|
|
|
|
|
| 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 |
| |
|
|
| 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 |
| |
|
|
|
