The effects of greenfield investment and M&As on domestic investment in developing countries

被引：33

作者：

Ashraf, Ayesha ^{[1
]}

Herzer, Dierk ^{[1
]}

机构：

[1] Univ Hamburg, Dept Econ, D-22043 Hamburg, Germany

来源：

APPLIED ECONOMICS LETTERS | 2014年 / 21卷 / 14期

关键词：

greenfield FDI; cross-border M&As; domestic investment; FOREIGN DIRECT-INVESTMENT; ECONOMIC-GROWTH; FIRMS;

D O I：

10.1080/13504851.2014.904482

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article examines the effects of greenfield investment and M&As on domestic investment using panel data for 100 developing countries for the period 2003 to 2011. It is shown that while cross-border M&As do not have a significant effect on domestic investment, greenfield FDI has a large crowding-out effect.

引用

页码：997 / 1000

页数：4

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