Foreign direct investment has been of large importance in economic growth and global economic integration over the last decades. South East Asia has been part of this development with rapidly increasing inflows of FDI. However, there are large variations over time and between countries in the...

Forest industry has undergone profound changes since the 1990s. Industry-level consolidation and the rise in international investments are the most noticeable features of this process. Based on reviewing internationalization from internalization and transaction cost, resource based, industrial...

In this chapter I explain an innovative modeling approach that incorporates services, foreign direct investment (FDI) and endogenous productivity effects from services. I begin with a small stylized model to help understand the fundamental economics. The model shows that services liberalization...

In this study we examine the dynamic causal relationship between foreign direct investment (FDI) and economic growth in Zimbabwe using the modern time-series techniques. Specifically, we employ the ARDL-bounds testing approach to examine the FDI-growth linkage. We also employ the...

Economic theory suggests that FDI reinforced economic growth leading to economic development. The present paper analyses four macroeconomic factors that are affecting FDI inflows in Jordan. However, it examines the long-run and short-run causality relationships among inflation rate (INF), gross...

We build on the work of Edith Penrose to develop a resource-based perspective to the theory of the transnational corporation (TNC). We suggest that trans-border geographical diversification is the result of endogenous growth processes, firms' "productive opportunity", limits to domestic...

Economic growth in Australia has outperformed that in most other OECD countries over the past couple of decades. This paper investigates the factors contributing to economic growth in Australia over the period 1986-2007. Particular focus is placed on the impact of external linkages. A major...

The aim of the paper is to provide an alternative explanation of current flows of FDI to the various Eastern European Countries. The aim is to enrich the current literature on economics of transition with a different perspective. Thus, the author argues that the current situation is a reflection...

In recent years, cross-border acquisitions have been placed in the centre of the present research agenda on Transnational Corporations (TNCs). In this context an important issue is the comparison between cross-border acquisitions and Greenfield investments. Another issue is the comparison...