(2005) At the enlargement of the European Union, the integration of the Central European applicant countries to the European economic area had already been widely implemented. In particular, trade reorientation to the West and foreign direct investment (FDI) had generated intensive economic linkages between old and new EU members. Transformation and economic integration have further resulted in changing patterns of regional specialization. At the same time, the Central European applicant countri more...

(2006) This paper uses firm-level survey data of Kenyan manufacturing industry to examine the significance of FDI and firm-level capabilities in human capital development. It undertakes a detailed descriptive comparison of human capital and other firm-level capabilities generated by both foreign and locally owned firms. The analysis shows that foreign firms generally enjoyed high human capital development and firm-level capabilities than locally owned firms. Empirical evaluation of human capital more...

(2005) This paper examines the role that agglomeration economies play as location determinants in manufacturing foreign direct investment, with special emphasis on inter-industry heterogeneity. The analysis reveals that agglomeration economies are significant determinants of the regional distribution of manufacturing FDI, and that the nature and importance of locational determinants vary according to the specific needs of each industry. In short manufacturing agglomeration and location economies more...

(2005) The purpose of this study is to build and estimate a model to assess the determinants of Foreign Direct Investment (FDI) in Latin America and also for a larger group of emerging market countries. Based on a panel data model for seven Latin American Countries over the period of 1984-2001, we estimate the FDI model. The estimation results indicate that FDI inflows to Latin America are determined by the lagged GDP (gross domestic product), as a proxy of the market size of the host country, b more...

(2005) A development and underdevelopment is presented using a Schumpeterian model for an open global economy with technology transfer and trade. When in the context of free commerce there exist strong enough mechanisms allowing technological asymmetries between countries to generate higher innovation incentives for the leaders, persistent inequality and divergence will result. Identical countries will reach different steady states. Such mechanisms include labor- and market- seeking foreign dire more...

(2005) Since the 1980s Japan has emerged as one of the world’s leading sources of foreign direct investment (FDI) reflecting the continuing internationalisation of Japanese corporations. This paper provides a broad survey of trends in Japanese FDI in the postwar period by both country and industry and discusses the motivations for investment. Overseas investment reflects the growth and adjustment of the Japanese economy since the 1950s and is an indicator of how industries have responded to fa more...

(2003) This paper uses dynamic panel data methods to examine the determinants of Foreign Direct Investment (FDI) into Central and Eastern European Countries (CEECs). Our empirical model shows that the traditional determinants, such as market potential, low relative unit labor costs, a skilled workforce and relative endowments have significant and plausible e®ects. In addition, transition-specific factors such as the level and method of privatisation, and the country risk, play an important role more...

(2005) In this paper, we utilize firm-level data on foreign firm manufacturing plants in four Central and Eastern European Countries, in order to trace their location and estimate the determinants of their choice processes. At this purpose, we use a nested logit model as developed by McFadden (1974). Several reasons explain the need for mapping FDI. First of all, this would help to understand the real competitiveness of regions and countries in providing location advantages able to complement MN more...

(2006) The author investigates the effects of preferential trade agreements (PTAs) on the net foreign direct investment (FDI) inflows of member countries using a comprehensive database of PTAs in a panel setting. He finds that PTA membership is associated with a positive change in net FDI inflows, and the FDI gains are increasing in the market size of the PTA partners and their proximity to the host country. The author identifies several different channels through which preferential trade libera more...

(2005) The study is an empirical analysis of the role of FDI in India's manufacturing exports during the period 1990-1 - 2003-4. The study assumes importance in view of the fact that manufacturing export constitutes 60 per cent of the total exports in the post reform period and the spurt in FDI flow too took place in the above period. The study also analyses the determinants of fiscal decentralization at the sub- national level for the period 1990-91 - 2001-02. The theoretical arguments for the more...