This paper analyzes the prices paid by foreign companies for acquisitions in the United States relative to the price paid by US companies for mergers. The ultimate purpose of this research is to determine if overpayment by foreign companies for M&A foreign direct investment in the United States is responsible for the historically low returns of foreign companies on their direct investments with...

This paper focuses on two major aspects of globalization: international trade and FDI and their impacts on manufacturing employment in Iran and study whether foreign direct investment and trade expansion with Asian and European partner played any role in shaping the Iranian manufacturing employment structure. This study incorporates globalization (KOF index), trade integration and FDI into a si...

technology transmission has engaged not only developing countries but also many western research communities. foreign direct investment is a commonly used method to transfer the technology. since specific studies on factors affecting the transmission of technology through foreign direct investment has not been made in nanotechnology, the purpose of this study is to identify the issues affecting...

This paper evaluates various channels through which foreign technology diffuses to the manufacturing sector of selected developing economies. These economies carry out very little (if any) own R&D so they rely on foreign technology to a much larger extent than developed economies. We investigate the direct effect of foreign R&D, as well as technology embodied in imports of intermediate and capi...

This paper evaluates evidence of the impact of outbound foreign direct investment (FDI) on domestic investment rates. OECD countries with high rates of outbound FDI in the 1980s and 1990s exhibited lower domestic investment than other countries, which suggests that FDI and domestic investment are substitutes. U.S. time series data tell a very different story, however: years in which American mu...

We develop a standard model to show how transaction costs in international investment affect conventional tests of consumption risk sharing, both in a multilateral and a bilateral setting. We implement the tests in a novel international dataset on bilateral holdings of equity, bonds, foreign direct investment and bank loans. International consumption risk sharing increases with foreign capital ...