FDI impact on Firm Performance in Enlarged Europe: Evidence from a Meta-Regression Analysis
نویسندگان
چکیده
FDI Impact on Firm Performance in Enlarged Europe: Evidence from a Meta-Regression Analysis This paper combines, explains and summarizes recent findings from the empirical literature focusing on the FDI’s effect on firms’ performances by collecting all the relevant firm level quantitative studies to run a regression of regressions focused on Enlarged Europe. The results show that there exists a positive indirect impact of FDI on productivity and ultimately on economic growth in EU, but it is limited in magnitude. Moreover, the effect of FDI on growth is stronger for New EU Members after 2001. JEL Classification: C81, F23, O52
منابع مشابه
Analyzing the Impact of Credit Ratings on Firm Performance and Stock Returns: Evidence from Taiwan
The respective study covers three aspects; factors determining credit rating, credit rating impact on performance of entities and the relation between stock returns and credit rating. The study focuses on the firms listed in Taiwan Stock Exchange (TSE) of Taiwan. The empirical analysis uses the data of 50 firms rated by Taiwan Ratings Corporation (TRC) for the period 2010-2015. Two estimation t...
متن کاملThe Impact of Leverage on Firm Investment: Evidence from Tehran Stock Exchange
The impact of financial leverage on firm investment is one of the most important issues in corporate finance. Debt overhang reduces the incentives of shareholder–management coalition in controlling the firm to invest in positive net-present-value investment opportunities. On the other hand, firms without debt in their financial structure face with a new problem known as over-investment. T...
متن کاملThe Impact of Human Capital on FDI with New Evidence from Bootstrap Panel Granger Causality Analysis
T his study evaluates the causality relationship between human capital and foreign direct investment inflow in twenty-six OIC (the Organization of Islamic Cooperation) countries over the period 1970–2014. We employed the panel Granger non-causality testing approach of Kònya (2006) that is based on seemingly unrelated regression (SUR) systems, and Wald tests with country specific boot...
متن کاملPanel Causality Relationship Among FDI And Trade (Evidence From 16 Advanced Europe Countries)
متن کامل
Effects of Foreign Direct Investment and Firm Export in Economic Growth: Evidence from Uzbekistan
Uzbekistan’s economy has been enjoying a progressive economic growth thanks to diversified export structure, attracted foreign direct investment (FDI), more sophisticated industries and open economic policy. Impact of inward FDI and export has become more significant due to their rapid shift and extension across all industries. This article examines the impact of FDI based firms on economic gro...
متن کامل