Search results for "FDI"
showing 10 items of 30 documents
Leadership in internationalization strategies
2022
This paper examines leadership in internationalization strategies for an asymmetric cost duopoly where firms choose between exports and foreign direct investment (FDI) in a sequential setting. The incentive to lead and to engage in FDI is stronger for the more efficient firm. With sequential choices and the efficient firm playing in advance, it is less likely that firms pick identical internationalization strategies in equilibrium, as compared with simultaneous choices; this is more so for greater cost asymmetry. It also happens for large enough oligopoly profitability when the inefficient firm plays in advance. Follow-the-leader behaviour in FDI arises for low values of the setup cost. Alt…
Externalidades de la inversión directa exterior sobre la actividad emprendedora local : un enfoque institucional en Latinoamérica
2013
Externalidades de la Inversión Directa Exterior sobre la actividad emprendedora local: Un enfoque institucional en Latinoamérica RESUMEN Cada vez es más prolífero el avance de la investigación académica de economistas y analistas políticos, sobre el papel que desempeñan las empresas multinacionales (MNE) en el desarrollo de las economías emergentes. Sin embargo, la contribución de los académicos en negocios internacionales en este sentido es algo escasa, especialmente considerando la importancia que su aporte puede significar en la materia. Surge entonces, el reto de profundizar y contribuir desde esa disciplina al debate actual, y el presente trabajo, propone abordarlo desde una perspectiv…
Generalized Logical Operations among Conditional Events
2018
We generalize, by a progressive procedure, the notions of conjunction and disjunction of two conditional events to the case of n conditional events. In our coherence-based approach, conjunctions and disjunctions are suitable conditional random quantities. We define the notion of negation, by verifying De Morgan’s Laws. We also show that conjunction and disjunction satisfy the associative and commutative properties, and a monotonicity property. Then, we give some results on coherence of prevision assessments for some families of compounded conditionals; in particular we examine the Frechet-Hoeffding bounds. Moreover, we study the reverse probabilistic inference from the conjunction $\mathcal…
AN ANALYSIS ON THE FDI FLOWS FROM EMERGING ECONOMIES TO EUROPE AND THEIR IMPACT
2014
After a concise setting of the context (by emphasizing on the FDI flows dynamics at the beginning of the 21st century through the lens of: annual inward and outward FDI flows between 2001 and 2013; annual contribution to IFDI flows and, respectively, to OFDI flows by group of countries – developed versus developing and transition ones), the paper analyzes the emerging market economies and the dynamics of their FDI flows (by using contextualization and comparisons). The main aspects targeted are: the dynamics of the outward FDI flows from EMEs comparative to the dynamics of the global outward FDI flows on annual basis, and the evolution of the specific weight of OFDI flows from EMEs in globa…
Impact of e-government on transaction cost and FDI inflows: A proposed conceptual framework
2011
Published version of an article in International Journal of Business and Management, 6(11), 285-296. Also available from the publisher at http://dx.doi.org/10.5539/ijbm.v6n11p285 Although vast normative e-government literature supports the assertion that implementation of e-government reduces transaction cost and promotes Foreign Direct Investment; empirical evidence to support this thesis is limited. Even more, there is limited attempt when studying this phenomenon to integrate e-government literature with other literatures in which major constructs of interest are rooted. This article contributes to reducing this gap by establishing a conceptual framework that integrates e-government lite…
Exchange Rate Volatility and FDI in the EMU Neighborhood Countries
2008
The purpose of this paper is to analyze the role of exchange rate volatility in explaining the evolution of FDI inflows in the EMU neighbourhood countries. Examining the question in the framework of an empirical model that considers the major macroeconomic determinants of FDI, the results of the paper suggest that the effect of exchange rate volatility on FDI crucially depends on a country’s degree of openness. In fact, while exchange rate volatility has positive or null effect for relatively closed economies, it has a negative impact on economies with a high level of openness. This result is particularly relevant for transition economies (Emerging Europe and CIS) and is robust to the use o…
EMNCS – LESSONS ON THE WAY TO AN INNOVATION-BASED DEVELOPMENT. EMPIRICAL FINDINGS
2015
The main focus of (the two parts of) this article is on the emerging countries and their development paths. Particularly, it emphasizes on the role and contribution of innovation (of all kinds, in all its forms) for multinational companies from emerging economies (EMNC); the entire research endeavor is placed under the auspices of the knowledge-based society – the one that makes knowledge the ultimate source of power, enabling entities to use and potentially multiply it at the same time at global scale. Analyzing the situation of some emerging economies (starting from their best ranked multinationals), the article draws some empirical and theoretical conclusions on the ways knowledge and in…
Dziļas un visaptverošas brīvās tirdzniecības nolīguma loma ārvalstu tiešo investīciju plūsmās no ES uz Gruziju un Moldovu
2018
Šajā maģistra darbā tiek izvērtētas un analizētas savstarpējās attiecības starp padziļinātajiem un visaptverošajiem brīvās tirdzniecības līgumiem (DCFTA), kas ir parakstīti starp ES-Gruziju un ES-Moldovu, kā arī apskatīti ārvalstu tiešie ieguldījumi (FDI) no Eiropas Savienības uz uzņēmējvalstīm Gruziju un Moldovu. Izmantojot parakstīto Asociāciju piekrišanas (Asssociation Agreement) materiālu kvalitatīvajā kontentanalīzē, tas paplašina ieskatu tirdzniecības līgumu attiecībās un FDI kustībā un apritē Austrumu partneru valstīs, t.i., Gruzijā un Moldovā, saistībā ar šo valstu tirdzniecības attiecībām ar Eiropas Savienību. FDI nozīmīguma loma ekonomikas attīstībā pasaulē ir ievērojumi augusi. N…
Foreign Direct Investment Drivers in Romania
2013
Foreign Direct Investment (FDI) represents a condition sine qua non for a sustainable development of Romania, taking into consideration the fact that the domestic capital is not enough to assure a positive and significant growth. The present study uses the multiple linear regression to determine the main factors which influence FDI level in Romania. The international reserve and the capital market index BET have a direct and positive impact on the foreign investment flow, while the short, medium and long private and public external debt proved to influence direct, but in a negative way, the FDI.
Essays on Corruption
2021
Paper III and Paper IV is not published yet. Corruption is blamed for reductions in operational efficiency, information asymmetry, limited income distribution, policy failure, and weak economic growth and development. Corruption can originate from either the “demand-side” (the recipients of the bribe) or the “supply-side” (the givers of the bribe). This double edge effect of corruption on the economy and society makes it a multidisciplinary subject and phenomenon. Thus, scholars from different fields and disciplines, such as finance, banking, economics, accounting, law, foreign aid, and international business, examined and analyzed corruption as a multidisciplinary subject. In this disserta…