Purpose: This study aims to examine the effect of greenfield foreign direct investment (GFDI) and mergers and acquisitions (M&A) on the environment and more specifically, on the sectoral emissions of CO2. The authors identify significant differential and income effects with various data...

We analyze the impact on growth of cross-border mergers and acquisition (M&A) sales. Using the GMM methodology we find that most economies benefit from financial service M&A sales. However, some type of capital flows may hurt growth. In some cases M&A sales in manufacturing and the primary...

We examine the effect of manufacturing and service FDI (foreign direct investment) on their own sector growth, the spillover to the other sectors and the overall economy in host countries. We identify significant sectoral and inter-industry spillover effects with various data classifications and...