Effects of aid for trade on extensive and intensive margins of greenfield FDI
Using a panel dataset of 105 developing countries for the period 2003–15, this paper assesses the effects of Aid for Trade (AfT) on greenfield FDI flows to the aid-recipient countries. Particularly, this paper classifies the total dollar value of greenfield FDI flows to each recipient country in ter...
Đã lưu trong:
| Những tác giả chính: | , |
|---|---|
| Định dạng: | Journal article |
| Ngôn ngữ: | English |
| Được phát hành: |
2022
|
| Truy cập trực tuyến: | http://scholar.dlu.edu.vn/handle/123456789/929 |
| Các nhãn: |
Thêm thẻ
Không có thẻ, Là người đầu tiên thẻ bản ghi này!
|
| Thư viện lưu trữ: | Thư viện Trường Đại học Đà Lạt |
|---|
| id |
oai:scholar.dlu.edu.vn:123456789-929 |
|---|---|
| record_format |
dspace |
| spelling |
oai:scholar.dlu.edu.vn:123456789-9292022-10-04T13:50:04Z Effects of aid for trade on extensive and intensive margins of greenfield FDI Ly-My, Dung Lee Hyun Hoon Using a panel dataset of 105 developing countries for the period 2003–15, this paper assesses the effects of Aid for Trade (AfT) on greenfield FDI flows to the aid-recipient countries. Particularly, this paper classifies the total dollar value of greenfield FDI flows to each recipient country in terms of four different layers: the extensive and intensive margins of projects as well as the extensive and intensive margins of source countries. Applying the system GMM estimator, this paper finds that AfT not only increases the dollar value of FDI flows to the recipient countries but also helps diversify the greenfield projects and source countries. In addition, this paper finds that AfT has a greater effect for greenfield FDI from donor (developed) countries than from non-donor (developing) countries. Among the three components of AfT, aid for trade-related infrastructure and aid for trade policy regulations are found to have positive links with greenfield FDI, irrespective of source-country groups, yet their effects are larger for developed source countries. In contrast, aid for building productive capacity hinders greenfield FDI flows from non-donor countries, while it promotes greenfield FDI from donor countries. We offer some explanations for this finding. 2022-09-13T07:38:23Z 2022-09-13T07:38:23Z 2019 Journal article Bài báo đăng trên tạp chí thuộc ISI, bao gồm book chapter http://scholar.dlu.edu.vn/handle/123456789/929 10.1111/twec.12787 en |
| institution |
Thư viện Trường Đại học Đà Lạt |
| collection |
Thư viện số |
| language |
English |
| description |
Using a panel dataset of 105 developing countries for the period 2003–15, this paper assesses the effects of Aid for Trade (AfT) on greenfield FDI flows to the aid-recipient countries. Particularly, this paper classifies the total dollar value of greenfield FDI flows to each recipient country in terms of four different layers: the extensive and intensive margins of projects as well as the extensive and intensive margins of source countries. Applying the system GMM estimator, this paper finds that AfT not only increases the dollar value of FDI flows to the recipient countries but also helps diversify the greenfield projects and source countries. In addition, this paper finds that AfT has a greater effect for greenfield FDI from donor (developed) countries than from non-donor (developing) countries. Among the three components of AfT, aid for trade-related infrastructure and aid for trade policy regulations are found to have positive links with greenfield FDI, irrespective of source-country groups, yet their effects are larger for developed source countries. In contrast, aid for building productive capacity hinders greenfield FDI flows from non-donor countries, while it promotes greenfield FDI from donor countries. We offer some explanations for this finding. |
| format |
Journal article |
| author |
Ly-My, Dung Lee Hyun Hoon |
| spellingShingle |
Ly-My, Dung Lee Hyun Hoon Effects of aid for trade on extensive and intensive margins of greenfield FDI |
| author_facet |
Ly-My, Dung Lee Hyun Hoon |
| author_sort |
Ly-My, Dung |
| title |
Effects of aid for trade on extensive and intensive margins of greenfield FDI |
| title_short |
Effects of aid for trade on extensive and intensive margins of greenfield FDI |
| title_full |
Effects of aid for trade on extensive and intensive margins of greenfield FDI |
| title_fullStr |
Effects of aid for trade on extensive and intensive margins of greenfield FDI |
| title_full_unstemmed |
Effects of aid for trade on extensive and intensive margins of greenfield FDI |
| title_sort |
effects of aid for trade on extensive and intensive margins of greenfield fdi |
| publishDate |
2022 |
| url |
http://scholar.dlu.edu.vn/handle/123456789/929 |
| _version_ |
1768305896803270656 |