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Outward foreign direct investment (FDI) represents the present way for Central and Eastern European countries reintegration in the global economy, coming next after foreign trade and FDI inflows liberalization. Analyzing the multinationals location factors, Dunning explains in his theories the...
Persistent link: https://www.econbiz.de/10010819405
Our study characterizes the outward FDI phenomenon in Romania in the light of Dunning’s Investment Development Path theory, based on the relationship between a country’s development level and its net international investment position, that has previously been applied to most CEE countries...
Persistent link: https://www.econbiz.de/10008765961
We empirically investigate the effects of the internationalisation of Belgian firms on domestic demand for production and non-production workers, which are used as proxies for unskilled and skilled labour. Distinction is made between home-employment effects of firms’ internationalisation,...
Persistent link: https://www.econbiz.de/10008672351
This study analyzes the relationship between outward foreign direct investment (OFDI) stocks pertaining to thirty four OECD source and one hundred sixty destination countries (i.e. bilateral stocks) and other various variables such as size, distance, common language etc using augmented gravity...
Persistent link: https://www.econbiz.de/10011109750
The evidence of Malaysia outward FDI has become obvious particularly in the 1990s. Despite remain as the preference of FDI destinations, Malaysia also emerged as the fifth largest investor among the developing economies in Asia region (UNCTAD, 2005). In view of that, this study intends to...
Persistent link: https://www.econbiz.de/10011111163
It is well documented in the literature that Malaysia has become an emerging source of outward foreign direct investment (OFDI) in the region. The drastic increase in her OFDI has raised concerns as to whether the outbound direct investment activities from the country would detract domestic...
Persistent link: https://www.econbiz.de/10011111697
In recent decades, financial liberalization has been one of the most important strategies for Asian countries to promote growth. However, debate emerges following several financial crises on whether liberalizing financial markets and allowing for free access to international capital markets,...
Persistent link: https://www.econbiz.de/10011115710
It is well documented in the literature that Malaysia has become an emerging source of outward foreign direct investment (OFDI) in the region. The drastic increase in its OFDI has raised concerns as to whether the outbound direct investment activities from the country would detract from domestic...
Persistent link: https://www.econbiz.de/10011195574
ahead of Brazil, India and South Africa. Alongside other multinationals from BRICS countries, TNCs from Russia started to …
Persistent link: https://www.econbiz.de/10011195767
This paper examines the long-run relationship between outward foreign direct investment (FDI) and total factor productivity for a sample of 33 developing countries over the period 1980-2005. Using panel cointegration techniques, we find that: (i) outward FDI has, on average, a positive long-run...
Persistent link: https://www.econbiz.de/10008562784