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Direktinvestitionen und Standort Deutschland

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  • Jost, Thomas

Abstract

The unfavourable balance of foreign direct investment plays a major role in the ongoing debate on the quality of Gennany as a business location. High direct investment outflows and low inflows compared with the United Kingdom and France are often seen as a sign of weakness of the Gennan "Standort". The relative attractiveness of different countries for foreign direct investment is usually measured in tenns of the balance of payments data of the host countries. However, owing to still very divergent recording practices across the industrial countries, such comparisons may be misleading. In this paper it is shown that the statistical eITors are minor if investor countries", rather than host countries", data are used to compare the relative attractiveness of different economies for foreign direct investments. Over aperiod of 11 years, foreign balance of payments data show that Gennany has received a considerably higher amount of foreign direct investments than is recorded in the Gennan balance of payments. On the outflow side the different data sources give a more homogeneous picture of a persistently heavy commitment of Gennan companies abroad ...

Suggested Citation

  • Jost, Thomas, 1997. "Direktinvestitionen und Standort Deutschland," Discussion Paper Series 1: Economic Studies 1997,02, Deutsche Bundesbank.
  • Handle: RePEc:zbw:bubdp1:199702
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    Cited by:

    1. Kerstin Pull, 2003. "Der Einfluss personalpolitischer Flexibilität auf die Standortwahl Multinationaler Unternehmen: eine empirische Analyse," IAAEG Discussion Papers until 2011 200301, Institute of Labour Law and Industrial Relations in the European Union (IAAEU).
    2. Borrmann, Christine, 2003. "Methodological problems of FDI statistics in accession countries," HWWA Reports 231, Hamburg Institute of International Economics (HWWA).
    3. Jost, Thomas & Nunnenkamp, Peter, 2003. "Deutsche Direktinvestitionen in Entwicklungs- und Reformländern: haben sich die Motive gewandelt?," Open Access Publications from Kiel Institute for the World Economy 2987, Kiel Institute for the World Economy (IfW Kiel).
    4. Holwegler, Bernhard & Trautwein, Hans-Michael, 1998. "Beschäftigungswirkungen der Internationalisierung - Eine Studie aus- und einfließender Direktinvestitionen der Metall- und Elektroindustrie im Raum Stuttgart," Violette Reihe: Schriftenreihe des Promotionsschwerpunkts "Globalisierung und Beschäftigung" 1/1998, University of Hohenheim, Carl von Ossietzky University Oldenburg, Evangelisches Studienwerk.
    5. Ludger Lindlar & Wolfgang Scheremet, 1998. "Germany's Slump Explaining the Unemployment Crisis of the 1990s," Discussion Papers of DIW Berlin 169, DIW Berlin, German Institute for Economic Research.
    6. Knödler, Hermann & Albertshauser, Ulrich, 2001. "Glocalisation, foreign direct investment and regional development perspectives: Empirical results for West German regions," HWWA Discussion Papers 117, Hamburg Institute of International Economics (HWWA).
    7. Lewe, Stefan, 2003. "Wachstumseffiziente Unternehmensbesteuerung," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 20042, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    8. Borrmann, Christine, 2003. "Methodological Problems of FDI Statistics in Accession Countries and EU Countries," Report Series 26103, Hamburg Institute of International Economics.
    9. Knodler, Hermann & Albertshauser, Ulrich, 2001. "Glocalisation, Foreign Direct Investment and Regional Development Perspectives: Empirical Results for West German Regions," Discussion Paper Series 26402, Hamburg Institute of International Economics.
    10. Jost, Thomas & Nunnenkamp, Peter, 2002. "Bestimmungsgründe deutscher Direktinvestitionen in Entwicklungs- und Reformländern: hat sich wirklich etwas verändert?," Kiel Working Papers 1124, Kiel Institute for the World Economy (IfW Kiel).
    11. Nunnenkamp, Peter, 1998. "German direct investment in Latin America: striking peculiarities, unfounded fears, and neglected issues," Kiel Working Papers 861, Kiel Institute for the World Economy (IfW Kiel).

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