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This report is the eighth in a series of reports detailing the findings of a long-standing research project dedicated to the monitoring of mutual investments in CIS countries and Georgia. The analysis relies on a database maintained on the basis of diverse data obtained from publicly available...
Persistent link: https://www.econbiz.de/10012945911
Bulgaria's and Romania's transition from central planning to market economy has been long and difficult. The lateness of their transformation made their entry into the European Union possible only three years later (in 2007) than the other transition economy candidates for membership. The...
Persistent link: https://www.econbiz.de/10012766579
We study the impact of the 2016 Brexit referendum on UK foreign direct investment. Using the synthetic control method to construct appropriate counterfactuals, we show that by March 2019 the Leave vote had led to a 17% increase in the number of UK outward investment transactions in the remaining...
Persistent link: https://www.econbiz.de/10012865920
The Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership will impact on substantive market regulations in a wide a range of areas bearing on market access, both by establishing substantive new horizontal and sectoral standards and by establishing requirements regarding...
Persistent link: https://www.econbiz.de/10013003154
differences between Korea and its FTA partners, we hypothesize that FTAs have a positive effect on outward FDI to developing … countries and inward FDI from developed countries. An underlying source of the hypothesis is the Knowledge-Capital model …, addressing the positive (negative) relationship between trade costs and horizontal (vertical) FDI. We test for the hypothesis …
Persistent link: https://www.econbiz.de/10013006869
less FDI and the impacts on FDI of the extended market size created by forming blocs. By employing a region-fixed effects … model, I find that countries forming trading blocs attract more FDI, particularly from non-member countries, but that FDI … does not always increase with the market size of the blocs. As the market size increases, FDI increases only for large …
Persistent link: https://www.econbiz.de/10013007245
This paper explores the role of tax instruments in affecting foreign direct investment (FDI), paying particular … attention on their effect on two forms of FDI strategy, ‘horizontal' and ‘vertical'. Applying a decomposition of FDI strategies … to the universe of cross-border mergers (the dominant form of FDI) over the period 1999-2010, it emerges that taxes have …
Persistent link: https://www.econbiz.de/10013014350
This study examines possible Brexit effects on the UK's attractiveness to greenfield foreign direct investment (FDI …) and related job creation. Our results indicate that the UK would be less attractive as a location to FDI and would … experience a reduction of FDI-related job creation in any of the considered Brexit outcomes. These effects come about through …
Persistent link: https://www.econbiz.de/10012858504
relative to domestic-acquired firms. Foreign acquisition is also found to improve output, employment and wage for target firms …. These findings confiict with the conventional view of productivity-driven FDI and highlight the financial channel through … which FDI benefits the host countries …
Persistent link: https://www.econbiz.de/10013025940
Foreign direct investment (FDI) brings host countries capital, productive facilities, and technology transfer, as well … as new jobs and management expertise. Thus, it is important to understand why in many transition countries FDI inflow is … lower than expected. The goal of this study is to explore some important factors determining flow of FDI into transition …
Persistent link: https://www.econbiz.de/10012987025