Showing 111 - 116 of 116
Using a panel data set on Indonesian manufacturers from 1988 to 1996, this paper examines how host-country firms’ capabilities influence their propensity to benefit from downstream foreign direct investment (FDI). We estimate local suppliers’ productivity response to multinational entry in...
Persistent link: https://www.econbiz.de/10005038302
We hypothesize that multinational firms operating in emerging markets transfer technology to local suppliers to increase their productivity and to lower input prices. To avoid hold-up by any single supplier, the foreign firm must make the technology widely available. This technology diffusion...
Persistent link: https://www.econbiz.de/10005527823
This article uses a uniquely rich project-level data set to analyze determinants and trends of foreign direct investment (FDI) flows to the Southern African Development Community region. We control for the source of the investment, the sector in which the investment is undertaken, and the...
Persistent link: https://www.econbiz.de/10008679498
JEL classification codes: O16, F23, E32, O12 Abstract: We investigate whether capital market imperfections constrain investment during an emerging market financial crisis. Both large currency devaluations and widespread collapse of the banking sector characterize recent crises. Although a...
Persistent link: https://www.econbiz.de/10011131792
Persistent link: https://www.econbiz.de/10005280701
We show that the public's response to terrorist threats can have unintended consequences that rival the attacks themselves in severity. Driving fatalities increased significantly after the 11 September 2001 terrorist attacks, events that prompted many travellers to substitute road transportation...
Persistent link: https://www.econbiz.de/10004967008