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Internationalisierung der Wettbewerbspolitik: Korrelat zur internationalen Handelspolitik?

Koopmann, Georg - 2000

Die Liberalisierung und Integration von Märkten kann zu einer deutlichen Verstärkung negativer externer Effekte der Wettbewerbspolitik der Behörden und der Wettbewerbsstrategien der Unternehmen eines Landes in anderen Ländern führen. Dieser Entwicklung könnte durch eine...

Persistent link: https://www.econbiz.de/10010295604

Defining investment additionality for CDM projects: Practical approaches

Langrock, Thomas; Michaelowa, Axel; Greiner, Sandra - 2000

The environmental integrity of the CDM under the Kyoto Protocol depends on the possibility to avoid giving emission credits to projects that would have happened anyway. Whether and how ?Investment Additionality? of CDM projects has to be determined is currently part of climate negotiations. We...

Persistent link: https://www.econbiz.de/10010295606

Culture and finance in a globalised world – An uneasy relation

Reszat, Beate - 2000

thereby also perhaps their influence on the culture world: The ever-increasing proportion of financial decisions made in so …-called 'non-places' and the role of finance in a virtual world. … Finanzzentren der Welt in immer stärkerem Wettbewerb zueinander stehen, und Kultur ist ein bestimmendes Element der …

Persistent link: https://www.econbiz.de/10010295611

Why do we need a general agreement on movements of people (GAMP)?

Straubhaar, Thomas - 2000

This paper argues that global games need global rules. Times of globalisation call for an international framework to regulate efficiently international movements of people. More than ever before, migration is a global phenomenon. This paper discusses the economic necessity of a shift from...

Persistent link: https://www.econbiz.de/10010295618

FDI versus cross-border financial services: The globalisation of German banks

Buch, Claudia M.; Lipponer, Alexander - 2004

The choice between foreign direct investment (FDI) and exports has been a recurrent theme in the literature on international trade, yet few studies have analysed this choice at the level of the individual firm. This paper uses a new dataset to study the FDI-versus-exports decision for banks. We...

Persistent link: https://www.econbiz.de/10010295632

Consumption Smoothing Across States and Time: International Insurance vs. Foreign Loans

von Furstenberg, George M. - 2004

When countries, and macroeconomic models, open up to international capital markets, the welfare gains available through completion of financial markets for contingencies potentially are much greater than those available from access to noncontingent international borrowing. Intercasual insurance,...

Persistent link: https://www.econbiz.de/10010295640

International diversification at home and abroad

Cai, Fang; Warnock, Francis E. - 2005

We analyze foreigners' and domestic institutional investors' positions in U.S. equities. Controlling for many factors, we uncover a common preference for large firms and firms that are diversified internationally. The domestic preference for internationally diversified firms implies that...

Persistent link: https://www.econbiz.de/10010295674

Multinational enterprises international trade, and productivity growth: Firm-level evidence from the United States

Keller, Wolfgang; Yeaple, Stephen R. - 2005

We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between the years of 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity gains for domestic firms. The size of FDI...

Persistent link: https://www.econbiz.de/10010295675

Business cycles and FDI: evidence from German sectoral data

Buch, Claudia M.; Lipponer, Alexander - 2005

Globalization has effected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...

Persistent link: https://www.econbiz.de/10010295678

Firm-level evidence on international stock market comovement

Brooks, Robin; Del Negro, Marco - 2005

We explore the link between international stock market comovement and the degree to which firms operate globally. Using stock returns and balance sheet data for companies in 20 countries, we estimate a factor model that decomposes stock returns into global, country-specific and industry-specific...

Persistent link: https://www.econbiz.de/10010295679