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This paper develops two Sraffian supermultiplier models of two different kinds of economies that are dependent upon foreign direct investment (FDI): the 'export platform FDI-led' growth model and the 'tax haven FDI-led' growth model. The former is driven by the growth of the exports of...
Persistent link: https://www.econbiz.de/10014516136
This paper develops two Sraffian supermultiplier models of two different kinds of economies that are dependent upon foreign direct investment (FDI): the "export platform FDI-led" growth model and the "tax haven FDI-led" growth model. The former is driven by the growth of the exports of...
Persistent link: https://www.econbiz.de/10013463757
Economists are often skeptical concerning the economic effects of various forms of human rights: it has been argued that basic human rights can make the legal system less efficient but also that extensive social rights are incompatible with market economies. It is argued here that basic human...
Persistent link: https://www.econbiz.de/10014067383
Foreign direct investment has been important in the economic growth and global economic integration of developing countries over the last decades. Both Northeast and Southeast Asia, especially the latter, have been part of this development with increasing inflows of FDI and greater foreign...
Persistent link: https://www.econbiz.de/10013137268
This paper studies the direct effect of foreign investment on target firm operating performance and growth. Foreign-invested firms grow in size but not in productivity compared with non-invested firms over a four-year horizon. Decomposing foreign investment into foreign direct investment and...
Persistent link: https://www.econbiz.de/10013096648
Are internationalization decisions of MNEs affected by democracy levels of the host country? Democracy is an over … MNEs while also helping reduce their liability of foreignness. Yet very little is known about the role of democracy. Using … effective democracy with FDI and cross-border M&A inflows. Our analysis differentiates between a paper (only rules) and …
Persistent link: https://www.econbiz.de/10013311573
today and will concern them in the future - all over the world, poor or rich. Traditionally, questions about allocative …
Persistent link: https://www.econbiz.de/10014016562
Persistent link: https://www.econbiz.de/10014337154
Persistent link: https://www.econbiz.de/10009721504
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