Inward FDI and growth: The role of macroeconomic and institutional environment

Alguacil, Maite; Cuadros, Ana; Orts, Vicente

doi:10.1016/j.jpolmod.2010.12.004

Cited by 183 publications

(125 citation statements)

References 33 publications

Supporting

Mentioning

113

Contrasting

Unclassified

Order By: Relevance

“…larger and more technologically intensive than firms in the host countries, and this might be the reason why they are good at sourcing technology (Keller, 2004). Several studies highlight the fact that FDI inflows contribute to increase the existing level of knowledge through labor training, skills acquisition, and the introduction of alternative management practices as well as new inputs and technologies (see Cuadros et al, 2004;Blalock and Gertler, 2008;Kugler, 2006;Kemeny, 2010, andAlguacil et al, 2011). For China, Liu (2008) Hübler, 2009 andHübler, 2011).…”

Section: Literature Reviewmentioning

confidence: 99%

Energy intensity and investment ownership across Chinese provinces

2013

Self Cite

View full text Add to dashboard Cite

The main objective of this paper is to investigate whether openness and investment ownership are key factors in explaining the diffusion of energy-saving technologies in China. Compared with previous studies, the novel aspect of this work is the use of a rich dataset at provincial level, which allows the high level of regional heterogeneity to be taken into consideration. The unbalanced regional growth has been translated into differences in the need for energy resources across the vast territory of China. A detailed analysis of these issues may provide new insights into the energy situation in this country. The analysis is also disaggregated by type of energy: coal, electricity and petroleum. We estimate the models by panel-corrected standard errors, developed by Beck and Katz (1995), over the period . Results obtained confirm the hypothesis that both foreign and non-state investments play a leading role in the decline of energy intensity across Chinese regions, whereas there is no evidence of a positive contribution of state investment. The findings also reveal differences in energy intensity across regions, thus confirming the importance of accounting for the regional dimension when analyzing energy consumption in China.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Energy intensity and investment ownership across Chinese provinces

2013

Self Cite

View full text Add to dashboard Cite

show abstract

“…While some studies suggest advantageous and negative effects on growth, others find no effect on economic growth at all (Görg and Greenaway 2004). The unconvincing empirical research led some researchers to generalize conclusions regarding the external factors linked to FDI (assuming positive spill-overs could trigger inappropriate policy decisions) (Alguacil et al, 2011).…”

Section: Literature Reviewmentioning

confidence: 99%

The Syndrome of FDI and Economic Growth: Evidence from Latin American Countries

Rjoub¹,

Alrub²,

Soyer³

et al. 2016

JFSR

View full text Add to dashboard Cite

“…Previous studies have examined the determinants of cross-border M&As in different economic settings found that country-specific factors such as economic and financial market indicators, institutional characteristics, political factors (including corruption), accounting, valuation and taxation laws, geographical factors and cultural factors determine the foreign deal success or failure (e.g., Akhigbe, Madura, & Spencer, 2003;Alguacil et al, 2011;di Giovanni, 2005;Hitt, Tihanyi, Miller, & Connelly, 2006;Pablo, 2009;Reis et al, 2013;Serdar Dinc & Erel 2013;Zhang et al, 2011). For example, Rossi andVolpin (2004), Bris andCabolis (2008), and Martynova and Renneboog (2008) suggested that acquisition transactions were high in countries with better accounting standards and stronger investor protection.…”

Section: External Factorsmentioning

confidence: 99%

Why Do Cross-Border Merger/Acquisition Deals Become Delayed, or Unsuccessful? A Cross-Case Analysis in the Dynamic Industries

Reddy

2015

SSRN Journal

View full text Add to dashboard Cite

The purpose of this paper is to analyze three litigated cross-border inbound acquisitions that associated with Asian emerging market-India, namely Vodafone-Hutchison and Bharti Airtel-MTN deals in the telecommunications industry, and Vedanta-Cairn India deal with oil and gas exploration industry. To do so, we adopt a legitimate method in qualitative research, that is, case study method and thereby perform a unit of analysis and cross-case analysis. We suggest that government officials' erratic nature and ruling political party influence were more in foreign inward deals that characterize higher bid value, listed target company, cash payment, and stronger government control in the industry. Importantly, the liability of foreignness and liability of localness was found to be severe in Indian-hosted deals that describe higher valuation, cash payment and dynamic industry. We eventually propose implications of mergers and acquisitions for extractive industries thus to enhance productivity and improve welfare measures during post-integration phase. JEL Classification: G34

show abstract

Inward FDI and growth: The role of macroeconomic and institutional environment

Cited by 183 publications

References 33 publications

Energy intensity and investment ownership across Chinese provinces

Energy intensity and investment ownership across Chinese provinces

The Syndrome of FDI and Economic Growth: Evidence from Latin American Countries

Why Do Cross-Border Merger/Acquisition Deals Become Delayed, or Unsuccessful? A Cross-Case Analysis in the Dynamic Industries

Contact Info

Product

Resources

About