首页 > 最新文献

PSN: Foreign Direct Investment (International) (Topic)最新文献

英文 中文
Canada's Foreign Direct Investment Challenge: Reducing Barriers and Ensuring a Level Playing Field in the Face of Sovereign Wealth Funds and State-Owned Enterprises 加拿大的外国直接投资挑战:在面对主权财富基金和国有企业时减少障碍并确保公平竞争环境
Pub Date : 2010-10-01 DOI: 10.11575/SPPP.V3I0.42342
Matt Krzepkowski, J. Mintz
Recent takeovers – and attempted takeovers – of strategic resource companies have renewed concerns that some of Canada’s prized corporate players are falling into foreign hands. However, data shows that Canada has not been a significant attractor of multinational investment, lagging behind a number of developed and developing nations. Indeed, since the mid-1990s, Canada has been a net exporter of capital in world markets, as foreign direct investment by Canadian companies far outpaced the inflow of foreign capital. Rather than being hollowed out, we are hollowing out other countries. As a general policy, Canada should reduce barriers to foreign direct investment and welcome our growing role in international markets. As many studies have shown, foreign direct investment brings significant net benefits to the Canadian economy, including knowledge transfers, new management, better wages and productivity. Only in limited circumstances, such as in the case of protecting Canada’s national security, should Canada block foreign takeovers of Canadian companies. In the interest of neutrality and minimizing economic distortions, takeovers of Canadian companies by foreign sovereign wealth funds or state-owned enterprises should be reviewed on a case-by-case basis. When state-owned enterprises have similar commercial objectives and operate on a level-playing field without financial support by state owners, they could also provide net benefits to the Canadian economy. One important area that requires further consideration is with respect to the tax-exempt status of sovereign wealth funds and state-owned companies. Canadian tax treaties should be reviewed to ensure that Canadian withholding taxes maintain an even playing field among private and state-owned businesses operating in Canada.
最近对战略资源公司的收购——以及试图收购——再次引发了人们的担忧,即加拿大一些受人珍视的企业正落入外国人之手。然而,数据显示,加拿大并不是吸引跨国投资的重要国家,落后于许多发达国家和发展中国家。事实上,自上世纪90年代中期以来,加拿大一直是世界市场上资本的净出口国,因为加拿大公司的外国直接投资远远超过外国资本的流入。我们不但没有被掏空,反而掏空了其他国家。作为一项一般性政策,加拿大应减少对外国直接投资的壁垒,并欢迎我们在国际市场上发挥越来越大的作用。正如许多研究表明的那样,外国直接投资给加拿大经济带来了巨大的净收益,包括知识转移、新的管理、更高的工资和生产率。只有在有限的情况下,比如在保护加拿大国家安全的情况下,加拿大才应该阻止外国收购加拿大公司。为了保持中立和尽量减少经济扭曲,外国主权财富基金或国有企业对加拿大公司的收购应逐案审查。当国有企业拥有类似的商业目标,在没有国有所有者财政支持的情况下在公平竞争的环境中运营时,它们也可以为加拿大经济带来净收益。需要进一步考虑的一个重要领域是主权财富基金和国有企业的免税地位。应审查加拿大的税收协定,以确保加拿大的预扣税在加拿大经营的私营和国有企业之间保持公平的竞争环境。
{"title":"Canada's Foreign Direct Investment Challenge: Reducing Barriers and Ensuring a Level Playing Field in the Face of Sovereign Wealth Funds and State-Owned Enterprises","authors":"Matt Krzepkowski, J. Mintz","doi":"10.11575/SPPP.V3I0.42342","DOIUrl":"https://doi.org/10.11575/SPPP.V3I0.42342","url":null,"abstract":"Recent takeovers – and attempted takeovers – of strategic resource companies have renewed concerns that some of Canada’s prized corporate players are falling into foreign hands. However, data shows that Canada has not been a significant attractor of multinational investment, lagging behind a number of developed and developing nations. Indeed, since the mid-1990s, Canada has been a net exporter of capital in world markets, as foreign direct investment by Canadian companies far outpaced the inflow of foreign capital. Rather than being hollowed out, we are hollowing out other countries. As a general policy, Canada should reduce barriers to foreign direct investment and welcome our growing role in international markets. As many studies have shown, foreign direct investment brings significant net benefits to the Canadian economy, including knowledge transfers, new management, better wages and productivity. Only in limited circumstances, such as in the case of protecting Canada’s national security, should Canada block foreign takeovers of Canadian companies. In the interest of neutrality and minimizing economic distortions, takeovers of Canadian companies by foreign sovereign wealth funds or state-owned enterprises should be reviewed on a case-by-case basis. When state-owned enterprises have similar commercial objectives and operate on a level-playing field without financial support by state owners, they could also provide net benefits to the Canadian economy. One important area that requires further consideration is with respect to the tax-exempt status of sovereign wealth funds and state-owned companies. Canadian tax treaties should be reviewed to ensure that Canadian withholding taxes maintain an even playing field among private and state-owned businesses operating in Canada.","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2010-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115367475","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
How Can Donors Create Incentives for Results and Flexibility for Fragile States? A Proposal for IDA 捐助国如何为脆弱国家创造成果和灵活性激励机制?国际开发协会的建议
Pub Date : 2010-10-01 DOI: 10.2139/ssrn.1817832
A. Gelb
International Development Association (IDA) donors and others operating a country performance-based allocation system face two difficult problems: how to strengthen incentives to produce and document development results and how to increase flexibility for fragile states. Fragile states have the greatest need for projects, but their projects tend to rate poorly in performance-based allocations systems, which provide little incentive to produce successful projects in fragile states or other countries. [Working Paper No. 227]
国际开发协会(IDA)的捐助者和其他实施基于国家绩效的分配制度的机构面临两个难题:如何加强产生和记录发展成果的激励措施,以及如何增加脆弱国家的灵活性。脆弱国家对项目的需求最大,但它们的项目在基于绩效的分配系统中往往排名较低,这种分配系统几乎没有激励脆弱国家或其他国家产生成功的项目。[工作文件第227号]
{"title":"How Can Donors Create Incentives for Results and Flexibility for Fragile States? A Proposal for IDA","authors":"A. Gelb","doi":"10.2139/ssrn.1817832","DOIUrl":"https://doi.org/10.2139/ssrn.1817832","url":null,"abstract":"International Development Association (IDA) donors and others operating a country performance-based allocation system face two difficult problems: how to strengthen incentives to produce and document development results and how to increase flexibility for fragile states. Fragile states have the greatest need for projects, but their projects tend to rate poorly in performance-based allocations systems, which provide little incentive to produce successful projects in fragile states or other countries. [Working Paper No. 227]","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2010-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131498277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 11
From the 'Strawberry Jam' to the 'Sushi-Bar': Romanian Migration in the Context of Asia's Increasing Economic Role 从“草莓酱”到“寿司吧”:亚洲日益增长的经济角色背景下的罗马尼亚移民
Pub Date : 2010-05-20 DOI: 10.2139/ssrn.1616469
Grigore Silaşi, M. Pirtea, Ovidiu Laurian Simina
The paper analyzes the following points: 1) The increase of Asia’s economical role (consequences of moving the world economic centre from the Atlantic to Pacific; the new centres of power: China and Japan; Asia’s attraction; the new economical configuration, an important migration vector) 2) Romania and the Strawberry Jam. Comparative analysis between countries of destination for Romanian emigration; remittances versus FDI; the influence of the economic crisis on development. 3) Chinese Diaspora in Romania. Romanian migration to Japan. Specificities, trends, development of phenomena. How to create a Romanian Diaspora?
本文分析了以下几点:1)亚洲经济地位的提升(世界经济中心从大西洋向太平洋转移的后果);新的权力中心:中国和日本;亚洲的吸引力;新的经济结构,一个重要的移民载体)2)罗马尼亚和草莓酱。罗马尼亚移民目的国的比较分析汇款与外国直接投资;经济危机对发展的影响。3)罗马尼亚的中国侨民。罗马尼亚移民到日本。特性,趋势,现象的发展。如何创建罗马尼亚侨民?
{"title":"From the 'Strawberry Jam' to the 'Sushi-Bar': Romanian Migration in the Context of Asia's Increasing Economic Role","authors":"Grigore Silaşi, M. Pirtea, Ovidiu Laurian Simina","doi":"10.2139/ssrn.1616469","DOIUrl":"https://doi.org/10.2139/ssrn.1616469","url":null,"abstract":"The paper analyzes the following points: 1) The increase of Asia’s economical role (consequences of moving the world economic centre from the Atlantic to Pacific; the new centres of power: China and Japan; Asia’s attraction; the new economical configuration, an important migration vector) 2) Romania and the Strawberry Jam. Comparative analysis between countries of destination for Romanian emigration; remittances versus FDI; the influence of the economic crisis on development. 3) Chinese Diaspora in Romania. Romanian migration to Japan. Specificities, trends, development of phenomena. How to create a Romanian Diaspora?","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2010-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124453255","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Trade and Investment Policies and Regional Economic Integration in East Asia 贸易投资政策与东亚区域经济一体化
Pub Date : 2010-04-05 DOI: 10.2139/ssrn.1585674
S. Chia
The global economic crisis has affected the East Asian economies via trade and investment. The export-led model which had been responsible for the “East Asian Miracle†now must redirect the basis of growth from exports sent to the US and Europe to regional and domestic demand. Regional trade integration has been market-led through production networks and foreign direct investment (FDI). Since the proliferation of bilateral and plurilateral free trade agreements (FTA) and economic partnership agreements (EPA) has not resulted in an integrated regional market, it is important that East Asia seek an arrangement for a region-wide FTA/EPA. Currently, there are proposals for an ASEAN+3, an ASEAN+6, Pan-Asia, and Asia Pacific initiatives. While proponents of a region-wide FTA/EPA highlight its benefits, skeptics and critics point to the difficulties of reaching consensus in a region with widely varying political, economic, and social systems. Ultimately it will depend on a political-economic decision based on a cost-benefit analysis of liberalization, facilitation, and cooperation in a region-wide FTA. [ADBI Working Paper No. 210]
全球经济危机通过贸易和投资对东亚经济产生了影响。曾经造就了 œEast亚洲奇迹 (Asian miracle)的出口导向型模式,现在必须将增长的基础从对美欧的出口转向地区和国内需求。区域贸易一体化是通过生产网络和外国直接投资由市场主导的。由于双边和诸边自由贸易协定和经济伙伴关系协定的扩散并没有导致一个一体化的区域市场,因此东亚必须寻求一项区域性自由贸易协定/经济伙伴关系协定的安排。目前,有“东盟+3”、“东盟+6”、“泛亚”、“亚太”等倡议。虽然支持建立区域性自由贸易协定/环境保护协定的人强调其好处,但怀疑论者和批评者指出,在一个政治、经济和社会制度差异很大的地区,达成共识是困难的。最终,它将取决于基于对区域自由贸易协定中自由化、便利化和合作的成本效益分析的政治经济决策。[亚行工作文件第210号]
{"title":"Trade and Investment Policies and Regional Economic Integration in East Asia","authors":"S. Chia","doi":"10.2139/ssrn.1585674","DOIUrl":"https://doi.org/10.2139/ssrn.1585674","url":null,"abstract":"The global economic crisis has affected the East Asian economies via trade and investment. The export-led model which had been responsible for the “East Asian Miracle†now must redirect the basis of growth from exports sent to the US and Europe to regional and domestic demand. Regional trade integration has been market-led through production networks and foreign direct investment (FDI). Since the proliferation of bilateral and plurilateral free trade agreements (FTA) and economic partnership agreements (EPA) has not resulted in an integrated regional market, it is important that East Asia seek an arrangement for a region-wide FTA/EPA. Currently, there are proposals for an ASEAN+3, an ASEAN+6, Pan-Asia, and Asia Pacific initiatives. While proponents of a region-wide FTA/EPA highlight its benefits, skeptics and critics point to the difficulties of reaching consensus in a region with widely varying political, economic, and social systems. Ultimately it will depend on a political-economic decision based on a cost-benefit analysis of liberalization, facilitation, and cooperation in a region-wide FTA. [ADBI Working Paper No. 210]","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2010-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123222320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 32
A Comparative Empirical Examination of Outward Direct Investment from Four Asian Economies: China, Japan, Republic of Korea and Taiwan 中国、日本、韩国和台湾四个亚洲经济体对外直接投资的比较实证研究
Pub Date : 2009-07-21 DOI: 10.2139/ssrn.1471776
K. Fung, A. Garcia-Herrero, Alan Siu
In this paper we compare and contrast the determinants of outward direct investment from China with those from Japan, South Korea and Taiwan. We examine both descriptively as well as econometrically the various motives and factors behind the investment abroad from these four Asian economies. The hypotheses we are testing include the market-seeking hypothesis, the natural resource-seeking hypothesis, the technology acquisition hypothesis and the human capital hypothesis. We examine outward direct investment for China for the years 1991-2006, Japan for 1983-2007, Korea for 1980-2007 and Taiwan for 1968-2007. Our results using the full set of determinants yield uniform support for the marketseeking hypothesis. The natural resource-seeking motives hold for Japan and Korea, while the technology acquisition hypothesis seems relevant for Taiwan. Chinese investments tend to go to destinations with poorer labor quality. In addition, openness is important for Japanese investment abroad, while distances deter investment from China and Korea.
本文对中国与日本、韩国和台湾的对外直接投资决定因素进行了比较和对比。我们从描述性和计量经济学两方面考察了这四个亚洲经济体海外投资背后的各种动机和因素。我们检验的假设包括市场寻求假说、自然资源寻求假说、技术获取假说和人力资本假说。我们考察了1991-2006年中国、1983-2007年日本、1980-2007年韩国和1968-2007年台湾的对外直接投资。我们使用全套决定因素的结果为市场寻求假说提供了一致的支持。寻求自然资源的动机适用于日本和韩国,而技术获取假说似乎适用于台湾。中国的投资往往流向劳动力素质较差的地方。此外,开放对日本的海外投资很重要,而距离阻碍了来自中国和韩国的投资。
{"title":"A Comparative Empirical Examination of Outward Direct Investment from Four Asian Economies: China, Japan, Republic of Korea and Taiwan","authors":"K. Fung, A. Garcia-Herrero, Alan Siu","doi":"10.2139/ssrn.1471776","DOIUrl":"https://doi.org/10.2139/ssrn.1471776","url":null,"abstract":"In this paper we compare and contrast the determinants of outward direct investment from China with those from Japan, South Korea and Taiwan. We examine both descriptively as well as econometrically the various motives and factors behind the investment abroad from these four Asian economies. The hypotheses we are testing include the market-seeking hypothesis, the natural resource-seeking hypothesis, the technology acquisition hypothesis and the human capital hypothesis. We examine outward direct investment for China for the years 1991-2006, Japan for 1983-2007, Korea for 1980-2007 and Taiwan for 1968-2007. Our results using the full set of determinants yield uniform support for the marketseeking hypothesis. The natural resource-seeking motives hold for Japan and Korea, while the technology acquisition hypothesis seems relevant for Taiwan. Chinese investments tend to go to destinations with poorer labor quality. In addition, openness is important for Japanese investment abroad, while distances deter investment from China and Korea.","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2009-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121875815","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
Collecting the Pieces of the FDI Knowledge Spillovers Puzzle 收集外商直接投资知识溢出之谜的碎片
Pub Date : 2008-10-01 DOI: 10.1093/WBRO/LKN003
R. Smeets
Recent surveys of the empirical literature have concluded that the evidence is mixed on the magnitude, direction, and even existence of knowledge spillovers from Foreign Direct Investment (FDI). This article reviews the recent theoretical and empirical literature that responds to these inconclusive results and considers three main issues: spillover channels, mediating factors, and FDI heterogeneity. Studies that take into account individual spillover channels find robust evidence of knowledge spillovers from FDI. Studies on the importance of mediating factors and FDI heterogeneity are less conclusive and could benefit from greater convergence in methodologies and greater specificity in the spillover channels of interest. More generally, many studies do not properly distinguish between knowledge spillovers and knowledge transfers, and empirical studies seem to greatly outnumber theoretical studies.
最近对实证文献的调查得出结论,关于外国直接投资(FDI)的知识溢出的规模、方向甚至存在的证据都是混杂的。本文回顾了最近的理论和实证文献,对这些不确定的结果做出了回应,并考虑了三个主要问题:溢出渠道、中介因素和FDI异质性。考虑到个别溢出渠道的研究发现了外国直接投资知识溢出的有力证据。关于中介因素和外国直接投资异质性的重要性的研究不太具有结论性,可以从方法论的更趋同和感兴趣的外溢渠道的更具体中获益。更普遍的是,许多研究没有正确区分知识溢出和知识转移,实证研究似乎大大超过理论研究。
{"title":"Collecting the Pieces of the FDI Knowledge Spillovers Puzzle","authors":"R. Smeets","doi":"10.1093/WBRO/LKN003","DOIUrl":"https://doi.org/10.1093/WBRO/LKN003","url":null,"abstract":"Recent surveys of the empirical literature have concluded that the evidence is mixed on the magnitude, direction, and even existence of knowledge spillovers from Foreign Direct Investment (FDI). This article reviews the recent theoretical and empirical literature that responds to these inconclusive results and considers three main issues: spillover channels, mediating factors, and FDI heterogeneity. Studies that take into account individual spillover channels find robust evidence of knowledge spillovers from FDI. Studies on the importance of mediating factors and FDI heterogeneity are less conclusive and could benefit from greater convergence in methodologies and greater specificity in the spillover channels of interest. More generally, many studies do not properly distinguish between knowledge spillovers and knowledge transfers, and empirical studies seem to greatly outnumber theoretical studies.","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2008-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132175307","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 337
A Value Chain Analysis of Foreign Direct Investment 外商直接投资的价值链分析
Pub Date : 2007-03-01 DOI: 10.2139/ssrn.1018868
Clàudia Canals, Marta Noguer
This paper analyzes the determinants of FDI. We use a new data set covering greenfield and expansion projects at a detailed value chain level to examine which factors influence the decision to invest abroad. Our empirical framework is an augmented gravity model that incorporates elements of factor proportions theory. At the aggregate level, we find that distance discourages FDI, size and sharing a language encourages it, and that FDI targets relatively capital-scarce countries. When we classify investment projects according to their stage in the chain of production, we observe a lot of variation across stages. Nevertheless, economic size, distance, and capital abundance are still determining factors for most value chain stages and preserve the sign of their effect. Moreover, even though the results confirm FDI targetting capital scarce countries, we find evidence of a minimum requirement on the host country's capital endowment in all the stages of production except extraction. Finally, ease of doing business is also important, especially so for the location of regional headquarters.
本文分析了外商直接投资的决定因素。我们使用了一个新的数据集,涵盖了详细的价值链层面的绿地和扩建项目,以研究哪些因素影响了海外投资的决定。我们的经验框架是一个增强的重力模型,其中包含了因子比例理论的元素。在总体水平上,我们发现距离阻碍了外国直接投资,规模和共享语言鼓励了外国直接投资,外国直接投资的目标是相对资本稀缺的国家。当我们根据投资项目在生产链上的阶段对其进行分类时,我们观察到不同阶段的差异很大。然而,经济规模、距离和资本充裕度仍然是大多数价值链阶段的决定因素,并保持其影响的迹象。此外,尽管结果证实FDI针对的是资本稀缺国家,但我们发现证据表明,在除开采以外的所有生产阶段,对东道国的资本禀赋都有最低要求。最后,做生意的便利性也很重要,对地区总部的选址来说尤其如此。
{"title":"A Value Chain Analysis of Foreign Direct Investment","authors":"Clàudia Canals, Marta Noguer","doi":"10.2139/ssrn.1018868","DOIUrl":"https://doi.org/10.2139/ssrn.1018868","url":null,"abstract":"This paper analyzes the determinants of FDI. We use a new data set covering greenfield and expansion projects at a detailed value chain level to examine which factors influence the decision to invest abroad. Our empirical framework is an augmented gravity model that incorporates elements of factor proportions theory. At the aggregate level, we find that distance discourages FDI, size and sharing a language encourages it, and that FDI targets relatively capital-scarce countries. When we classify investment projects according to their stage in the chain of production, we observe a lot of variation across stages. Nevertheless, economic size, distance, and capital abundance are still determining factors for most value chain stages and preserve the sign of their effect. Moreover, even though the results confirm FDI targetting capital scarce countries, we find evidence of a minimum requirement on the host country's capital endowment in all the stages of production except extraction. Finally, ease of doing business is also important, especially so for the location of regional headquarters.","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2007-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133424138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Foreign Direct Investment in the European Community: Some Policy Issues 欧洲共同体的外国直接投资:一些政策问题
Pub Date : 1993-02-20 DOI: 10.1093/OXREP/9.2.72
D. Neven, Georges Siotis
This paper analyzes three policy issues associated with foreign direct investment flows in the European Community. First, we find that recent FDI flows raise concerns that the technology of EC firms might be sourced by foreign competitors. Second, we analyze appropriate institutions to settle international conflicts in the control of foreign direct investment, in particular regarding foreign acquisitions. We conclude that if centralization is adequate to deal with external effects within the EC, an agreement on rules to allocate jurisdiction might suffice to deal with potential conflicts with third countries. Finally, we discuss the role of European competition policy in monitoring the intervention of member states towards FDI; we find that current subsidies to attract investment are not excessive in the presence of strong distortions in the labor market. Copyright 1993 by Oxford University Press.(This abstract was borrowed from another version of this item.)
本文分析了与欧共体外国直接投资流动有关的三个政策问题。首先,我们发现最近的外国直接投资流量引起了人们的担忧,即欧共体公司的技术可能会被外国竞争对手获取。其次,我们分析了解决外国直接投资控制中的国际冲突的适当制度,特别是在外国收购方面。我们的结论是,如果中央集权足以处理欧共体内部的外部影响,那么就分配管辖权的规则达成协议可能足以处理与第三国的潜在冲突。最后,我们讨论了欧洲竞争政策在监督成员国对外国直接投资的干预方面的作用;我们发现,在劳动力市场存在严重扭曲的情况下,目前吸引投资的补贴并不过分。牛津大学出版社1993年版权所有。(这个摘要是从这个项目的另一个版本借来的。)
{"title":"Foreign Direct Investment in the European Community: Some Policy Issues","authors":"D. Neven, Georges Siotis","doi":"10.1093/OXREP/9.2.72","DOIUrl":"https://doi.org/10.1093/OXREP/9.2.72","url":null,"abstract":"This paper analyzes three policy issues associated with foreign direct investment flows in the European Community. First, we find that recent FDI flows raise concerns that the technology of EC firms might be sourced by foreign competitors. Second, we analyze appropriate institutions to settle international conflicts in the control of foreign direct investment, in particular regarding foreign acquisitions. We conclude that if centralization is adequate to deal with external effects within the EC, an agreement on rules to allocate jurisdiction might suffice to deal with potential conflicts with third countries. Finally, we discuss the role of European competition policy in monitoring the intervention of member states towards FDI; we find that current subsidies to attract investment are not excessive in the presence of strong distortions in the labor market. Copyright 1993 by Oxford University Press.(This abstract was borrowed from another version of this item.)","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"1993-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124029234","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 50
How Much Does Industry Structure Impact Foreign Direct Investment in China? 产业结构对外商直接投资的影响有多大?
Pub Date : 1900-01-01 DOI: 10.2139/ssrn.1554669
Yadong Luo, Justin Tan
Industry structure imperfection in a foreign market is an important factor which not only makes foreign direct investment (FDI) preferable to trade or licensing but also determines the attractiveness of one host country over others. Today, the structural transformation of transitional economies provides transnational investors with tremendous preemptive opportunities. Since the understanding of the linkage between industry structure and FDI in the context of transitional economies is incomplete, this study provides a "structural attributes" model and assesses the direction and magnitude of performance implications of industry structural factors for FDI in China. Based on a cross-sectional empirical analysis, this work observes a significant impact of structural factors on market and financial performance in international production. Managerial implications for transnational investors are highlighted.
外国市场的工业结构不完善是一个重要因素,它不仅使外国直接投资优于贸易或许可证,而且还决定一个东道国对其他东道国的吸引力。今天,转型经济的结构转型为跨国投资者提供了巨大的先发制人的机会。由于对转轨经济背景下产业结构与FDI之间联系的认识不完整,本研究提出了一个“结构属性”模型,并评估了产业结构因素对中国FDI绩效影响的方向和程度。基于横断面实证分析,本文观察到结构性因素对国际生产中市场和财务绩效的显著影响。强调了对跨国投资者的管理影响。
{"title":"How Much Does Industry Structure Impact Foreign Direct Investment in China?","authors":"Yadong Luo, Justin Tan","doi":"10.2139/ssrn.1554669","DOIUrl":"https://doi.org/10.2139/ssrn.1554669","url":null,"abstract":"Industry structure imperfection in a foreign market is an important factor which not only makes foreign direct investment (FDI) preferable to trade or licensing but also determines the attractiveness of one host country over others. Today, the structural transformation of transitional economies provides transnational investors with tremendous preemptive opportunities. Since the understanding of the linkage between industry structure and FDI in the context of transitional economies is incomplete, this study provides a \"structural attributes\" model and assesses the direction and magnitude of performance implications of industry structural factors for FDI in China. Based on a cross-sectional empirical analysis, this work observes a significant impact of structural factors on market and financial performance in international production. Managerial implications for transnational investors are highlighted.","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121564155","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
FDI Trends in 2010-2011 and the Challenge of Investment Policies for Outward Foreign Direct Investment 2010-2011年外商直接投资趋势及对外直接投资政策的挑战
Pub Date : 1900-01-01 DOI: 10.1093/LAW-IIC/9780199983025.016.0001
Persephone Economou, K. Sauvant
This chapter begins with a brief discussion of the latest trends in FDI. It then turns to an analysis of policies related to outward foreign direct investment and discusses issues that relate to them. It argues that FDI flows have managed to sustain their recovery in the aftermath of the 2008 financial crisis, but considerable uncertainty about prospects over the next few years remains. Emerging markets have strengthened their position in the global FDI landscape in terms of both inward and outward investment. Outward FDI policies can play a vital role in creating an environment that allows domestic firms that have the capability to become MNEs to invest overseas and strengthen their competitiveness. The challenge is to ensure that MNE efficiency and competitiveness gains from outward FDI translate into benefits for the home economies.
本章首先简要讨论外国直接投资的最新趋势。然后,它转而分析与对外直接投资有关的政策,并讨论与之相关的问题。报告认为,在2008年金融危机之后,外国直接投资流量成功维持了复苏势头,但未来几年的前景仍存在相当大的不确定性。无论是对内还是对外投资,新兴市场都加强了它们在全球FDI格局中的地位。对外直接投资政策可以在创造环境方面发挥至关重要的作用,使有能力成为跨国公司的国内公司能够投资海外并加强其竞争力。挑战在于确保跨国公司从对外直接投资中获得的效率和竞争力收益转化为对本国经济的好处。
{"title":"FDI Trends in 2010-2011 and the Challenge of Investment Policies for Outward Foreign Direct Investment","authors":"Persephone Economou, K. Sauvant","doi":"10.1093/LAW-IIC/9780199983025.016.0001","DOIUrl":"https://doi.org/10.1093/LAW-IIC/9780199983025.016.0001","url":null,"abstract":"This chapter begins with a brief discussion of the latest trends in FDI. It then turns to an analysis of policies related to outward foreign direct investment and discusses issues that relate to them. It argues that FDI flows have managed to sustain their recovery in the aftermath of the 2008 financial crisis, but considerable uncertainty about prospects over the next few years remains. Emerging markets have strengthened their position in the global FDI landscape in terms of both inward and outward investment. Outward FDI policies can play a vital role in creating an environment that allows domestic firms that have the capability to become MNEs to invest overseas and strengthen their competitiveness. The challenge is to ensure that MNE efficiency and competitiveness gains from outward FDI translate into benefits for the home economies.","PeriodicalId":388027,"journal":{"name":"PSN: Foreign Direct Investment (International) (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129798927","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
期刊
PSN: Foreign Direct Investment (International) (Topic)
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1