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Trade in intermediate goods as one possible link between rising trade and foreign direct investment is examined. To explain growing intermediate goods trade, three hypotheses are brought forward: outsourcing, global sourcing and the increasing importance of MNE networks. These hypotheses are...
Persistent link: https://www.econbiz.de/10011473479
The paper analyzes the effects of increasing capital market integration on production and market structures, trade and capital flows as well as national and global welfare. In order to facilitate the analysis of the integration process, three stages of capital market integration are defined....
Persistent link: https://www.econbiz.de/10011474172
We use a unique cross-section survey of manufacturing firms from four European countries (France, Germany, Italy, Spain) linked with balance sheet data to study the relationship between key aspects of globalization and firm-level markups. The main results are: (i) Exporting is positively...
Persistent link: https://www.econbiz.de/10011514354
use the implementation of China’s Two Control Zone (TCZ) policy as a “quasi-natural experiment”, using detailed firm level …
Persistent link: https://www.econbiz.de/10014343067
foreign investors. We employ a discrete-choice model and Poisson regressions to control for the potential violation of the … concentration of FDI in a few locations could fuel regional divergence in post-reform India. -- FDI ; economic geography ; location …
Persistent link: https://www.econbiz.de/10003971872
The previous literature provides a highly ambiguous picture on the impact of trade and investment agreements on FDI … of modalities on the admission of FDI and dispute settlement mechanisms in both RTAs and BITs on bilateral FDI flows … between 1978 and 2004. We find that FDI reacts positively to RTAs only if they offer liberal admission rules. Dispute …
Persistent link: https://www.econbiz.de/10008652617
investment treaties as a possible determinant of BIT-related effects on bilateral FDI flows. Our estimation results prove to be … dispute settlement provisions do not necessarily result in higher FDI inflows so that the effectiveness of BITs as a credible … commitment device remains elusive. -- Dispute Settlement ; BITs ; FDI flows …
Persistent link: https://www.econbiz.de/10003956967
FDI projects are likely to depend on their relative bargaining position vis-à-vis the host country. India provides an … respective effects on ownership decisions since opening up its economy to FDI in the early 1990s. We perform negative binominal … regressions by making use of a unique dataset on about 24,500 technical cooperation and FDI projects by investors from 45 …
Persistent link: https://www.econbiz.de/10009152778
countries over the last decades are consistent with tougher international competition for foreign direct investment (FDI). To … make this point we develop a model in which governments compete for FDI using corporate tax rates and tax bases. The model …
Persistent link: https://www.econbiz.de/10009302814
. Employing conditional logit models, we find that clustering of FDI is driven strongly by herding among investors from both, the … different from the general pattern. -- Location choice ; FDI ; country of origin ; Indian districts ; conditional logit …
Persistent link: https://www.econbiz.de/10008990900