Showing 181 - 190 of 99,700
The empirical literature on the institutions-FDI nexus has treated the influence of institutions individually despite … has a positive influence on FDI flows, while the quality of public administration has a surprisingly negative influence …
Persistent link: https://www.econbiz.de/10012944799
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern … vertical FDI. The market-seeking strategy appears to be more important than factor-proportion related motivations; however, the … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …
Persistent link: https://www.econbiz.de/10013051267
We show that recent methodological advances in econometric theory raise questions about the results obtained by some influential contributions on the determinants of international investment patterns, since the seminal paper by Lane and Milesi Ferretti (2008) (LMF). In most such contributions,...
Persistent link: https://www.econbiz.de/10013058024
investments. In addition, most recent studies have examined the effect of International Trade Agreements (TAs) on FDI flows as … domestic institutions, on FDI inflows. Statistical analyses for 122 developing countries from 1970 to 2005 support this … in sample. The results state that (1) More the FTA-CU concluded, larger the amount of FDI inflows are attracted into the …
Persistent link: https://www.econbiz.de/10013059643
This study investigates the extent to which diplomatic relations affected merger and acquisition (M&A) activities in the European Union during the years 2001- 2019. Implementing a gravity model, we find a U-inverted relationship between diplomatic distance and M&A activities: (i) a worsening in...
Persistent link: https://www.econbiz.de/10012549998
The paper develops a stand-alone structural gravity model for explaining bilateral FDI patterns. We employ the model to … bilateral foreign direct investment (FDI). We use the UNCTAD global database on bilateral FDI stocks and flows. To control for … increases bilateral FDI stocks by around 30%. Nevertheless, we also find that ‘deeper' or comprehensive PTAs (e.g., including …
Persistent link: https://www.econbiz.de/10012827263
The gravity model has provided a tractable empirical framework to account for bilateral flows not only of manufactured goods, as in the case of merchandise trade, but also of financial flows. In particular, recent literature has emphasized the role of information costs in preventing larger...
Persistent link: https://www.econbiz.de/10009781901
This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the … gravity framework on annual bilateral FDI data for almost every country in the world, over 1985-2018, we find EU membership … leads FDI into the host economy to be about 60% higher for investment from outside the EU, and around 50% higher for intra …
Persistent link: https://www.econbiz.de/10012288695
with only occasional relapses. Yet, FDI liberalisation remains an unfinished agenda in various parts of the world and … FDI positions and cross-border M&A activity to FDI restrictions as measured by the OECD FDI Regulatory Restrictiveness … Index. Results suggest that reforms liberalising FDI restrictions by about 10% as measured by the Index could increase …
Persistent link: https://www.econbiz.de/10012147278
Holdings of cross-border bilateral assets are highly responsive to information frictions, market size, transaction costs, and trade ties. But empirical support using transactions data are constrained by the lack of comprehensive bilateral capital flows data covering large sample of economies for...
Persistent link: https://www.econbiz.de/10012913545