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Application of oli-paradigm of German FDI inflows in Turkey

Ilgün, Erkan; Tatić, Kasim - In: Economic review : journal of economics & business 10 (2012) 2, pp. 29-40

Foreign direct investment (FDI) plays a pivotal role in economic development. Most important advantages of this are new … the main determinants of German FDI inflows in Turkey, but also to increase our understanding of the relationship between … FDI and its determinants. The conceptual framework used in this study was firstly designed by Dunning and became known as …

Persistent link: https://www.econbiz.de/10012010608

Drivers of divestment decisions of multinational enterprises : a crosscountry firm-level perspective

Borga, Maria; Ibarlucea Flores, Perla; Sztajerowska, Monika - 2020

Divestment by multinational enterprises is an important yet understudied phenomenon. The few available estimates indicate that about a fifth of all foreign affiliates are divested every five years. This paper presents the findings from a novel cross-country firm-level dataset with financial and...

Persistent link: https://www.econbiz.de/10012147280

Bilateral investment treaties do work: Until they don't

Aisbett, Emma; Busse, Matthias; Nunnenkamp, Peter - 2016

claims by investors on FDI flows to the responding host country. We study this question using a comprehensive dataset of FDI … compensation claims against a host on inward FDI flows from BIT-partner and non-partner countries. Focusing on these differences … control for unobserved changes in the host-country investment climate. We find that BITs stimulate bilateral FDI flows from …

Persistent link: https://www.econbiz.de/10011414225

Economics and politics of international investment agreements

Horn, Henrik; Tangerås, Thomas - 2016

This paper investigates the design and implications of international investment agreements. These are ubiquitous, potent and heavily criticized state-to-state treaties that protect foreign investment against host country policies. We show that optimal agreements cause national but not global...

Persistent link: https://www.econbiz.de/10011917016

Investment treaty reform when regulatory chill causes global warming

Horn, Henrik - 2023

It is often claimed that investment treaties will dissuade host countries from phasing out foreignowned CO2-intensive production. This paper uses a very simple economic framework to examine how such a problem might be alleviated through treaty reform, including increased carve-outs from...

Persistent link: https://www.econbiz.de/10014542129

Investment treaties and the replacement of stranded investment

Horn, Henrik; Sanctuary, Mark - 2024

Halting the ongoing global loss of biodiversity will require extensive phase-out of harmful production. A significant share of the affected production will be foreign-owned, and can therefore potentially be covered by investment treaties. These treaties are sometimes alleged to dissuade host...

Persistent link: https://www.econbiz.de/10014542137

Investment treaties and the threat to biodiversity

Horn, Henrik; Lavenius, Axel; Sanctuary, Mark - 2024

Protecting biodiversity will require the phase-out of harmful production at a large scale. However, some of these stranded investments will be foreign-owned, and can therefore be protected by the more than 2,600 investment treaties that are in force worldwide. These treaties' compensation...

Persistent link: https://www.econbiz.de/10014581246

The Economics of Investor Protection: ISDS versus National Treatment

Kohler, Wilhelm; Stähler, Frank - 2016

This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...

Persistent link: https://www.econbiz.de/10011451386

Investor-State Dispute Settlement and Multinational Firm Behavior

Schjelderup, Guttorm; Stähler, Frank - 2020

This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...

Persistent link: https://www.econbiz.de/10012314819

A general model of international tax competition with applications

Azacis, Helmuts; Collie, David R. - 2021

A general version of the ZMW model of international tax competition is presented that confirms and extends the results of the existing literature about the choice of tax policy instruments in the symmetric case when the tax externality is positive for both countries. In the asymmetric case when...

Persistent link: https://www.econbiz.de/10013272174