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The objective of this study is to assess governance drivers of FDI in a panel of BRICS and MINT countries for the … period 2001-2011. We bundle and unbundle governance determinants using a battery of contemporary and non …, while the majority of our governance determinants of Gross FDI are significant, they are overwhelmingly insignificant for …
Persistent link: https://www.econbiz.de/10012218011
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011387739
The attraction of foreign direct investment (FDI) is considered to be of particular importance for emerging economies because it represents a channel through which international convergence in standards of living may be achieved. One important effect of FDI is its impact on wages, both within...
Persistent link: https://www.econbiz.de/10013388587
This paper investigates the impact of foreign direct investment on total factor productivity conditional on relative backwardness in a panel of 45 African countries over the period 1980-2012. We use two measures of relative backwardness, namely: the distance from technological frontier and the...
Persistent link: https://www.econbiz.de/10011985850
, this paper contributes to the analysis of the welfare distortions due to these regulations. In the context of a duopoly …, our results show that social welfare is not monotonic with the regulatory threshold. In particular, we obtain the … paradoxical result that a policy decision of increasing the threshold might involve a dramatic decrease in welfare in some markets …
Persistent link: https://www.econbiz.de/10011985525
. In this context, it is proved that a merger could be welfare enhancing by increasing both consumers surplus and merging …
Persistent link: https://www.econbiz.de/10011985526
presence of more firms may reduce welfare. …
Persistent link: https://www.econbiz.de/10013200166
This paper extends the traditional analysis of the output effect under monopoly (third- degree) price discrimination to a multimarket oligopoly. The author shows that under oligopoly price discrimination, differences in competitive pressure, measured by the number of firms, across markets are...
Persistent link: https://www.econbiz.de/10012144266
In this paper the authors develop an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or multilateral trade policy commitments. They find that a...
Persistent link: https://www.econbiz.de/10010307626
This article examines the effects of project finance on economic growth in the least developed countries (LDC). Inspired by the neoclassical growth model we set up an econometric model to estimate the effects of project finance for a sample consisting of 38 of the least developed countries using...
Persistent link: https://www.econbiz.de/10011310272