Book Search:  

 

 
Google full text of our books:

bookjacket

Foreign Direct Investment:
Analysis of Aggregate Flows
Assaf Razin & Efraim Sadka

Hardcover | 2007 | $67.50 / £46.95 | ISBN: 9780691127064
168 pp. | 6 x 9 | 12 line illus. 13 tables. | SHOPPING CART

eBook | ISBN: 9781400829248 |
Our eBook editions are available from these online vendors

Endorsements | Table of Contents
Chapter 1 [HTML] or [PDF] pdf-icon

Google full text of this book:
 

The 1990s saw global flows of foreign direct investment increase some sevenfold, spurring economists to explore FDI from a micro- or trade-based perspective. Foreign Direct Investment is one of the first books to analyze the macroeconomics of FDI, treating FDI as a unique form of international capital flow between specific pairs of countries.

By examining the determinants of the aggregate flows of FDI at the bilateral, source-host-country level, Assaf Razin and Efraim Sadka present the first systematic global analysis of the singular features of FDI flows. Drawing on a wealth of fresh data, they provide new theoretical models and empirical techniques that illuminate the vital country-pair characteristics that drive these flows. Uniquely, Foreign Direct Investment examines FDI between developed and developing countries, and not just between developed countries. Among many other insights, the book shows that tax competition vis-à-vis FDI need not lead to a "race to the bottom." Foreign Direct Investment is an essential resource for graduate students, academics, and policy professionals.

Endorsement:

"Razin and Sadka provide a modern treatment of aggregate foreign direct investment flows and their relationship to portfolio investment and taxation. A unique perspective of this treatise is the emphasis on the role of threshold effects that emerge from fixed costs of FDI. Importantly, there is theory and evidence, which combine into an integrated view of the subject. Scholars and students of international economics will greatly benefit from reading this book."--Elhanan Helpman, Harvard University

"Foreign direct investment flows have become a major feature of the world economy. This book provides a fascinating, novel approach to explaining the determinants of these cross-border investment flows. Razin and Sadka skillfully intertwine theory and empirics to shed new light on the role of private information and fixed costs of operation in shaping foreign direct investment flows. I highly recommend this book for anyone interested in international economics."--Pol Antràs, Harvard University

"This book is an important and timely contribution to our understanding of foreign direct investment. The book contains a great deal of useful material. It begins by presenting a suite of new models for thinking about FDI. This is followed by a review of a range of new data on FDI, combined with empirical techniques that help clarify patterns present in FDI in developing countries. Finally, the book studies one policy issue in depth: the tendency of tax competition among countries to lead to inefficiently low taxes. Interestingly, the book provides a new spin on this argument, showing that host-country taxes need not become too low."--Mark Wright, Stanford University

Table of Contents

Subject Area:

Shopping Cart:

  • For ebooks:

Our eBook editions are available
from these online vendors:

  • Amazon Kindle Store
  • Apple iBooks
  • Barnes & Noble Nook Store
  • Google Play eBook Store
  • Kno eBook Store
  • Kobo eBook Store
  • Many of our ebooks are available through
    library electronic resources including these platforms:

  • Books at JSTOR
  • Ebrary
  • Ebook Library
  • EBSCO Ebooks
  • MyiLibrary
  • Dawsonera (UK)

  • Shopping Cart:

    • For hardcover/paperback orders:

      For hardcover/paperback orders in the United States, Canada, Latin America, Asia, and Australia

      Hardcover: $67.50 ISBN: 9780691127064

      For hardcover/paperback orders in Europe, Africa, the Middle East, and India, and Pakistan

      Hardcover: £46.95 ISBN: 9780691127064

      Add to shopping cart

      Prices subject to change without notice

      File created: 11/10/2014

    Questions and comments to: webmaster@press.princeton.edu
    Princeton University Press

    New Book E-mails
    New In Print
    PUP Blog
    Videos/Audios
    Princeton APPS
    Sample Chapters
    Subjects
    Series
    Catalogs
    Princeton Legacy Library
    Textbooks
    Media/Reviewers
    Class Use
    Rights/Permissions
    Ordering
    Recent Awards
    Princeton Shorts
    Freshman Reading
    PUP Europe
    About Us
    Contact Us
    Links
    F.A.Q.
    PUP Home


    Bookmark and Share
    Send me emails
    about new books in:
    Economics
    More Choices