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| Registros recuperados: 29 | |
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| Ansari, Mohammed I.. |
| The purpose of this paper is to estimate, by using the recent econometric techniques of unit root testing and Johansen-Juselius cointegration technique (1990), the impact of foreign capital inflow on the volume and efficiency of domestic investment in the United States during the period, 1973-1999. A battery of diagnostic tests is employed to check the validity and robustness of the estimated results. Evidence suggests that capital inflows have had a significant positive effect on the volume of US investment, but the effect on the efficiency of investment has been minimal. These findings imply that, while achieving current account balance is important, it is equally important to sustain and augment the beneficial impact of capital inflow by creating a more... |
| Tipo: Journal Article |
Palavras-chave: Current account; Capital inflow; F21; F41; O51. |
| Ano: 2004 |
URL: http://purl.umn.edu/37640 |
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| Soliman, Mohamed M.. |
| Despite the ample literature on currency crises, the effect of currency crises on foreign direct investment FDI activity has been largely unexamined. This paper tests the sensitivity of three measures of U.S. outbound non-bank FDI activity to currency crises in 21 emerging economies. The findings of this analysis suggest that contrary to the common perception, currency crises do not seem to have a negative effect on FDI activity in the crisis economy. Indeed, we find some evidence that currency crises may increase FDI activity in the affected country. These results underline the stable nature of FDI relative to other types of international capital flows and as a safer mode of financing for emerging economies. |
| Tipo: Journal Article |
Palavras-chave: Foreign direct investment; Currency crises; Multinational corporations; Financial Economics; International Relations/Trade; F21; F31. |
| Ano: 2005 |
URL: http://purl.umn.edu/50276 |
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| Harms, Philipp; Lutz, Matthias. |
| Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries' institutional environment, we find that, evaluated at the mean, the marginal effect of aid on private foreign investment is close to zero. Surprisingly, however, the effect is strictly positive for countries in which private agents face a substantial regulatory burden. After testing the robustness of this result, we offer a theoretical model that is able to rationalize our puzzling observation. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Aid; Foreign Direct Investment; Institutions; International Relations/Trade; F35; F21; O16; O19. |
| Ano: 2003 |
URL: http://purl.umn.edu/26128 |
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| Jin, Shaosheng; Tokunaga, Suminori; Akune, Yuko; Kageyama, Masahiro. |
| This paper uses the data from Chugoku Shinshutsu Kigyou Ichiran 2003-2004 (A View of Japanese Enterprises Investments in China 2003-2004) to study 1ocation choice of Japanese food industry investment in 231 Chinese cities from 1992 to 2001, paying a particular attention to agglomeration effects. A negative binominal model indicates that labor cost (WAGE) is the most important factor that deters Japanese food industry investment. Market size (GDP), raw material (MATER), port (PORT) and policy incentives (POLICY), however, have positive effects in Japanese food industry investment location choice in China. As for the three-tier agglomeration effects' test, the agglomeration effects of Japanese manufactures agglomeration (AG2) and Japanese food manufactures... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food industry; Agglomeration; Japan; China; FDI; Agribusiness; International Relations/Trade; F21; Q13; Q18. |
| Ano: 2006 |
URL: http://purl.umn.edu/25307 |
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| Cardamone, Paola; Scoppola, Margherita. |
| 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 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 Investment Treaties (BITs). From an... |
| Tipo: Presentation |
Palavras-chave: FDI; Trade protection; Knowledge-capital model; Dynamic panel data; International Relations/Trade; F15; F21; F23; C33. |
| Ano: 2012 |
URL: http://purl.umn.edu/123993 |
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| Lile, Ronald D.; Powell, Mark R.; Toman, Michael. |
| The "Clean Development Mechanism" (CDM) contained in the December 1997 Kyoto Protocol to the United Nations Framework Convention on Climate Change provides, for the first time, the capacity for industrialized countries to claim credits for greenhouse gas (GHG) emissions reductions or offsets undertaken in cooperation with host developing countries. However, the Protocol provides no guidance on how these cooperative activities for GHG reduction and sustainable development would be undertaken in practice, including the particularly important issue of the relationship of the private sector vis-à-vis government institutions in designing, financing, and securing approval for jointly implemented GHG abatement projects. The pilot program for "Activities... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate change; Joint implementation; Environmental Economics and Policy; Q28; F21. |
| Ano: 1998 |
URL: http://purl.umn.edu/10868 |
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| Sharma, Kishor. |
| Export growth in India has been much faster than GDP growth over the past few decades. Several factors appear to have contributed to this phenomenon including foreign direct investment (FDI). However, despite increasing inflows of FDI especially in recent years there has not been any attempt to assess its contribution to India's export performanceone of the channels through which FDI influences growth. Using annual data for 1970-98 we investigate the determinants of export performance in India in a simultaneous equation framework. Results suggest that demand for Indian exports increases when its export prices fall in relation to world prices. Furthermore, the real appreciation of the rupee adversely effects India's exports. Export supply is positively... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Exports; Commercial policy; Export subsidies; Foreign direct investment; Exchange rates and India; F21; International Relations/Trade; F1; F13; F14. |
| Ano: 2000 |
URL: http://purl.umn.edu/28372 |
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| Busse, Matthias. |
| Many believe that multinational enterprises insensitively ignore political rights and civil liberties in the countries of their investments. Frequently, non-governmental organisations accuse multinationals of fostering repressive regimes in developing countries and consider foreign direct investment (FDI) as a tool of exploitation. This paper tries to examine empirically the complex relationship between democracy and FDI in a systematic way, using cross-sectional and panel data analysis. The results indicate that - on average - investments by multinationals are significantly higher in democratic countries, thereby refuting the hypothesis that political repression fosters FDI. Yet this positive link does not hold for the 1970s, when a considerable share of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: FDI; Democracy; Political Rights; Civil Liberties; Political Economy; C31; C 33; F21; F23. |
| Ano: 2003 |
URL: http://purl.umn.edu/26260 |
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| Registros recuperados: 29 | |
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