Download Foreign Direct Investment in the Real and Financial Sector by Heinz Herrmann, Robert Lipsey PDF

By Heinz Herrmann, Robert Lipsey

The foreign integration of nationwide economies is a dominant function of the current time. This booklet brings jointly papers at the determinants and effects of international direct funding (FDI) within the genuine and fiscal sectors of business international locations. It sheds new mild at the determinants of FDI, particularly the position of governmental incentives. one other major subject of this quantity is the function of FDI within the east ecu accession nations. It presents insights into the query of even if ecu growth may have effects for capital flows into these international locations. because the commence of ecu financial union the dialogue on cross-border mergers within the eu banking has intensified. the ultimate a part of the publication includes contributions to this debate.

Show description

Read Online or Download Foreign Direct Investment in the Real and Financial Sector of Industrial Countries PDF

Best industrial books

Advances in Industrial and Labor Relations

Advances in business and exertions relatives (AILR) maintains to obtain top of the range submitted manuscripts and to submit the simplest between those, as made up our minds by means of double blind nameless refereeing. quantity thirteen of AILR includes 8 papers dealing, respectively, with ecu responses to excessive unemployment premiums; the results of other varieties of staffing preparations; the adoption and use of different dispute answer methods within the nonunion office; the consequences of organizational ombuds preparations for voice, clash answer and equity at paintings; construction and maintaining labor-management partnerships; union and supplier strategies in Ontario, Canada organizing campaigns; the past due twentieth century crusade for U.

Organizing Industrial Activities Across Borders (Routledge Studies in Business Organisation and Networks, 7)

The way business actions are organised between agencies is a primary theoretical drawback. In perform, enterprises have came across those issues, often called make-or-buy concerns, tough to examine. establishing commercial actions throughout company obstacles succeeds in combining an research of the theoretical history to such matters with an in-depth case learn of the sensible results and implications.

Progress in Nano-Electro-Optics III: Industrial Applications and Dynamics of the Nano-Optical System

This targeted monograph sequence "Progress in Nano-Electro Optics" reports the result of complicated reviews of electro-optics at the nanometric scale. This 3rd quantity covers the newest subject matters of theoretical and experimental curiosity together with classical and quantum optics, natural and inorganic fabric technological know-how and know-how, floor technology, spectroscopy, atom manipulation, photonics, and electronics.

Additional resources for Foreign Direct Investment in the Real and Financial Sector of Industrial Countries

Example text

The data in this paper are from the 1982, 1989, 1994, and 1999 benchmark surveys. S. S. g. business or individual) has a lO-percent equity stake. S. entity has at least a 51 % equity stake. S. Standard Industrial Classification codes. S. 16 In 1994, majority-owned affiliates accounted for 78% of total affiliate sales. The data used in this paper are from publicly-available country-by-industry tabulations of selected data items for foreign affiliates. Comparison of the dollardenominated measures of affiliate operations across countries and across time is subject to some measurement error related to valuation.

154). Also Aitken and Harrison (1991) include some discussion about inter-industry effect in Venezuelan manufacturing and argue that forward linkages generally brought positive spillover effects but that backward linkages appeared to be less beneficial because of the foreign firms' high import propensities (although there were differences between industrial sectors). Moreover, Sjoholm (1999b) identifies a geographical dimension of positive inter-industry spillovers in Indonesian manufacturing. His results suggest that the presence of foreign multinational companies may raise the productivity of locally owned firms in other industries, presumably through various linkages, but only if they are located in close proximity to the foreign multinationals.

The attractiveness of countries such as Belgium and the Netherlands may be related more to their central location in Europe than their economic size or distance from the USA. Direct measures of trade costs may also be important since, according to theory, the effect of trade costs on multinational activity differ depending on whether the firms are engaging in horizontal or vertical FDI. We would expect high trade costs to promote horizontal FDI but discourage vertical FDI. Including direct measures of trade costs may thus be a way to distinguish between the two types of FDI.

Download PDF sample

Rated 4.18 of 5 – based on 50 votes

Author: admin