foreign direct investment has been a key topic in development literature for a long time. many economists have written articles on the on recipient’s macroeconomic variables, transfer of capital and technology. the improvement of managerial and human resources, promotion of foreign trade with its emphasized role on economic growth of recipients. other economists have an opposite view. they have...

ecause a large number of tourists come to  Mashhad, this city has a high potential for the development of tourism-related activities. Therefore, it is necessary to equip resources for tourism activities and investment in this regard. Despite the highest tourism potential in Mashhad, there are great opportunities for the tourism industry, which has not been fully identified and has not been made...

In order to incorporate FDI factors for different MNEs, industries and countries, a unique dataset that includes country-, industryand firmlevel data is constructed. This approach avoids the aggregation or disaggregation problem by considering several levels of data simultaneously in to the analysis. The constructed database contains information on 1,223 foreign investment made by EU15 countrie...

using the treynor and mazoy model (expanded by fama to evaluate management performance for asset allocation among investment units), this paper examines the management’s performance in funds and investment companies in tehran stock exchange during 2004-2010. the results do not support the application of management market timing during the study period and managers were only able to create addit...

We consider the theory of algebraically closed fields of characteristic zero with raising to powers operations. In an earlier paper we have described complete first-order theories of such a structures, provided that a diophantine conjecture CIT does hold. Here we get rid of this assumption. The theory of complex numbers with raising to real powers satisfies the description if Schanuel’s conject...

We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U-shaped. We consider a two-stage game with cost-reducing investments followed by a linear differentiated Cournot duopoly. We first show that, except for firms that are much less efficient than the competitor, investment in the subgame-perfect equilibrium is minimal for intermed...

This is the first comprehensive experimental study about investigation the impacts of information technology on efficiency of Iran’s banks for a period of 22 years from (1990 to 2011) by using SFA model. Results of the study have shown the technical efficiency average of Iranian banks during the study is (79%) and technical efficiency of privatelyowned banks in Iran is higher than publicly-owne...

in the process of investment decision making, next to financial indicators many other aspects of investment projects are increasingly often considered. this leads to the multi-criteria evaluation of a project. the advantage of multi-criteria methods is the ability to take into account all (not only financial) aspects of the attractiveness of an investment project. the selection of criteria of p...