Dépouillements

The impact of China’s FDI surge on FDI in South-East Asia: panel data analysis for 1986-2001 / Yuping Zhou in Transnational Corporations, TRANSCORP 14/1 (April 2005) ([11/12/2018])  

Public ISBD [article]  inTransnational Corporations > TRANSCORP 14/1 (April 2005) [11/12/2018] . - p. 41-66 Titre : The impact of China’s FDI surge on FDI in South-East Asia: panel data analysis for 1986-2001 Type de document : texte imprimé Auteurs : Yuping Zhou, Auteur ; Sanjaya Lall, Auteur Année de publication : 2018 Article en page(s) : p. 41-66 Langues : Anglais (eng) Catégories : Chine Commerce Tags : IDE  Chine  Asie du Sud-Est Index. décimale : 03.01 COMMERCE / MONDIALISATION Généralités Résumé : China’s surge in foreign direct investment inflows is raising concerns that it is taking such investment away from other South-East Asian economies. This article assesses whether this is the case, using fixed-effects estimation to test for the relationships between FDI in South-East Asian economies within a simple model of location determinants of foreign direct investment, assuming the supply of FDI to be elastic. The results suggest that China raised rather than diverted such investment into neighbouring economies during 1986-2001; the results obtain whether inflows are lagged or not. This may be because countries do not compete for foreign direct investment in market and resource-seeking activities; the only competitive segment is likely to be export-processing – here China may be complementing other countries in electronics, where they are being integrated into a regional production network. There may be FDI substitution in other export-oriented industries, but the effect is not large enough to influence the results. However, the data do not allow different types of FDI to be tested separately, and this conclusion remains speculative. En ligne : https://unctad.org/en/Docs/iteiit20051_en.pdf [article] The impact of China’s FDI surge on FDI in South-East Asia: panel data analysis for 1986-2001 [texte imprimé] / Yuping Zhou, Auteur ; Sanjaya Lall, Auteur . - 2018 . - p. 41-66. Langues : Anglais (eng) in Transnational Corporations > TRANSCORP 14/1 (April 2005) [11/12/2018] . - p. 41-66 Catégories : Chine Commerce Tags : IDE  Chine  Asie du Sud-Est Index. décimale : 03.01 COMMERCE / MONDIALISATION Généralités Résumé : China’s surge in foreign direct investment inflows is raising concerns that it is taking such investment away from other South-East Asian economies. This article assesses whether this is the case, using fixed-effects estimation to test for the relationships between FDI in South-East Asian economies within a simple model of location determinants of foreign direct investment, assuming the supply of FDI to be elastic. The results suggest that China raised rather than diverted such investment into neighbouring economies during 1986-2001; the results obtain whether inflows are lagged or not. This may be because countries do not compete for foreign direct investment in market and resource-seeking activities; the only competitive segment is likely to be export-processing – here China may be complementing other countries in electronics, where they are being integrated into a regional production network. There may be FDI substitution in other export-oriented industries, but the effect is not large enough to influence the results. However, the data do not allow different types of FDI to be tested separately, and this conclusion remains speculative. En ligne : https://unctad.org/en/Docs/iteiit20051_en.pdf

The determinants of liberalization of FDI policy in developing countries / Stephen Kobrin in Transnational Corporations, TRANSCORP 14/1 (April 2005) ([11/12/2018])  

Public ISBD [article]  inTransnational Corporations > TRANSCORP 14/1 (April 2005) [11/12/2018] . - p. 67-104 Titre : The determinants of liberalization of FDI policy in developing countries : a cross-sectional analysis, 1992-2001 Type de document : texte imprimé Auteurs : Stephen Kobrin, Auteur Année de publication : 2018 Article en page(s) : p. 67-104 Langues : Anglais (eng) Catégories : Libéralisation Tags : Libéralisation du commerce  IDE  Pays en développement Index. décimale : 03.01 COMMERCE / MONDIALISATION Généralités Résumé : The decade of the 1990s was characterized by widespread liberalization of laws and regulations affecting inflows of foreign direct investment in developing countries. Using a data base supplied by UNCTAD, this article employs a cross-sectional regression methodology to analyze the determinants of liberalization of foreign direct investment policies in 116 developing countries from 1992 to 2001. Ninety-five per cent of the changes in such policies over the decade (1,029 of 1,086) were liberalizing rather than restrictive. Two possible explanations of liberalization are suggested: policy makers’ beliefs that attracting more foreign direct investment is in the best interests of their countries, and external pressure to adopt neoliberal economic policies either from the dominant power (the United States) or international organizations such as the World Bank or International Monetary Fund. Results provide strong support for the “rational” decision (or “opportunity costs of closure”) argument and only limited support for the external pressure thesis. Country size, level of human resource capabilities and trade openness are found to be the primary determinants of the propensity to liberalize. En ligne : https://unctad.org/en/Docs/iteiit20051_en.pdf [article] The determinants of liberalization of FDI policy in developing countries : a cross-sectional analysis, 1992-2001 [texte imprimé] / Stephen Kobrin, Auteur . - 2018 . - p. 67-104. Langues : Anglais (eng) in Transnational Corporations > TRANSCORP 14/1 (April 2005) [11/12/2018] . - p. 67-104 Catégories : Libéralisation Tags : Libéralisation du commerce  IDE  Pays en développement Index. décimale : 03.01 COMMERCE / MONDIALISATION Généralités Résumé : The decade of the 1990s was characterized by widespread liberalization of laws and regulations affecting inflows of foreign direct investment in developing countries. Using a data base supplied by UNCTAD, this article employs a cross-sectional regression methodology to analyze the determinants of liberalization of foreign direct investment policies in 116 developing countries from 1992 to 2001. Ninety-five per cent of the changes in such policies over the decade (1,029 of 1,086) were liberalizing rather than restrictive. Two possible explanations of liberalization are suggested: policy makers’ beliefs that attracting more foreign direct investment is in the best interests of their countries, and external pressure to adopt neoliberal economic policies either from the dominant power (the United States) or international organizations such as the World Bank or International Monetary Fund. Results provide strong support for the “rational” decision (or “opportunity costs of closure”) argument and only limited support for the external pressure thesis. Country size, level of human resource capabilities and trade openness are found to be the primary determinants of the propensity to liberalize. En ligne : https://unctad.org/en/Docs/iteiit20051_en.pdf

FDI and inter-firm linkages / Joanna Scott-Kennel in Transnational Corporations, TRANSCORP 14/1 (April 2005) ([11/12/2018])  

Public ISBD [article]  inTransnational Corporations > TRANSCORP 14/1 (April 2005) [11/12/2018] . - p. 105-138 Titre : FDI and inter-firm linkages : exploring the black box of the Investment Development Path Type de document : texte imprimé Auteurs : Joanna Scott-Kennel, Auteur ; Peter Enderwick, Auteur Année de publication : 2018 Article en page(s) : p. 105-138 Langues : Anglais (eng) Tags : IDE  Développement économique  Relations inter-entreprises Index. décimale : 03.01 COMMERCE / MONDIALISATION Généralités Résumé : The Investment Development Path purports that foreign direct investment acts as a catalyst for economic development in a host country. In this article we conduct a theoretical investigation of the black box of the Investment Development Path – specifically, the mechanisms by which inward foreign direct investment prompts domestic firms to augment their ownership-specific advantages. Using the tenets of the eclectic paradigm, we explore the relationships between the entry of transnational corporations, resource exchange via non-equity, inter-firm linkages, ownership-advantage augmentation, and a host country’s progression through the stages of the Investment Development Path. We conclude that the contribution of inward direct investment to a country’s economic development is positively related to the degree of linkage intensity at the firm level. En ligne : https://unctad.org/en/Docs/iteiit20051_en.pdf [article] FDI and inter-firm linkages : exploring the black box of the Investment Development Path [texte imprimé] / Joanna Scott-Kennel, Auteur ; Peter Enderwick, Auteur . - 2018 . - p. 105-138. Langues : Anglais (eng) in Transnational Corporations > TRANSCORP 14/1 (April 2005) [11/12/2018] . - p. 105-138 Tags : IDE  Développement économique  Relations inter-entreprises Index. décimale : 03.01 COMMERCE / MONDIALISATION Généralités Résumé : The Investment Development Path purports that foreign direct investment acts as a catalyst for economic development in a host country. In this article we conduct a theoretical investigation of the black box of the Investment Development Path – specifically, the mechanisms by which inward foreign direct investment prompts domestic firms to augment their ownership-specific advantages. Using the tenets of the eclectic paradigm, we explore the relationships between the entry of transnational corporations, resource exchange via non-equity, inter-firm linkages, ownership-advantage augmentation, and a host country’s progression through the stages of the Investment Development Path. We conclude that the contribution of inward direct investment to a country’s economic development is positively related to the degree of linkage intensity at the firm level. En ligne : https://unctad.org/en/Docs/iteiit20051_en.pdf