Studies have found the impact of foreign direct investments (FDI) on productivity growth to be firm-industry-host economy specific. However, the impact of FDI may differ with the existing market conditions in the economy and also with respect to the source of the FDI. The paper examines the impact of FDI on productivity growth of the Indian industry in the period of low market demand conditions...

The paper develops a model of foreign direct investments (FDI) and foreign portfolio investments (FPI). FDI enables the owner to obtain refined information about the firm. This superiority, relative to FPI, comes with a cost: a firm owned by the FDI investor has a low resale price because of asymmetric information between the owner and potential buyers. The model can explain several stylized fa...

Recent work (including that of the author) on the impact of FDI has been based on micro-level (i.e. firms, establishments or plants) data, since this allows much greater control when examining such issues as whether FDI plants are more productive or innovative; whether there are spillovers to indigenous plants from FDI; and whether foreign-owned plants can facilitate the building-up of clusters...

In the early 1990s, hoping to reduce chronic electricity shortages and enhance the efficiency of Chinese power plants, China opened its doors to foreign direct investment (FDI) in electricity generation. Using data from an original survey of US private investors, official Chinese statistics, and other sources, we assess the volume and characteristics of FDI in China's power sector, its impact o...

This paper investigates the effects of global and sectoral restrictive measures on crossborder FDI among 49 advanced emerging countries. We use a gravity model with panel data from 2010 to 2019 Restrictiveness Index OECD that quantifies level restriction in FDI. Our results suggest do not significantly affect cross-border countries, while restrictions service sector have negative significant Mo...

This paper analyses the role of exchange rates in the competition for FDI. Based on the assumption that two countries compete for FDI from the same source country, the paper shows explicitly that the relative FDI of one country is determined by the relative real exchange rate between its currency and that of the source country. The theoretical result suggests that, if the currency of one FDI re...

In this paper we distinguish different “qualities” of FDI to re-examine the relationship between FDI and growth. We use ‘quality’ to mean the effect of a unit of FDI on economic growth. However, this is difficult to establish because it is a function of many different country and project characteristics which are often hard to measure. Hence, we differentiate “quality FDI” in several different ...

This paper uses regional panel data to investigate the mechanism of how FDI has contributed to China’s regional development through quantifying regional marketization level. It is found that FDI inflow generates a demonstration effect in identifying regional market conditions for investment in fixed assets and hence affects industrial location. In addition, its effects on regional export and re...

In this work we present a formal approach to the design of Fault Detection and Identification (FDI) components. We define a comprehensive language for the specification of FDI, and discuss how to check whether a given FDI component fulfills its specification. Then, we propose an automatic procedure to synthesize an FDI component that satisfies a given specification. The approach has been implem...