Showing 1 - 10 of 1,147
The determinants of foreign direct investment (FDI) are explored with gravity models, using a Poisson estimator and a … cross-border investment: a reduction of regulatory divergence by one fifth could increase FDI by about 15%. In particular … inward and less outward FDI, and there is some evidence that more complex regulatory procedures reduce inward FDI. …
Persistent link: https://www.econbiz.de/10011399706
This study sheds light on the effect of restrictive policies, such as screening mechanisms, on mergers and acquisitions (M&A) flows into EU Member States in the period 2011-2018, by implementing an augmented gravity model. The results show that different restrictive measures affect cross-border...
Persistent link: https://www.econbiz.de/10012170671
with only occasional relapses. Yet, FDI liberalisation remains an unfinished agenda in various parts of the world and … FDI positions and cross-border M&A activity to FDI restrictions as measured by the OECD FDI Regulatory Restrictiveness … Index. Results suggest that reforms liberalising FDI restrictions by about 10% as measured by the Index could increase …
Persistent link: https://www.econbiz.de/10012147278
This study investigates the extent to which diplomatic relations affected merger and acquisition (M&A) activities in the European Union during the years 2001- 2019. Implementing a gravity model, we find a U-inverted relationship between diplomatic distance and M&A activities: (i) a worsening in...
Persistent link: https://www.econbiz.de/10012549998
Divestment by multinational enterprises is an important yet understudied phenomenon. The few available estimates indicate that about a fifth of all foreign affiliates are divested every five years. This paper presents the findings from a novel cross-country firm-level dataset with financial and...
Persistent link: https://www.econbiz.de/10012147280
Starting from a low level in early 2000s, Turkey’s total capital stock has since expanded rapidly, but the composition and quality of investment raises questions. This study focuses on business investment, as the main driver of physical and knowledge-based capital formation and, hence, of...
Persistent link: https://www.econbiz.de/10011995803
Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical … evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation … concentrates on the impact of FDI inflows on growth and their effect mediated by income levels and the quality of the institutional …
Persistent link: https://www.econbiz.de/10012164555
trade in goods, trade in services and foreign direct investment (FDI) statistics) can be assessed by means of comparisons … countries. Those indicators are applied in the context of euro area FDI statistics. …
Persistent link: https://www.econbiz.de/10012180581
distanced regions. FDI tends to be associated with employment decline in manufacturing firms, but some growth in small firms. …
Persistent link: https://www.econbiz.de/10012230626
The recent surge in competition between state and private firms in global markets calls for a reflection on how to minimise any potentially distortionary effects on international trade and investment created by state enterprises while at the same time restraining any undue protectionist policy...
Persistent link: https://www.econbiz.de/10011403604