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This study explores how relative skilled-wage premia affect FDI. Contrary to previous studies based on factor endowment differences, we find strong support for vertical FDI, in the sense that more FDI is conducted in countries where unskilled labor is relatively cheap. In addition, we find that relative skill-premia also affect FDI activities that have
Braconier, Henrik +2 more
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Outward FDI in China’s hotel industry: An inward FDI perspective
Journal of Hospitality and Tourism Management, 2022Outward foreign direct investment (OFDI) from emerging economies in the hospitality industry, the hotel sector in particular, has drastically increased in recent years. Based on Dunning's eclectic paradigm/Ownership-Location-Internalization (OLI) theory and the Investment Development Path (IDP) theory, the OFDI in the hotel sector was assessed from the
Song, Changyao +3 more
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FDI in the Banking Sector [PDF]
When countries open their financial sectors, foreign-owned banks appear to bring superior efficiency to their host markets but also charge higher markups on borrowed funds than their domestically owned rivals, with unknown impacts on interest rates and welfare.
Beatriz de Blas, Katheryn Russ
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We develop a model of foreign direct investment (FDI) in which financially liquid foreign firms acquire liquidity-constrained target firms. Using a large dataset of emerging-market acquisitions, we find evidence supporting three central predictions of the model: (i) firms in external finance dependent and intangible sectors are more likely to be ...
Rahul Mukherjee +2 more
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Choice for FDI and Post-FDI Productivity [PDF]
We highlight the difference between the service sector and the manufacturing sector in regard to the determinants for a firm to start FDI and the productivity growth it achieves. This paper analyzes two questions: (1) whether a certain level of productivity explains a Japanese firm's choice to be a multinational firm (by starting FDI), and (2) how the ...
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FDI Investment Incentive System and FDI Inflows: the Philippine Experience
2008This paper examines the country's investment incentive program for foreign investors and its success in attracting substantial FDI inflows. The analysis compares the FDI incentive system and FDI performance of the Philippines with other Asian countries. Since it is difficult to untangle the effect of tax incentives from other factors, the analysis also
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2014
Persistence of unemployment of labour is a disconcerting feature of the developing countries. The explanation of unemployment as a general equilibrium phenomenon depends on the type of labour, unskilled or skilled, under consideration. While the general contention of the celebrated Harris and Todaro (Am Econ Rev 60:126–142, 1970) model is that any ...
Sarbajit Chaudhuri, Ujjaini Mukhopadhyay
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Persistence of unemployment of labour is a disconcerting feature of the developing countries. The explanation of unemployment as a general equilibrium phenomenon depends on the type of labour, unskilled or skilled, under consideration. While the general contention of the celebrated Harris and Todaro (Am Econ Rev 60:126–142, 1970) model is that any ...
Sarbajit Chaudhuri, Ujjaini Mukhopadhyay
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2020
This chapter surveys the empirical literature on foreign direct investment (FDI) in Kosovo and then examines the inflows, origins, sectoral composition, and geographic distribution of FDI. Kosovo’s relative location, demographics, and investment laws provide positive conditions for attracting FDI.
Kyle Conahan +3 more
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This chapter surveys the empirical literature on foreign direct investment (FDI) in Kosovo and then examines the inflows, origins, sectoral composition, and geographic distribution of FDI. Kosovo’s relative location, demographics, and investment laws provide positive conditions for attracting FDI.
Kyle Conahan +3 more
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An FDI is an FDI is an FDI? The growth effects of greenfield investment and mergers and acquisitions in developing countries [PDF]
We explore the effect of foreign direct investment (FDI) on economic growth in developing countries, distinguishing between mergers and acquisitions (M&As) and Greenfield investment. We find that these two types of FDI differ substantially with respect to their influence on growth. While Greenfield FDI substantially enhances growth, M&As have no effect,
Harms, Philipp, Méon, Pierre-Guillaume
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2006
As a preliminary to the macro analysis of the relationship between FDI and risk there is a review of how decision makers respond to risk and how this affects FDI flows. This is followed by an analysis of attempts by rating agencies to measure country risk in order to discover a usable index. There are two other major themes to this chapter.
Colin White, Miao Fan
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As a preliminary to the macro analysis of the relationship between FDI and risk there is a review of how decision makers respond to risk and how this affects FDI flows. This is followed by an analysis of attempts by rating agencies to measure country risk in order to discover a usable index. There are two other major themes to this chapter.
Colin White, Miao Fan
openaire +1 more source

