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Registros recuperados: 29
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Option Value, Policy Uncertainty, and the Foreign Direct Investment Decision AgEcon
Chen, Yu-Fu; Funke, Michael.
In this paper we analyse the impact of policy uncertainty on foreign direct investment strategies. The paper follows the real options approach, which allows to investigate the value to a firm of waiting to invest and/or disinvest, when payoffs are stochastic due to political uncertainty and investments are partially reversible. Across the board we find that political uncertainty can be very detrimental to FDI decisions.
Tipo: Working or Discussion Paper Palavras-chave: Real options; Investment; Foreign Direct Investment; Political Uncertainty; International Relations/Trade; D81; D92; E22; F21.
Ano: 2003 URL: http://purl.umn.edu/26373
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Assessing the Constraints and Opportunities for Private-Sector Participation in Activities Implemented Jointly: Two Case Studies from the US Initiative for Joint Implementation AgEcon
Powell, Mark R.; Lile, Ronald D.; Toman, Michael.
This paper assesses the constraints and opportunities for private-sector participation in Activities Implemented Jointly under the United Nations Framework Convention on Climate Change. After some initial background, the discussion turns to the United States Initiative on Joint Implementation (USIJI) - its objectives, proposal review and evaluation criteria, and a classification of project proposals by project type and stage of development. Two USIJI projects are developed as case studies. One case is an energy end use project that has gained formal acceptance and financing. The other case is an energy production project proposal that has not secured acceptance or financing. In both cases, transaction costs were substantial, and project proponents regarded...
Tipo: Working or Discussion Paper Palavras-chave: Climate change; Joint implementation; Public Economics; Q28; F21.
Ano: 1997 URL: http://purl.umn.edu/10555
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Impact of Foreign Intellectual Property Rights Protection on U.S. Exports and FDI AgEcon
Gu, Weishi.
This version of the paper is subject to changes.
Tipo: Conference Paper or Presentation Palavras-chave: Export; FDI; Technology transfer; Intellectual property rights; GMM; International Development; International Relations/Trade; Research and Development/Tech Change/Emerging Technologies; C33; F21; F23; F14; O34; K33.
Ano: 2009 URL: http://purl.umn.edu/49414
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Tariff Liberalization, Wood Trade Flows, and Global Forests AgEcon
Sedjo, Roger A.; Simpson, R. David.
This paper examines the question of the likely effects on global forests of a further reduction in wood products tariffs including both solid wood products and pulp and paper, as has been proposed to the World Trade Organization (WTO) by the Asia Pacific Economic Community (APEC). The tariff reductions would be an extension of the tariff reductions associated with the Uruguay Round (Federal Register 1999). The questions include both how international trade is likely to change in response to further tariff reduction and also the implications for timber harvests and forests generally of such trade liberalization in the various forest regions. The paper finds that the evidence suggests further reductions in tariffs on forest products are likely to generate...
Tipo: Working or Discussion Paper Palavras-chave: International trade; Tariffs; Forest; Forest products; World Trade Organization; Resource /Energy Economics and Policy; F01; F21; F13; Q23.
Ano: 1999 URL: http://purl.umn.edu/10557
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Determinants of Foreign Direct Investment of OECD Countries 1991-2001 AgEcon
Gast, Michael W..
Using a fixed-effects panel data approach, FDI flows of 22 OECD countries are explained by gravity equations over the period 1991-2001. It is distinguished between all available observations, Intra-EU25 observations only, and observations not belonging to the EU25 area in order to control for EU-specific effects. Regressions are repeated with exports as dependent variable in order to capture diverging influences for trade flows. Changes in total market size and relative market size are important factors that lead both FDI and exports in the same direction. However, relative market size is only significant in the FDI equation when variation between the EU25 area and other investment is taken into account, thus indicating a concentration of FDI within...
Tipo: Conference Paper or Presentation Palavras-chave: Foreign direct investment and international trade; Multinational firms; Model with panel data; Agricultural Finance; F21; F23; F14; C23.
Ano: 2005 URL: http://purl.umn.edu/24595
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Local Communities in front of Big External Investors: An Opportunity or a Risk? AgEcon
Antoci, Angelo; Russu, Paolo; Ticci, Elisa.
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external investors and local communities with a focus upon the different strategies and income sources available to each category. In this context, analysis suggests that environmental regulations and incentives offered in order to attract external capital investment (whether foreign or national) may have an un-uniform impact on the two typologies of actors.
Tipo: Working or Discussion Paper Palavras-chave: Foreign Direct Investments; Environmental Negative Externalities; Structural Changes; Poverty Alleviation; International Development; F21; F43; D62; O11; O13; O15; O41; Q20.
Ano: 2010 URL: http://purl.umn.edu/98093
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Vertical Differentiation and Credence Goods: Harmonized Labeling and Gains from International Integration AgEcon
Sheldon, Ian M.; Roe, Brian E..
Using a model of vertical product differentiation, we show under what institutional circumstances welfare gains will be maximized as economies integrate and harmonize labeling and certification policies for credence goods. Specifically, we show that harmonized mandatory, exclusive discrete labeling will not maximize the gains from economic integration, i.e., the choice of labeling regime can have a negative effect on market structure if firms choose to exit, reducing the range and quality of goods in the integrated market.
Tipo: Conference Paper or Presentation Palavras-chave: Vertical differentiation; Credence goods; Harmonized labeling; Economic integration; International Relations/Trade; F12; F21; L13.
Ano: 2008 URL: http://purl.umn.edu/6340
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Trade costs and the pattern of Foreign Direct Investment: evidence from five EU countries AgEcon
Cardamone, Paola; Scoppola, Margherita.
Abstract According to the theoretical models of the multinational enterprise, trade costs play a fundamental role in determining the pattern of foreign direct investment (FDI). The aim of this paper is to assess the impact of trade policies on the outward stocks of FDI of the EU. We estimate a model based on the knowledge-capital theory of the multinational enterprise over the period 1995-2008 by using a sample of five EU countries and 26 partner countries. We consider, first, manufacturing sector as a whole and, then, six manufacturing industries, among which the food industry, defined at the two-digit level of the NACE classification. Explanatory variables include an index of applied bilateral tariffs and a dummy to capture the presence of Bilateral...
Tipo: Presentation Palavras-chave: FDI; Trade protection; Knowledge-capital model; International Relations/Trade; F15; F21; F23; C33.
Ano: 2012 URL: http://purl.umn.edu/124106
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African hunt for investment: any chance for success? AgEcon
Dyakov, Ignaty.
During recent two decades the world has witnessed a drastic increase in global FDI inflows. Gradually more and more investment has been directed to the developing countries in the attempt to diversify portfolios and use finance in the most efficient way. Not all developing regions of the world perfectly succeeded in attracting FDI. Large by labor force and territory, abundant in natural resources Sub-Saharan Africa could perform much better in this aspect. This paper once again reviews the opportunities for FDI in Africa and suggests possible ways for authorities of African states to overcome the existing situation.
Tipo: Journal Article Palavras-chave: FDI; Africa; Determinants; Policy recommendations; Financial Economics; International Development; F21; O55.
Ano: 2009 URL: http://purl.umn.edu/94546
Registros recuperados: 29
Primeira ... 12 ... Última
 

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