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This paper aims at overcoming several shortcomings of previous empirical studies on the relationship between IPR protection and FDI. First, FDI is analyzed on a sectorally and regionally disaggregated level. Second, we address the proposition that stronger IPR protection raises not only the...
Persistent link: https://www.econbiz.de/10014076267
that while control/influence is a better indicator of the effectiveness of foreign association through investment in risk … capital, since foreign investors' objectives in exercising that control/influence could differ significantly between financial … investors and others, a case-by-case approach is preferable in case of sectors where foreign control is seen to be inimical to …
Persistent link: https://www.econbiz.de/10013075614
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their … composition of external portfolio liabilities, the nature of foreign direct investment, and the growth of financial globalization …
Persistent link: https://www.econbiz.de/10012843191
officials (bribes) on foreign ownership of firms in Africa while controlling for other variables outside the country of origin … probit estimation techniques were used. The results indicate that the percentage of total annual sales of the firm paid as … informal payments to the public officials has a negative and highly significant impact on foreign ownership of firms in Africa …
Persistent link: https://www.econbiz.de/10014131578
foreign investors, China has recently allowed major increases in foreign investment in its domestic bond market. China … carefully controlled the entrance of foreign investors into its market, first allowing in relatively stable long-term investors … like central banks before allowing in flightier investors like mutual funds. Foreign investors increasingly treat Renminbi …
Persistent link: https://www.econbiz.de/10013295962
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their … currency composition of external portfolio liabilities and the nature of foreign direct investment. Finally, we provide …
Persistent link: https://www.econbiz.de/10014351933
domestic and global factors. I estimate six VECM models, one for each Latin American country plus the Euro Area, Japan, and USA …-run relations linking net foreign assets (NFA) to the other variables of the model. The results show that in the long-run external … American NFA. Although all previous studies focus on North-American economic influence, one striking result of this paper is …
Persistent link: https://www.econbiz.de/10012728441
Persistent link: https://www.econbiz.de/10013261021
towards foreign capital that the accession states have attained so far on the basis of the correlation between domestic saving … and investment. A comparison with the southern members of the EU shows that the countries under review have reached a …
Persistent link: https://www.econbiz.de/10011474898
real exchange rate. This paper applies dynamic system generalized methods of moments (GMM) estimation techniques to … empirically find different effects of foreign direct investment (FDI) inflows into the main economic sectors on the real exchange …
Persistent link: https://www.econbiz.de/10011904433