FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1594182073> ?p ?o ?g. }

• W1594182073 endingPage "596" @default.
• W1594182073 startingPage "579" @default.
• W1594182073 abstract "Foreign direct investment (FDI) is observed to be a predominant form of capital flows to emerging economies, especially when they are liquidity-constrained internationally during a global financial crisis. The financial aspects of FDI are the focus of this paper. We analyze the problem of channelling domestic savings into productive investment in the presence of asymmetric information between the managing owners of firms and other portfolio stakeholders. We explore the role played by FDI in reviving equity-financed capital investment for economies plagued by such information problems. In the presence of information asymmetry, the paper identifies, however, how FDI gives rise to foreign overinvestment as well as domestic undersaving. The gains from trade argument (applied to intertemporal trade) is re-examined in this case of informational-asymmetry-driven FDI. We show that the gains could be sizable when the domestic credit market is either under-developed or failing as a result of a financial crisis. But with a well-functioning domestic credit market, the gains turn into losses. Surprisingly, capital may flow into the country even when the autarkic marginal productivity of capital in the domestic economy falls short of the world rate of interest. In such a situation, capital should have efficiently flown out rather than in, and FDI is a social loss-generating phenomenon." @default.
• W1594182073 created "2016-06-24" @default.
• W1594182073 creator A5011670501 @default.
• W1594182073 creator A5030126643 @default.
• W1594182073 creator A5066963893 @default.
• W1594182073 date "1999-01-01" @default.
• W1594182073 modified "2023-10-02" @default.
• W1594182073 cites W100551052 @default.
• W1594182073 cites W1481104156 @default.
• W1594182073 cites W1485189203 @default.
• W1594182073 cites W1492617973 @default.
• W1594182073 cites W1546523058 @default.
• W1594182073 cites W1590069447 @default.
• W1594182073 cites W1644589990 @default.
• W1594182073 cites W1968551480 @default.
• W1594182073 cites W1991978947 @default.
• W1594182073 cites W2041257115 @default.
• W1594182073 cites W2045316885 @default.
• W1594182073 cites W2069330226 @default.
• W1594182073 cites W2071581306 @default.
• W1594182073 cites W2084839485 @default.
• W1594182073 cites W2095269130 @default.
• W1594182073 cites W2147560556 @default.
• W1594182073 cites W2156109180 @default.
• W1594182073 cites W2466543638 @default.
• W1594182073 cites W3121152942 @default.
• W1594182073 cites W3121316404 @default.
• W1594182073 cites W3121806807 @default.
• W1594182073 cites W3123465718 @default.
• W1594182073 cites W3123888140 @default.
• W1594182073 cites W3125343293 @default.
• W1594182073 cites W3125499361 @default.
• W1594182073 cites W3126109960 @default.
• W1594182073 cites W648921156 @default.
• W1594182073 cites W91656327 @default.
• W1594182073 doi "https://doi.org/10.1023/a:1008709617617" @default.
• W1594182073 hasPublicationYear "1999" @default.
• W1594182073 type Work @default.
• W1594182073 sameAs 1594182073 @default.
• W1594182073 citedByCount "17" @default.
• W1594182073 countsByYear W15941820732012 @default.
• W1594182073 countsByYear W15941820732014 @default.
• W1594182073 countsByYear W15941820732015 @default.
• W1594182073 countsByYear W15941820732016 @default.
• W1594182073 countsByYear W15941820732021 @default.
• W1594182073 crossrefType "journal-article" @default.
• W1594182073 hasAuthorship W1594182073A5011670501 @default.
• W1594182073 hasAuthorship W1594182073A5030126643 @default.
• W1594182073 hasAuthorship W1594182073A5066963893 @default.
• W1594182073 hasBestOaLocation W15941820732 @default.
• W1594182073 hasConcept C10138342 @default.
• W1594182073 hasConcept C106159729 @default.
• W1594182073 hasConcept C137577040 @default.
• W1594182073 hasConcept C139719470 @default.
• W1594182073 hasConcept C162324750 @default.
• W1594182073 hasConcept C166957645 @default.
• W1594182073 hasConcept C17744445 @default.
• W1594182073 hasConcept C18547055 @default.
• W1594182073 hasConcept C199539241 @default.
• W1594182073 hasConcept C199728807 @default.
• W1594182073 hasConcept C2778300220 @default.
• W1594182073 hasConcept C2780821815 @default.
• W1594182073 hasConcept C33842695 @default.
• W1594182073 hasConcept C556758197 @default.
• W1594182073 hasConcept C83646750 @default.
• W1594182073 hasConcept C95457728 @default.
• W1594182073 hasConceptScore W1594182073C10138342 @default.
• W1594182073 hasConceptScore W1594182073C106159729 @default.
• W1594182073 hasConceptScore W1594182073C137577040 @default.
• W1594182073 hasConceptScore W1594182073C139719470 @default.
• W1594182073 hasConceptScore W1594182073C162324750 @default.
• W1594182073 hasConceptScore W1594182073C166957645 @default.
• W1594182073 hasConceptScore W1594182073C17744445 @default.
• W1594182073 hasConceptScore W1594182073C18547055 @default.
• W1594182073 hasConceptScore W1594182073C199539241 @default.
• W1594182073 hasConceptScore W1594182073C199728807 @default.
• W1594182073 hasConceptScore W1594182073C2778300220 @default.
• W1594182073 hasConceptScore W1594182073C2780821815 @default.
• W1594182073 hasConceptScore W1594182073C33842695 @default.
• W1594182073 hasConceptScore W1594182073C556758197 @default.
• W1594182073 hasConceptScore W1594182073C83646750 @default.
• W1594182073 hasConceptScore W1594182073C95457728 @default.
• W1594182073 hasIssue "4" @default.
• W1594182073 hasLocation W15941820731 @default.
• W1594182073 hasLocation W15941820732 @default.
• W1594182073 hasOpenAccess W1594182073 @default.
• W1594182073 hasPrimaryLocation W15941820731 @default.
• W1594182073 hasRelatedWork W158376105 @default.
• W1594182073 hasRelatedWork W2089262675 @default.
• W1594182073 hasRelatedWork W2167251481 @default.
• W1594182073 hasRelatedWork W2215743658 @default.
• W1594182073 hasRelatedWork W2253455130 @default.
• W1594182073 hasRelatedWork W2323280157 @default.
• W1594182073 hasRelatedWork W2993747371 @default.
• W1594182073 hasRelatedWork W3018198737 @default.
• W1594182073 hasRelatedWork W3121515329 @default.
• W1594182073 hasRelatedWork W3124264448 @default.
• W1594182073 hasVolume "6" @default.

• next