Microdatabase Direct Investment (MiDi) – A full survey of German inward and outward investment

2020 ◽  
Vol 21 (3) ◽  
pp. 273-311 ◽  
Author(s):  
Sven Blank ◽  
Alexander Lipponer ◽  
Christopher-J. Schild ◽  
Dietmar Scholz
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Original Data ◽  
Annual Basis ◽  
Cross Border ◽  
Deutsche Bundesbank ◽  
Official Data

AbstractThe research dataset “Microdatabase Direct Investment” is a dataset on foreign direct investment (FDI) stocks based on the official German FDI microdata. The original data are collected on an annual basis by the Deutsche Bundesbank to compile the FDI stock statistics for Germany. Making this official data available to researchers via the MiDi database provides a research dataset on direct investment relationships that is unique both in terms of data available and in the depth of cross-border shareholdings, covering all years since 1999. In this paper, we explain the central properties of this dataset and demonstrate its usefulness for research.

Foreign Direct Investment

2017 ◽  
Author(s):  
Yilmaz Akyüz
Keyword(s):  
Foreign Direct Investment ◽  
Mergers And Acquisitions ◽  
Financial Markets ◽  
Foreign Exchange ◽  
Direct Investment ◽  
Balance Of Payments ◽  
Productive Capacity ◽  
Cross Border ◽  
Direct Contribution ◽  
High Profit

Recent years have also seen increased openness of EDEs to foreign direct investment (FDI) in search for faster growth and greater stability. However, FDI is one of the most ambiguous and least understood concepts in international economics. Common debate is confounded by several myths regarding its nature and impact. It is often portrayed as a stable, cross-border flow of capital that adds to productive capacity and meets foreign exchange shortfalls. However, the reality is far more complex. FDI does not always involve inflows of financial or real capital. Greenfield investment, unlike mergers and acquisitions, makes a direct contribution to productive capacity, but can crowd out domestic investors. FDI can induce significant instability in currency and financial markets. Its immediate contribution to balance-of-payments may be positive, but its longer-term impact is often negative because of high-profit remittances and import contents.

IFRS Harmonization and Foreign Direct Investment

2016 ◽  
pp. 31-48 ◽  
Author(s):  
Javier Vidal-García ◽  
Marta Vidal
Keyword(s):  
Foreign Direct Investment ◽  
Financial Reporting ◽  
Direct Investment ◽  
Relevant Literature ◽  
Accounting Standards ◽  
Foreign Direct Investments ◽  
International Accounting Standards ◽  
Reporting Standards ◽  
Financial Reporting Standards ◽  
Cross Border

IFRS refers to International Financial Reporting Standards, which are the guidelines that provide the framework for accounting works. The principles are also known as the International Accounting Standards (IAS). This global financial concept was first introduced in 2001 to equip investors with analyzed accounting statements. In this Chapter we review the relation between IFRS and Foreign Direct Investments (FDIs). We review the relevant literature that analyses the effects on IFRS on FDIs and cross-border acquisitions. The economic literature states that the introduction of IFRS has presented an important increase in FDIs. The evidence shows that IFRS adopting countries attract investments from countries that implemented IFRS and non-IFRS implementing countries.

IFRS Harmonization and Foreign Direct Investment

2020 ◽  
pp. 436-453
Author(s):  
Javier Vidal-García ◽  
Marta Vidal
Keyword(s):  
Foreign Direct Investment ◽  
Financial Reporting ◽  
Direct Investment ◽  
Relevant Literature ◽  
Accounting Standards ◽  
Foreign Direct Investments ◽  
International Accounting Standards ◽  
Reporting Standards ◽  
Financial Reporting Standards ◽  
Cross Border

IFRS refers to International Financial Reporting Standards, which are the guidelines that provide the framework for accounting works. The principles are also known as the International Accounting Standards (IAS). This global financial concept was first introduced in 2001 to equip investors with analyzed accounting statements. In this Chapter we review the relation between IFRS and Foreign Direct Investments (FDIs). We review the relevant literature that analyses the effects on IFRS on FDIs and cross-border acquisitions. The economic literature states that the introduction of IFRS has presented an important increase in FDIs. The evidence shows that IFRS adopting countries attract investments from countries that implemented IFRS and non-IFRS implementing countries.

Does the origin matter? The effects of cross-border mergers and acquisitions in France

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Federico Carril-Caccia
Keyword(s):  
Foreign Direct Investment ◽  
Mergers And Acquisitions ◽  
Direct Investment ◽  
Developed Countries ◽  
Emerging Countries ◽  
Intangible Asset ◽  
Data Set ◽  
Content Type ◽  
Cross Border ◽  
The Impact

PurposeThe present article analyses the effects of cross-border mergers and acquisitions (CBM&As) on targets' total factor productivity (TFP), employment, wages and intangible-asset investment. The author investigates whether the impact of CBM&As differs depending on the origin of the investing multinational (MNE). The author distinguishes between CBM&As from European countries, other developed countries and emerging countries.Design/methodology/approachThe author makes use of a unique firm-level data set of foreign direct investment in the French manufacturing sector. The authors applies propensity score matching and difference in differences to estimate the effect of CBM&As.FindingsThe results show that the consequences of CBM&As differ strongly depending on the origin. CBM&As from European MNEs have a positive impact on TFP, wages and intangible-asset investment, and those from emerging countries seem to increase wages and intangible-asset investments. In contrast, CBM&As that originate from MNEs from other developed countries do not have a significant effect.Originality/valueThis article contributes to the growing literature on the effects of foreign direct investment that highlights the relevance of accounting for the MNEs' origin. In particular, it is the first to address the impact of emerging-country MNEs' CBM&As in Europe.

Direktinvestitionen, Exportströme und Beschäftigungseffekte. Gepoolte Regressionen mit Daten aus der amtlichen Statistik für die Schweiz 1985-1997 unter Berücksichtigung branchenspezifischer Besonderheiten / Foreign Direct Investment, Exports and Employment Effects. Pooled Regressions using Official Data for Switzerland 1985-1997 with Emphasis on Sectoral Differences

2000 ◽  
Vol 220 (2) ◽  
Author(s):  
Fred Henneberger ◽  
Alexandre Ziegler
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Eine Analyse ◽  
Employment Effects ◽  
Sectoral Differences ◽  
Official Data

ZusammenfassungEine Sonderauswertung der Schweizerischen Nationalbank zu den Direktinvestitionen schweizerischer Unternehmen desaggregiert nach Zielländern und Branchen erlaubt erstmals für den langen Zeitraum von 1985 bis 1997 sowohl für die Gesamtwirtschaft als auch für die zentralen Branchen der schweizerischen Industrie eine Analyse der Auswirkungen der Direktinvestitionstätigkeit auf die Güter- und damit Arbeitsnachfrage in der Schweiz.Für den gesamten Industriesektor weisen die Ergebnisse der gepoolten Regressionen für die Gruppe der 21 Industrieländer auf eine schwache Substitutionsbeziehung zwischen der Entwicklung der Direktinvestitionen und derjenigen der Exporte hin, nicht jedoch für die Gruppe der 35 Entwicklungsländer. Nach Branchen desaggregiert zeigt sich aber ein weitaus differenzierteres Bild.

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