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Greenfield investments, cross-border M&As, and economic growth in emerging countries

Economics and Business Letters

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Title Greenfield investments, cross-border M&As, and economic growth in emerging countries
 
Creator Luu, Hiep Ngoc; School of Management
University of St Andrews
 
Description This paper investigates the effect of foreign direct investment (FDI) on economic growth in emerging countries through its two major entry modes: Greenfield investments and cross-border mergers and acquisitions (M&As). We found that both Greenfields and M&As contribute positively to accelerating growth. In addition, emerging countries could obtain more benefits from Greenfields and M&As if the human capital levels were enhanced. We also found that while growth did not have any significant impact on Greenfield investment levels, lower economic growth could lead to higher M&A flows.
 
Publisher Oviedo University Press
 
Contributor —
 
Date 2016-10-05
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.unioviedo.es/reunido/index.php/EBL/article/view/11144
10.17811/ebl.5.3.2016.87-94
 
Source Economics and Business Letters; Vol 5, No 3 (2016): September; 87-94
Economics and Business Letters; Vol 5, No 3 (2016): September; 87-94
2254-4380
10.17811/ebl.5.3.2016
 
Language eng
 
Relation http://www.unioviedo.es/reunido/index.php/EBL/article/view/11144/10602
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