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Existing evidence on the impact of foreign direct investment on domestic economies remains ambiguous. Positive technology spillovers of foreign investment may be outweighed by negative crowding out effect due to increased competition. In this paper, we employ a unique country/sector-level data...
Persistent link: https://www.econbiz.de/10011989261
Foreign direct investment (FDI) projects are assumed to be accompanied by potential external effects - so-called FDI spillovers - which are supposed to affect productivity levels of other firms in a host country. Empirical results on this topic are inconclusive and most studies focus on one...
Persistent link: https://www.econbiz.de/10011947819
This paper examines the impact of membership in the European Union on foreign direct investments (FDI). In contrast to previous studies, the overall effect of EU membership is disaggregated by countries that joined the EU before 2004 (EU15) and those that joined after 2004 (CEE). This...
Persistent link: https://www.econbiz.de/10014444246
Purpose: The goal of the paper is to investigate the long run effect of both foreign direct investments and domestic investments on the unemployment in 21 emerging economies over the period 1994-2014. Design/methodology/approach: The effect of domestic and foreign direct investments on...
Persistent link: https://www.econbiz.de/10011824309
endogenous policy constraints on both foreign direct investment and migration. Factor price differences between industrialized … and developing countries create economic incentives for migration to developed countries and for capital flows to less … factor flows. -- Demographic Change ; Political Economy ; Migration ; Foreign Direct Investment …
Persistent link: https://www.econbiz.de/10003889091
This paper explores local and global dynamics underlying the development of knowledge services clusters, which we define as new geographic concentrations of technical talent and service providers offering upstream technical and knowledge-intensive business services to regional and global...
Persistent link: https://www.econbiz.de/10013133184
The mid-nineteenth century set the stage for one of the most successful process of foreign investment in Latin America and particularly in Colombia, at least from the perspective of foreign investors: the construction and operation of the Panama Railroad Co. However, unlike other similar...
Persistent link: https://www.econbiz.de/10013115108
To examine the effects of heterogeneous labor mobility on the distribution of industries and analyze the subsidy policy for attracting firms, this paper develops an analytically solvable new economic geography model, which incorporates heterogeneous locational preferences and an intra-industry...
Persistent link: https://www.econbiz.de/10013119673
Со второй половины прошедшего десятилетия в экономике России возникло относительно новое явление – массированный вывоз прямых инвестиций (сопоставимый с...
Persistent link: https://www.econbiz.de/10013098443
Inflows of remittances to Pakistan are being increasingly viewed as a relatively attractive source of external finance, one that can help to foster development and manage economic shocks. Remittances have become a major source of revenue, surpassing the volume of FDI and official development...
Persistent link: https://www.econbiz.de/10013082316