Search results for " direct investment"
showing 10 items of 122 documents
The Veblen-Gerschenkron Effect of FDI in Mezzogiorno and East Germany
2003
The presence of foreign multinational enterprises (MNEs) can benefit local economies. In particular, if MNEs are very productive compared to domestic firms, they may promote learning and catch-up of local firms. Such a channel of spillovers from MNEs to local firms is known as the Veblen-Geschenkron effect. Rather than the overall density of MNEs in a region or sector, it is their initial productivity advantage on the local firm to determine the positive effect on domestic productivity growth. We test this hypothesis using firm level data for German and Italian companies during the 90's and we find evidence of a significant and robust Veblen-Gerschenkron effect.
Ārvalstu tiešo investīciju un to ietekmējošo faktoru analīze Latvijā
2016
Ekonomiskās attīstības būtisks priekšnosacījums ir investīcijas, ilgtermiņā īpaši ārvalstu tiešās investīcijas. Maģistra darba mērķis ir, balstoties uz ārvalstu tiešo investīciju un to ietekmējošo faktoru analīzi, izstrādāt priekšlikumus ārvalstu tiešo investīciju piesaistei Latvijas ekonomikā. Maģistra darba pētījumā, pamatojoties uz teorētisko aspektu izpēti, ārvalstu tiešo investīciju analīzi dažādos griezumos, vektoru autoregresijas un vektoru kļūdu korekcijas modeļu rezultātiem, izmantojot ceturkšņa datus no 2000. līdz 2015.gadam, secināts, ka īstermiņā un ilgtermiņā uzkrātās ārvalstu tiešās investīcijas Latvijā pārliecinoši pozitīvi ietekmē iekšzemes kopprodukts un eksports, to apstip…
Humanities and Social Sciences. Latvia: Vol. 29, N 1 (Spring-Summer 2021)
2021
Good and useless FDI: The growth effects of greenfield investment and mergers and acquisitions
2017
We explore the effect of foreign direct investment (FDI) on economic growth, distinguishing between mergers and acquisitions (M&As) and “greenfield” investment. A simple model underlines that, unlike greenfield investment, M&As partly represent a rent accruing to previous owners, and do not necessarily contribute to expanding the host country's capital stock. Greenfield FDI should therefore have a stronger impact on growth than M&A sales. This hypothesis is supported by our empirical results that are based on a panel of up to 127 industrialized, emerging, and developing countries over 1990 to 2010.
For Whom is MAI? A Theoretical Perspective on Multilateral Agreements on Investments
2001
Why do we observe some LDCs objecting the prospect of a Multilateral Agreement on Investment (MAI), although they have been keen to liberalize investment in preferential agreements in recent years? In this paper, we analyse the issue of MAI implementation and assess the welfare consequences of such kind of agreements. In our model, participation to MAI involves a trade-off between less rent extraction from multinational firms (MNEs) and more abundant FDI inflows. At equilibrium, either all countries enter MAI, or all countries stay out, or only some of them enter. Coordination problems may induce multiple equilibria: the three typesof equilibria may coexist. So, the implementation of MAI ma…
Internet-based information and foreign direct investment (FDI) location decision making: An information cost perspective
2012
Published version of an article in the journal: African Journal of Business Management. Also available from the publisher at: http://dx.doi.org/10.5897/AJBM11.1203 Open Access Information and communication technology (ICT) is considered to play an important role to reduce information cost for potential foreign investors. While a growing body of literature has suggested such connections, conceptual clarity is yet to be achieved. This study introduces a conceptual framework based on the Information-theoretic approach and transaction cost perspective to explore how ICT may reduce information cost. To illustrate our proposed framework, we apply it to examine the role of Internet-based informati…
CRISIS: EFFECTS IN THE ECONOMIC AND SOCIAL FIELD
2010
This paper aims to examine how issues relating to the economic crisis on society nationally and internationally. It reflects its own analysis based on own research aspect based on several macroeconomic indicators. To this end I studied the relationship between financial crisis – the economic crisis – social crisis – political crisis.
The Determinants of Foreign Direct Investment and Labor Productivity in the Manufacturing Industry of Vietnam - The Firm-Level Data Evidence
2020
Foreign direct investment (FDI) has become an essential source for the economic growth and development of many developing countries. FDI can deliver financial capital, a strategic way to access the global market, a channel to transfer technology and skills to the host country. Many developing countries pay attention to attracting FDI as an important issue. The first objective of this study is to investigate the determinants of FDI in the manufacturing industry in Vietnam by finding out the differences in characteristics between FDI and local enterprises and then examining the business climate factors which affect the operations of foreign-invested firms. Finding the importance of export and…
INCREASING COMPETITIVENESS AND JOBS THROUGH FOREIGN DIRECT INVESTMENTS
2013
After 3 years of collapse, foreign direct investments (FDI) have reached a minimum level of the last 9 years, in 2011, meaning 1, 94 billion Euros, below the 2003 level. In the first 10 months of 2012, foreign direct investments have reached a level of 1,27 billion Euros, surpassing the similar period last year, as the economic growth was centered around 0,5 %. At this time, foreign direct investments represent one third of the current account deficit. Romania is objectively reliant on foreign capital due to its low degree of internal saving. Investors have chosen the automotive industry in Romania, a sector deemed competitive, due to cheap labor force, large market and substantial state ai…
Ārvalstu tiešo investīciju ietekme uz Latvijas ekonomiku
2019
Bakalaura darba tēmas „Ārvalstu tiešo investīciju ietekme uz Latvijas ekonomiku” galvenais mērķis ir izpētīt ārvalstu tiešo investīciju vidi Latvijā un novērtet ĀTI ietekmi uz tādiem makroekonomiskeim faktoriem kā eksporta apjoms, nodarbinātība, bezdarbs, valsts nodokļu ieņēmumi. Balstoties uz statistiskiem datiem, tika novērtēts ārvalstu uzņēmumu eksporta īpatsvars kā daļa no kopēja eksporta apjoma Latvijā, kā arī novērtēti ārvalstu investoru nodokļu maksājumi Latvijas valsts budžetā. Veicot lineārās regresijas analīzi, tika izpētīta ĀTI ietekme uz Latvijas bezdarba līmeni un nodarbināto iedzīvotāju skaitu katrā nozarē. Analīzes ietvaros izmantoti statistikas dati par laika posmu no 2000. …