This paper investigates the effect that tight credit conditions had on outward foreign direct investment flows during the 2008-2010 global financial crisis. A difference-in-differences approach is used to isolate a "credit channel" impact of the global financial crisis on foreign direct...

This paper examines how financial development influences foreign direct investment. The direct and indirect sector-specific effects that source countries' financial development and destination countries' financial development can have on foreign direct investment are first identified in a...

We study whether restrictions concerning the mode of implantation of multinational firms (MNCs) are desirable for a developing country in terms of its technology acquisition strategy. More precisely, we aim at determining under which conditions domestic equity ownership constraints imposed on...