This paper analyzes the effects of a potential spillover on technology transfer of a multinational enterprise and on the host country policy. In particular, we examine how both parties’ incentives can be controlled through the ownership structure in an international joint venture. In contrast to existing arguments we show that spillovers must not always have negative effects on technology trans...

Many developing countries are liberalizing their economies to allow higher equity participation by the foreign firms. We argue that the possibility of joint venture can reduce the number of technology transfers. Hence, joint venture can reduce the welfare of a host-country by creating higher market-concentration. However, higher profit generation under joint venture encourages the foreign firm ...

Despite plausible theoretical grounds for presuming a positive relationship between foreign direct investment inflows (FDI) and economic growth, existing empirical evidence on this nexus is inconclusive. In an effort to add to the empirical literature, this paper estimates the relationship between FDI and the rate of growth of GDP using a stochastic frontier model and employing panel data cover...

Non-traditional source countries of FDI play an increasingly important role, notably in developing host countries. This raises the question of whether the location choices differ systematically between traditional and non-traditional source countries. We perform Logit and Poisson Pseudo Maximum Likelihood estimations to assess the determinants of bilateral FDI flows. We find that economic geogr...

After removing annual variability, power spectral analyses of local atmospheric temperature from hundreds of stations and ice core records have been carried out from timescales of 1 day to 200 kyr. A clear sequence of power-law behaviors is found as follows: 1) from 40 kyr to 200 kyr a flat spectrum is observed, 2) from 2 kyr to 40 kyr the spectrum is proportional to f22 where f is the frequenc...

A cellulolytic and thermophilic anaerobe was isolated from soil. This bacterium made a halo on a roll-tube culture containing Avicel. Analysis of the PCR-based 16S rRNA gene sequence showed that the bacterium was closely related to Moorella thermoacetica. Scanning electron microscopy showed the bacterium is a rod and has no protuberant structure on the surface of cells growing on cellulose, sug...

The forage palm is widely cultivated in semiarid regions. It has a basic chromosome number of x = 11 and polyploids are the main variation. propagated via vegetative reproduction, sexual propagation rarely used. objective was to associate physiological quality seeds different cultivars with level ploidy genera Opuntia Nopalea. used were: diploids (2n 22) ‘F8’, ‘F21’, ‘IPA Sertânia’; tetraploids...

Aktual'nost' izucheniya pokazatelej rasprostranennosti, polovozrastnyh osobennostej i diagnostiki rasstrojstv shizofrenicheskogo spektra (razdel F2 SHizofreniya, shizotipicheskie bredovye rasstrojstva) u detej podrostkov — pacientov detskih psihiatricheskih klinik ob"yasnyaetsya predstoyashchim vstupleniem v dejstvie Mezhdunarodnoj klassifikacii boleznej (MKB-11), kotoroj sushchestvennye izmene...

This paper investigates the impact of foreign direct investment (FDI) and corruption on environmental pollution in Tunisia over period 1984–2014 by applying an autoregressive distributed lag model. Our results revealed existence Environmental Kuznets Curve Tunisian case. The haven hypothesis postulates that polluting industrial activity developed countries is shifting to developing with less st...