econbiz.de/10013015661
Cover Image
A note on labor productivity and foreign inward direct investment
Egger, Peter; Pfaffermayr, Michael - 1999
Foreign Direct Investment (FDI) is not only a transfer of capital, but a complex bundle of capital and firm … productivity of FDI-receiving firms and to some extent also that of the other firms due to spillovers. From a host country's point …-framework we indeed find significant productivity improving effects of inward FDL Furthermore, there is some evidence that FDI …
Persistent link: https://www.econbiz.de/10011491402
Cover Image
The trade-off between foreign direct investments and exports : the role of multiple dimensions of distance
Lankhuizen, Maureen; Groot, Henri L. F. de; Linders, … - 2009
Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different … dimensions of distance affect exports and FDI differently. There is clear evidence of a proximity-concentration trade-off in …
Persistent link: https://www.econbiz.de/10011378320
Cover Image
The Trade-Off between Foreign Direct Investments and Exports : The Role of Multiple Dimensions of Distance
Lankhuizen, Maureen B. M. - 2009
Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different … dimensions of distance affect exports and FDI differently. There is clear evidence of a proximity-concentration trade-off in …
Persistent link: https://www.econbiz.de/10013159235
Cover Image
Structural policy reform and the distribution of FDI in Europe
Breuss, Fritz; Egger, Peter; Pfaffermayr, Michael - 2002
new EUmembers. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using … Agenda 2000 leads to a redistribution of FDI by approximately 0.8 percentage points from the current EU members to the …
Persistent link: https://www.econbiz.de/10011492712
Cover Image
Gravity for FDI
Kleinert, Jörn (contributor); Toubal, Farid (contributor) - 2007
Gravity equations explaining foreign affiliates' sales are ad hoc and hence, estimated coeffcients are hard to interpret. We therefore provide the theoretical underpinnings of the gravity equation applied to the analysis of sales of foreign affiliates of multinational firms. We argue that the...
Persistent link: https://www.econbiz.de/10003636457
Cover Image
A Micro-Macro Model of Foreign Direct Investment : Knowledge-Based Gravity Forces, Self-selection and Third-Country Effects
Kox, Henk L.M - 2022
investment (FDI). The core model is based on knowledge-based gravitational forces that are directly or indirectly linked to a … country's economic mass (GDP). The micro-economic part of the model explains the bilateral extensive FDI margin, i.e. the … Firms self-select into FDI if their productivity is high enough to overcome the fixed costs of setting up costs a foreign …
Persistent link: https://www.econbiz.de/10014237018