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We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
Persistent link: https://www.econbiz.de/10009376718
Purpose: Our study aims to investigate the technological spillover effects of Foreign Direct Investment flows to Eastern European Countries. This study has guided by new growth theories arguing that Foreign Direct Investment has a significant potential for improving the productivity growth rate...
Persistent link: https://www.econbiz.de/10012801934
This paper studies the location choice of foreign multinational firms in the Baltic economies of Estonia, Latvia, and Lithuania using a knowledge-and-physical capital model across 2004-2017. We used the Bayesian model averaging estimation method to investigate a set of possible factors that...
Persistent link: https://www.econbiz.de/10012626417
This paper develops two Sraffian supermultiplier models of two different kinds of economies that are dependent upon foreign direct investment (FDI): the 'export platform FDI-led' growth model and the 'tax haven FDI-led' growth model. The former is driven by the growth of the exports of...
Persistent link: https://www.econbiz.de/10014516136
The study explores the influence of environmental risk (macroeconomic uncertainty and environmental sustainability risk) on the inflow of foreign direct investment (FDI), utilizing data from 37 economies in sub-Saharan Africa (SSA) from 1996 to 2019. The empirical analyses were carried out using...
Persistent link: https://www.econbiz.de/10014503043
This paper investigates the effect of sectoral foreign direct investment (FDI) on economic growth in Egypt, using a novel panel dataset of 26 Egyptian governorates for the period 1992-2007. The growth literature is robust with the benefits of using a within-country dataset for such a research...
Persistent link: https://www.econbiz.de/10011403109
Capital stock is possessing pivotal importance in stimulating the economic growth and development of any country. Inward FDI is considered as one of the important catalysts of economic development particularly for the resource and capital poor countries. In this article we have examined the...
Persistent link: https://www.econbiz.de/10013205977
Using a novel panel dataset of Egyptian governorates for the period 1992-2007, we investigate the effects of aggregate and sectoral foreign direct investment (FDI) on Egypt's economic growth. We distinguish between FDI in the manufacturing, agriculture and service sector. The similarity of...
Persistent link: https://www.econbiz.de/10012414512
Using a novel panel dataset of Egyptian governorates for the period 1992-2007, we investigate the effects of aggregate and sectoral foreign direct investment (FDI) on Egypt's economic growth. We distinguish between FDI in the manufacturing, agriculture and service sector. The similarity of...
Persistent link: https://www.econbiz.de/10012391376
This text presents the main points of the debate about the mechanisms of attraction and facilitation of foreign direct investment. Recently several countries have questioned the traditional model of investment agreements. One of the remarkable dimensions in the agenda of several multinational...
Persistent link: https://www.econbiz.de/10012616489