发展中国家对外直接投资的新趋势

文章在系统总结发展中国家对外直接投资历程的基础上,结合发展中国家FDI出现的新特点,认为发展中国家的对外直接投资除已出现学习型FDI、竞争策略型FDI以外,极少数发展中国家的跨国公司已开始进入更为高级的市场势力型FDI阶段。     

基于合作博弈的跨国企业跨文化管理稳定性

本文利用合作博弈理论和方法,分析了跨国企业想要获得最大化利益的最优选择策略,并通过对跨国企业合作博弈的稳定性进行分析,找出其最稳定的状态,以便促进跨国企业更有效进行跨文化管理。     

普惠制—开启国际市场的金钥匙

一什么是普惠制 普惠制是普遍优惠制(Generalizde System of Preferences)的简称,其缩写为GSP,是发达国家对发展中国家出口的某些产品,特别是工业制成品和半制成品所实行的一种关税减免优惠制度.     

我国境外企业人力资源策略的选择

文章在介绍四种跨国企业人力资源策略基础上,分析了在华跨国公司的本国中心主义人力资源策略的原因,以江苏在香港投资企业为例,剖析了我国境外企业人力资源倾向于本国中心主义策略的原因,文章最后认为:无论是发展中国家向发达国家或地区投资,还是发达国家向发展中国家投资,在开始阶段都无法避免在人力资源上采取本国中心主义策略这一阶段。     

FDI过程中关税、专利保护强度的最优化问题

本文基于Vishwasrao等人(2005)、黄静波和孙晓琴(2008)的两个模型,探讨了在引入对于发展中国家自主创新能力和专利保护强度的度量后南方国家福利的优化问题;论述了关税、专利保护强度的设定和进口产品技术含量之间的关系;证明了当发生技术进步时,南方国家的福利变化取决于本国的自主创新能力。     

2005增资中国

跨国企业依然对向中国投资表现出极大的信心。根据科尔尼最新的外国直接投资c{FDI}信心指数中国作为最受欢迎的FDI目的地，其相对于美国和世界其他国家（地区)的领先优势继续扩大。在满分为3分的信心指数得分审中国得到2.03分排在全球主要FDI目的地国家之首。     

碳关税的社会福利--结合中国实证的分析

面对日益严重的环境污染,“碳关税”征收与否以及如何征收成为当前各界关注的一个焦点。本文从需求价格弹性角度探讨碳关税对贸易和福利的影响,并且将由于高碳产品高耗能原因导致的对环境的损害考虑到社会总福利的模型中,最终从企业及政府双重角度讨论碳关税的有效性及决定碳关税及出口量的最优值,讨论最优碳关税税率制定时所需要考虑的重要影...     

企业如何突破贸易技术壁垒

WTO的前身关税与贸易总协定(GATT)自1948年1月1日生效后，经多次关税减让谈判，数以千计的工业品和家用产品的关税大大削减，西方9个主要工业国家平均关税已从40％降到4．7％，属于WTO成员的发展中国家关税水平也大幅下降。但是为了保护本国利益，国际间出现了新的贸易壁垒形式，在逐步减少关税造成的贸易壁垒的同时，     

不同产业类型FDI对东道国创新能力的影响——以我国制造业为背景

经济全球化为发展中国家创新能力的提高提供了可能,其中FDI(外商直接投资)是发展中国家提高创新能力的方式之一。本文利用回归模型并以2003-2012年中国制造业28个行业的面板数据(panel data)为样本,分析FDI对创新能力的影响,并从技术的溢出和吸收两个角度进行了考察。结果表明:把FDI当作整体来考察的话,其对东道国创新能力的促进作用不显著;在对FDI进行分类的基础上发现技术密集型FDI对东道国的促进作用显著,有明显的正相关关系;同时时,技术密集型FDI对东道国的促进作用不是无条件的的,它需要东道国具备一定程度的技术吸收能力。     

新兴市场国家银行业FDI的发展研究

20世纪90年代以来,发展中国家成为银行部门FDI选择的重要对象,近年来,对于新兴市场国家银行业FDI的研究逐步深入,尤其在分析进入原因、进入路径以及后期对新兴市场国家的正反影响方面研究较多。本文结合了关于对新兴市场国家银行业FDI发展的经典研究理论,分别对三个代表性的发展中国家的地区进行研究,总结各自发展的特点和经验,并提出较具启示性的建议。     

跨国公司的群居机制与落后地区的引资政策

尽管所有的区位都有某种生产活动,但只有部分区位能吸引FDI,FDI比其他生产方式在空间上更“扎堆”,形成地区性集聚是绝大多数外资企业的归宿。本文通过建立一个由跨国公司和东道国企业所构成的寡头垄断的产量竞争模型,分析了跨国公司向东道国的FDI投资具有群居特征的机制,并对落后地区吸引外资的政策力度进行了分析。     

Political culture and foreign direct investment: The case of Italy

Does the political culture of an area have any impact on the foreign direct investment (FDI) decisions of multinational corporations (MNCs)? This question is difficult to address empirically, as locations differ in many dimensions. We therefore address this question by examining MNC investment location decisions with regard to different regions within a single country. The country we examine is Italy, which exhibits one of the highest levels of variation with regard to the political culture of its geographical regions. We find that political culture as represented by the pattern of support for political parties at different points on the political spectrum has a significant impact on the MNC investment location decision. Thus, in choosing between locations on a short list, where economic and financial location factors are roughly similar, political culture can have a determining influence. In the case of Italy, a Center-right orientation is conducive to MNC FDI, while a Center-left orientation is not. A Far-left orientation is found to have a very negative effect on FDI.     

Seventh EACES Conference: Globalisation and Economic Governance, Forli, 6–8 June 2002: A selection of summaries

In the last decade, outward foreign direct investment (FDI) from transition countries (TCs) has emerged. The new multinational corporations (MNCs) from TCs are quite different from the former “red multinationals” (1), we describe the emergence of these new MNCs (2) and then provide econometric testing of the relationship between outward FDI and the level of economic development in home country that fits with TCs (3).     

The new multinational corporations from transition countries

In the last decade, outward foreign direct investment (FDI) from transition countries (TCs) has emerged. The new multinational corporations (MNCs) from TCs are quite different from the former “red multinationals” (1), we describe the emergence of these new MNCs (2) and then provide econometric testing of the relationship between outward FDI and the level of economic development in home country that fits with TCs (3).     

RJVs吸引跨国公司FDI的博弈分析

本文提出一种有效的吸引跨国公司FDI的新取向—建立RJVs,基于R&D合作双寡头模型,建立了R&D投资水平和产品生产两阶段的博弈模型,运用逆推归纳法分析了与跨国公司建立RJVs对母国吸引跨国公司FDI的积极作用。     

WHAT DO WE KNOW ABOUT THE IMPACT OF INTELLECTUAL PROPERTY RIGHTS ON THE FOREIGN DIRECT INVESTMENT LOCATION (COUNTRY) CHOICE? A REVIEW AND RESEARCH AGENDA

Despite a longstanding debate, at both a theoretical and empirical level, research on the relationship between foreign direct investment (FDI) and intellectual property rights (IPRs) remains scant and ambiguous. As a result, the link between IPR strength and multinational enterprises’ (MNEs) propensity to invest is unproven and seemingly dependent on a number of factors. We critically review the theory and evidence of the influence of IPRs on FDI and MNEs’ investment location (country) decisions both to ‘take stock’ of existing knowledge of this relationship and, by identifying gaps in, and shortcomings of prior work, develop a fruitful research agenda. We find that existing empirical work on the IPR–FDI nexus, though skewed in favour of a positive relationship between IPR protection and FDI, is fragmented, inconclusive and unable to square the conflicting theoretical predictions on how the strength of IPRs can affect MNEs’ FDI location decisions. Several issues and challenges are highlighted to explain the difficulties of the collective body of past empirical work to provide a definite answer to the question of the impact of IPRs on FDI, from which valuable recommendations are proposed to guide future applied research.     

Foreign firms in China: modelling HRM in a toy manufacturing corporation

This article reports the study of a large, wholly foreign‐owned toy factory in China. It explores whether foreign direct investment (FDI) manufacturing firms in China inevitably operate in a Taylorist fashion, in contrast to the much praised HR model of blue chip multinational corporations (MNCs) in the country, or whether there is a ‘third way’ in which good HR practices may be adopted on the ground. The article concludes that a more nuanced approach is needed in our study of FDI companies in order to gain a fuller understanding of the institutional and cultural factors at play and of the consequent diversity in the HR and employment practices of FDI firms, instead of being trapped in a simplistic and polarising typological framework of analysis. This study is necessary in light of the growing diversity in the patterns of FDI companies operating in China in terms of their ownership structure, product market, management style and HR strategy, both for managers and for workers.     

Causality Tests for Cross-Country Panels: a New Look at FDI and Economic Growth in Developing Countries

The remarkable increase in FDI flows to developing countries over the last decade has focused attention on whether this source of financing enhances overall economic growth. We use a mixed fixed and random (MFR) panel data estimation method to allow for cross country heterogeneity in the causal relationship between FDI and growth and contrast our findings with those from traditional approaches. We find that the relationship between investment, both foreign and domestic, and economic growth in developing countries is highly heterogeneous and that estimation methods which assume homogeneity across countries can yield misleading results. Our results suggest there is some evidence that the efficacy of FDI in raising future growth rates, although heterogeneous across countries, is higher in more open economies.     

Foreign direct investment and financial markets influences: Results from the United States

This paper investigates the linkages among Foreign Direct Investment (FDI-greenfield and mergers and acquisitions (M&A)) decisions and equity market returns and volatilities. The central premise is that FDI decisions by Multinational Enterprises (MNE) are influenced, among other factors, by risk and uncertainty indicated by equity market returns and volatilities in the destination (host) countries. This is because of the events on the stock markets in general, and their volatilities, in particular, signal the vitality of the investment climate of the target country. Including capital market variables among the determinants of FDI is important for assessing the cost of capital and for evaluating direct investment and asset allocation decisions.Secondary time-series data (quarterly) were used on incoming US FDI from 1994 to 2018 along with data on independent variables such as exchange rates, inflation, market size, equity market returns, and equity market volatilities. Thus, the paper endeavors to contribute to the International Business literature by highlighting the role played of equity returns and volatilities in FDI decisions and therewith attempts to integrate finance (capital markets) with International Business/Strategic Decision making. Several different regression specifications (OLS, Fixed, and random-effects and VAR) were utilized to analyze the data, and capital market variables (stock returns and volatilities) were found to influence the location of production facilities by a multinational enterprise (MNE). In other words, the share of production capacity optimally located abroad, as well as M&A decisions, are influenced by capital market returns and volatilities.