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In 2004 the Austrian-based OMV acquired in a privatization process 51% of the Romanian national oil company Petrom. Two … and a half years later this privatization is again in the focus of political attention in Romania. The current government …. The whole issue of privatization is on the agenda. This paper investigates the privatization of Petrom in its historical …
Persistent link: https://www.econbiz.de/10012100073
We review previous literature on productivity spillovers of foreign direct investment (FDI) in China and conduct our … own analysis using a crosssection of firm data. We find that the evidence of FDI spillovers on the productivity of Chinese … FDI. Attempting over 2500 specifications which take into account forward and backward linkages, we find no evidence of …
Persistent link: https://www.econbiz.de/10010264864
Post-privatization restructuring of former state-owned enterprises (FSOEs) encompasses both shorter-run "defensive …
Persistent link: https://www.econbiz.de/10005677509
This text tries to assess the relation between the privatization and transnationalization processes in the Portuguese … economy in the last two decades of the 20th century and the early 2151 century. It concludes that the privatization process …
Persistent link: https://www.econbiz.de/10010740263
of an FDI-attracting privatization. On the other hand, it may prevent a welfare-reducing investment by the foreign firm …In this paper, we provide an explanation of why privatization may attract foreign investors willing to enter a regional … market. Privatization turns the formerly-public firm into a less aggressive competitor since prot-maximizing output is lower …
Persistent link: https://www.econbiz.de/10008565801
In 2004 the Austrian-based OMV acquired in a privatization process 51% of the Romanian national oil company Petrom. Two … and a half years later this privatization is again in the focus of political attention in Romania. The current government …. The whole issue of privatization is on the agenda. This paper investigates the privatization of Petrom in its historical …
Persistent link: https://www.econbiz.de/10005523463
This paper questions the determinants of infrastructure privatization in Djibouti and seeks to explain why this policy … is still implemented today. Through case studies, the paper analyses the privatization processes of the port, electricity …, and railway sectors. The paper shows that privatization has four major determinants: the presence of favourable contingent …
Persistent link: https://www.econbiz.de/10010695970
We consider a Hotelling model, in which a public firm competes with a foreign firm, at the mean time cooperates with it through subcontracting. We find that when there exists subcontracting, the presence of a foreign firm raises social welfare. Comparing to competing with the domestic private...
Persistent link: https://www.econbiz.de/10014157848
the absorptive capacity of Italian firms arising from inward Foreign Direct Investment (FDI). Given the peculiar …
Persistent link: https://www.econbiz.de/10011346441
We review previous literature on productivity spillovers of foreign direct investment (FDI) in China and conduct our … own analysis using a cross--section of firm data. We find that the evidence of FDI spillovers on the productivity of … endogeneity of FDI. Attempting over 2500 specifications which take into account forward and backward linkages, we find no evidence …
Persistent link: https://www.econbiz.de/10012778524