Search results for "host country"
showing 5 items of 25 documents
Concepts and Framework
2014
Alongside defining the term ‘event’, the relevant literature has developed five characteristics for distinguishing events: (1) the event schedule, (2) the event strategy, (3) the event period, (4) the event content and (5) the event size (Preuss et al., 2009, 26). While singular events in the area of art and culture (including historical jubilee celebrations and concerts) are considered as being of vital importance, singular events in sports are rather an exception and comparatively limited (ibid.) Events in the area of sport are typically considered as regularly held events within an event series (Kurscheidt, 2006). It is however to be differentiated between guest-events being held from a …
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.
International Student Migration in Finland
2021
There is increasing attention on the retention of international students with many stakeholders desiring to keep international students for long-term economic growth. This study examines the factors affecting international students to stay in Finland five years after initial enrolment with particular focus on the role graduation plays in students staying or leaving. Tracking 11 (years) entering cohorts for five years across national (Finland) data registries, we found evidence of an inverse relationship between graduation, degree type, and the probability of staying; higher the degree level of graduation, the decrease in probability an international student stays. We conclude that while gra…
Are Energy Market Integrations a Green Light for FDI?
2015
This paper studies the effect of energy market integration (EMI) on foreign direct investment (FDI). EMIs diminish energy uncertainty and price volatility in the host country and affect FDI through two channels: first, by harmonizing energy prices and, second, by reducing price dispersion. FDI may, as a result, increase both within and outside the EMI area, through energy stability mechanisms and price mechanisms, respectively. An empirical application on a global dataset including bilateral FDI data, during 2003-2012, using the gravity equation, shows that the integration of Portugal and Spain's electricity market in 2007 increased the amount of FDI's participants. Additionally, a positive…
Has Multiculturalism Failed in Europe? Migration Policies, State of Emergency, and Their Impact on Migrants’ Identities in Italy
2014
This chapter analyzes migration policies in Italy within the larger frame of the debate on multiculturalism and its failure in Europe. The first part focuses on the exceptional flow of migrants that after the recent conflicts in Northern Africa was directed toward Europe across the Italian coast. The emergency raised issues for the defense of territories, social security, and preservation of identity. The author demonstrates the inefficiency of the Italian migration and emergency policies that has been adopted at the arrival of undocumented migrants from Northern Africa in 2011. The chapter uses the case of Italy to show the weakness of Europe in developing effective forms of coexistence an…