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The three essays of this dissertation contribute to the measurement of European economic integration and investigate the welfare effects of the European countries. The first study presents a newly developed index – the EU Index – which measures the extent of economic integration into the...
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People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World … official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and …
Persistent link: https://www.econbiz.de/10014488302
People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World … official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and …
Persistent link: https://www.econbiz.de/10012675711
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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...
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