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Foreign subsidiary performance and market efficiency effects are estimated and confronted in this paper using a rich … reduced market efficiency within the period of study and across the industries and entry modes investigated on average …. Controlling for competition (which is found to have a negative effect on efficiency) the paper documents significant intra …
Persistent link: https://www.econbiz.de/10011430827
Central European transition countries. Export demand became the main driving force of manufacturing FDI as opposed to local …. FDI effects on structural upgrading can be traced by using a combination of various approaches and sources of information … distribution of FDI stocks is analysed. For further industrial characteristics we rely on a database comparing the performance of …
Persistent link: https://www.econbiz.de/10012100047
Für westeuropäische Unternehmen im Allgemeinen und für westeuropäische kleine und mittlere Unternehmen (KMU) im Besonderen bildete die politische und wirtschaftliche Marktöffnung in Mittel- und Osteuropa (MOE) zu Beginn der 1990er Jahre und die Integration vieler dieser...
Persistent link: https://www.econbiz.de/10010311064
After a long period in which state-led development was the dominant economic paradigm, since the 1980s private sector development has been the focus for economic policy makers. It is probably no coincidence that economic growth, stagnant for a few decades in much of the developing world, took...
Persistent link: https://www.econbiz.de/10011430885
This study investigates the determinants of FDI in Austria, as well as their spillovers to innovating technologies …-secondary nontertiary education. The study also finds that there are positive spillovers of FDI to the domestic economy, which are strongest … of trade increases investment in foreign-owned subsidiaries in Austria, and that FDI is pre-dominantly carried out in …
Persistent link: https://www.econbiz.de/10014374268
This paper examines the motives behind foreign direct investment (FDI) in a group of four CIS countries (Ukraine … the majority of supplies from international sources. For this reason, the possibility for spillovers arising from … cooperation with foreign-owned firms in the CIS is rather low at this time. The lack of efficiency-seeking investment poses …
Persistent link: https://www.econbiz.de/10011430812
traced to increased efficiency, i.e., total factor productivity, in the use of capital and other resources via, inter alia … institutional reforms have played a more significant role in raising economic output and efficiency in Lithuania than in Belarus …
Persistent link: https://www.econbiz.de/10013429074
Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account...
Persistent link: https://www.econbiz.de/10011606240
, Latvia, Lithuania, Poland, Sweden, and Russia. We investigate foreign direct investment (FDI) flows from 1995 to 2010 to … these countries econometrically. We use two basic models: the first one treats aggregate FDI inflows by countries, and the … second focuses on bilateral FDI flows between country pairs. Because of limitations in data availability, the second model is …
Persistent link: https://www.econbiz.de/10012037621
This paper examines the causal link between foreign investment and firm performance in six small open economies in the European Union. Specifically, using micro data for manufacturing and services over the period 2001–2009, we analyse the effects of foreign mergers and acquisitions on labour...
Persistent link: https://www.econbiz.de/10012037626