When two quarrel, the third rejoices: Windfall FDIs and the early winners of the Russian-Ukrainian war
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Caldara, Dario & Iacoviello, Matteo & Molligo, Patrick & Prestipino, Andrea & Raffo, Andrea, 2020.
"The economic effects of trade policy uncertainty,"
Journal of Monetary Economics, Elsevier, vol. 109(C), pages 38-59.
- Dario Caldara & Matteo Iacoviello & Patrick Molligo & Andrea Prestipino & Andrea Raffo, 2019. "The Economic Effects of Trade Policy Uncertainty," International Finance Discussion Papers 1256, Board of Governors of the Federal Reserve System (U.S.).
- Maria Cipollina & Giorgia Giovannetti & Filomena Pietrovito & Alberto F. Pozzolo, 2012.
"FDI and Growth: What Cross-country Industry Data Say,"
The World Economy, Wiley Blackwell, vol. 35(11), pages 1599-1629, November.
- Cipollina, Maria & Giovannetti, Giorgia & Pietrovito, Filomena & Pozzolo, Alberto Franco, 2011. "FDI and growth: what cross-country industry data say," Economics & Statistics Discussion Papers esdp11060, University of Molise, Department of Economics.
- Maria Cipollina & Giorgia Giovannetti & Filomena Pietrovito & Alberto Franco Pozzolo, 2011. "FDI and growth: what cross-country industry data say," Working Papers 10, Department of the Treasury, Ministry of the Economy and of Finance.
- Maria Cipollina & Giorgia Giovannetti & Filomena Pietrovito & Alberto Franco Pozzolo, 2011. "FDI and Growth: What Cross-Country Industry Data Say," Development Working Papers 313, Centro Studi Luca d'Agliano, University of Milano.
- Maria Cipollina & Giorgia Giovannetti & Filomena Pietrovito & Alberto Franco Pozzolo, 2011. "FDI and growth: What cross-country industry data say," Mo.Fi.R. Working Papers 51, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Hijzen, Alexander & Görg, Holger & Manchin, Miriam, 2008.
"Cross-border mergers and acquisitions and the role of trade costs,"
European Economic Review, Elsevier, vol. 52(5), pages 849-866, July.
- Alexander Hijzen & Holger Görg & Miriam Manchin, 2006. "Cross-border mergers and acquisitions and the role of trade costs," European Economy - Economic Papers 2008 - 2015 242, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- repec:oup:ecpoli:v:26:y:2011:i:66:p:285-342 is not listed on IDEAS
- Alfaro, Laura & Chanda, Areendam & Kalemli-Ozcan, Sebnem & Sayek, Selin, 2004.
"FDI and economic growth: the role of local financial markets,"
Journal of International Economics, Elsevier, vol. 64(1), pages 89-112, October.
- Sebnem Kalemli-Ozcan & Laura Alfaro & Selin Sayek & Areendam Chanda, 2002. "FDI and Economic Growth: The Role of Local Financial Markets," Macroeconomics 0212007, University Library of Munich, Germany.
- Clò, Stefano & Fiorio, Carlo V. & Florio, Massimo, 2017. "The targets of state capitalism: evidence from M&A deals," European Journal of Political Economy, Elsevier, vol. 47(C), pages 61-74.
- Gabriel Felbermayr & Hendrik Mahlkow & Alexander Sandkamp, 2023.
"Cutting through the value chain: the long-run effects of decoupling the East from the West,"
Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(1), pages 75-108, February.
- Gabriel Felbermayr & Hendrik Mahlkow & Alexander Sandkamp, 2022. "Cutting Through the Value Chain: The Long-run Effects of Decoupling the East from the West," WIFO Working Papers 644, WIFO.
- Gabriel J. Felbermayr & Hendrik Mahlkow & Alexander-Nikolai Sandkamp, 2022. "Cutting through the Value Chain: The Long-Run Effects of Decoupling the East from the West," CESifo Working Paper Series 9721, CESifo.
- Gabriel Felbermayr & Hendrik Mahlkow & Alexander Sandkamp, 2022. "Cutting through the Value Chain: The long-run effects of decoupling the East from the West," FIW Working Paper series 196, FIW.
- Felbermayr, Gabriel & Mahlkow, Hendrik & Sandkamp, Alexander-Nikolai, 2022. "Cutting through the value chain: The long-run effects of decoupling the East from the West," Kiel Working Papers 2210, Kiel Institute for the World Economy (IfW Kiel).
- Gabriel J. Felbermayr & Hendrik Mahlkow & Alexander Sandkamp, 2022. "Cutting through the Value Chain: The Long-Run Effects of Decoupling the East from the West," EconPol Policy Brief 41, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Goldberg,Pinelopi Koujianou & Reed,Tristan, 2023.
"Is the Global Economy Deglobalizing ? And If So, Why? And What Is Next?,"
Policy Research Working Paper Series
10392, The World Bank.
- Pinelopi K. Goldberg & Tristan Reed, 2023. "Is the Global Economy Deglobalizing? And if so, why? And what is next?," NBER Working Papers 31115, National Bureau of Economic Research, Inc.
- repec:bla:ecpoli:v:26:y:2011:i:66:p:285-342 is not listed on IDEAS
- Damioli, Giacomo & Gregori, Wildmer Daniel, 2023.
"Diplomatic relations and cross-border investments in the European Union,"
European Journal of Political Economy, Elsevier, vol. 76(C).
- Damioli, Giacomo & Gregori, Wildmer Daniel, 2021. "Diplomatic relations and cross-border investments in the European Union," JRC Working Papers in Economics and Finance 2021-02, Joint Research Centre, European Commission.
- José de Sousa & Julie Lochard, 2011. "Does the Single Currency Affect Foreign Direct Investment?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 113(3), pages 553-578, September.
- Davis, J. Scott & Valente, Giorgio & van Wincoop, Eric, 2021.
"Global drivers of gross and net capital flows,"
Journal of International Economics, Elsevier, vol. 128(C).
- J. Scott Davis & Giorgio Valente & Eric Van Wincoop, 2019. "Global Drivers of Gross and Net Capital Flows," Globalization Institute Working Papers 357, Federal Reserve Bank of Dallas.
- Pinelopi K. Goldberg & Tristan Reed, 2023. "Is the Global Economy Deglobalizing? If So, Why? And What Is Next?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 54(1 (Spring), pages 347-423.
- Laura Alfaro & Davin Chor, 2023. "Global Supply Chains: The Looming “Great Reallocation”," NBER Working Papers 31661, National Bureau of Economic Research, Inc.
- Henrik Hansen & John Rand, 2006.
"On the Causal Links Between FDI and Growth in Developing Countries,"
The World Economy, Wiley Blackwell, vol. 29(1), pages 21-41, January.
- Henrik Hansen & John Rand, 2004. "On the Causal Links between FDI and Growth in Developing Countries," Discussion Papers 04-30, University of Copenhagen. Department of Economics.
- Henrik Hansen & John Rand, 2005. "On the Causal Links between FDI and Growth in Developing Countries," WIDER Working Paper Series RP2005-31, World Institute for Development Economic Research (UNU-WIDER).
- Abdur Chowdhury & George Mavrotas, 2006. "FDI and Growth: What Causes What?," The World Economy, Wiley Blackwell, vol. 29(1), pages 9-19, January.
- Gian-Maria Milesi-Ferretti & Cédric Tille, 2011.
"The great retrenchment: international capital flows during the global financial crisis [‘The great trade collapse: what caused it and what does it mean?’],"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 26(66), pages 289-346.
- Gian-Maria Milesi-Ferretti & Cédric Tille, 2010. "The Great Retrenchment: International Capital Flows During the Global Financial Crisis," IHEID Working Papers 18-2010, Economics Section, The Graduate Institute of International Studies, revised 15 Sep 2010.
- Gian-Maria Milesi-Ferretti & Cedric Tille, 2011. "The Great Retrenchment: International Capital Flows During the Global Financial Crisis," Working Papers 382011, Hong Kong Institute for Monetary Research.
- Hildegunn K. Nordås & Dorothée Rouzet, 2017. "The Impact of Services Trade Restrictiveness on Trade Flows," The World Economy, Wiley Blackwell, vol. 40(6), pages 1155-1183, June.
- Freund, Caroline & Mattoo, Aaditya & Mulabdic, Alen & Ruta, Michele, 2024.
"Is US trade policy reshaping global supply chains?,"
Journal of International Economics, Elsevier, vol. 152(C).
- Freund,Caroline & Mattoo,Aaditya & Mulabdic,Alen & Ruta,Michele, 2023. "Is US Trade Policy Reshaping Global Supply Chains ?," Policy Research Working Paper Series 10593, The World Bank.
- Litterman, Robert B, 1986.
"Forecasting with Bayesian Vector Autoregressions-Five Years of Experience,"
Journal of Business & Economic Statistics, American Statistical Association, vol. 4(1), pages 25-38, January.
- Robert B. Litterman, 1985. "Forecasting with Bayesian vector autoregressions five years of experience," Working Papers 274, Federal Reserve Bank of Minneapolis.
- Boris Blagov & Maximilian Dirks & Michael Funke, 2024.
"Economic Knock-On Effects of Russia’s Geopolitical Risk on Advanced Economies: A Global VAR Approach,"
CESifo Working Paper Series
10880, CESifo.
- Blagov, Boris & Dirks, Maximilian & Funke, Michael, 2024. "Economic knock-on effects of Russia's geopolitical risk on advanced economies: A global VAR approach," Ruhr Economic Papers 1061, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Head, Keith & Ries, John, 2008. "FDI as an outcome of the market for corporate control: Theory and evidence," Journal of International Economics, Elsevier, vol. 74(1), pages 2-20, January.
- repec:hal:journl:hal-04328098 is not listed on IDEAS
- Gopinath, Gita & Gourinchas, Pierre-Olivier & Presbitero, Andrea F. & Topalova, Petia, 2025.
"Changing global linkages: A new Cold War?,"
Journal of International Economics, Elsevier, vol. 153(C).
- Gopinath, Gita & Gourinchas, Pierre-Olivier & Presbitero, Andrea & Topalova, Petia, 2024. "Changing Global Linkages: A New Cold War?," CEPR Discussion Papers 18997, C.E.P.R. Discussion Papers.
- Ms. Gita Gopinath & Pierre-Olivier Gourinchas & Mr. Andrea F Presbitero & Petia Topalova, 2024. "Changing Global Linkages: A New Cold War?," IMF Working Papers 2024/076, International Monetary Fund.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Dirks, Maximilian W., 2025. "When two quarrel, the third rejoices: Windfall FDI and the early winners of the Russian-Ukrainian war," Ruhr Economic Papers 1161, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Damioli, Giacomo & Gregori, Wildmer Daniel, 2023.
"Diplomatic relations and cross-border investments in the European Union,"
European Journal of Political Economy, Elsevier, vol. 76(C).
- Damioli, Giacomo & Gregori, Wildmer Daniel, 2021. "Diplomatic relations and cross-border investments in the European Union," JRC Working Papers in Economics and Finance 2021-02, Joint Research Centre, European Commission.
- Gopinath, Gita & Gourinchas, Pierre-Olivier & Presbitero, Andrea F. & Topalova, Petia, 2025.
"Changing global linkages: A new Cold War?,"
Journal of International Economics, Elsevier, vol. 153(C).
- Ms. Gita Gopinath & Pierre-Olivier Gourinchas & Mr. Andrea F Presbitero & Petia Topalova, 2024. "Changing Global Linkages: A New Cold War?," IMF Working Papers 2024/076, International Monetary Fund.
- Gopinath, Gita & Gourinchas, Pierre-Olivier & Presbitero, Andrea & Topalova, Petia, 2024. "Changing Global Linkages: A New Cold War?," CEPR Discussion Papers 18997, C.E.P.R. Discussion Papers.
- Kose,Ayhan & Ohnsorge,Franziska Lieselotte & Ye,Lei Sandy & Islamaj,Ergys, 2017.
"Weakness in investment growth : causes, implications and policy responses,"
Policy Research Working Paper Series
7990, The World Bank.
- M. Ayhan Kose & Franziska Ohnsorge & Lei Sandy Ye & Ergys Islamaj, 2017. "Weakness in Investment Growth: Causes, Implications and Policy Responses," CAMA Working Papers 2017-19, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- M. Ayhan Kose & Franziska Ohnsorge & Lei Sandy Ye & Ergys Islamaj, 2017. "Weakness in Investment Growth: Causes, Implications and Policy Responses," Koç University-TUSIAD Economic Research Forum Working Papers 1707, Koc University-TUSIAD Economic Research Forum.
- Kose, M. Ayhan & Ohnsorge, Franziska & Ye, Lei (Sandy) & Islamaj, Ergys, 2017. "Weakness in Investment Growth: Causes, Implications and Policy Responses," CEPR Discussion Papers 11886, C.E.P.R. Discussion Papers.
- MARSCHINSKI Robert & DE AMORES HERNANDEZ Antonio & AMOROSO Sara & BAUER Peter & CARDANI Roberta & CSEFALVAY Zoltan & GENTY Aurelien & GKOTSIS Petros & GREGORI Wildmer & GRASSANO Nicola & HERNANDEZ GUE, 2021. "EU competitiveness: recent trends, drivers, and links to economic policy: A Synthesis Report," JRC Research Reports JRC123232, Joint Research Centre.
- Wildmer Daniel Gregori & Michela Nardo, 2021.
"The effect of restrictive measures on cross‐border investment in the European Union,"
The World Economy, Wiley Blackwell, vol. 44(7), pages 1914-1943, July.
- Gregori, Wildmer & Nardo, Michela, 2019. "The effect of restrictive measures on cross-border investment in the European Union," JRC Working Papers in Economics and Finance 2019-15, Joint Research Centre, European Commission.
- Dierk Herzer & Stephan Klasen & Felicitas Nowak-Lehmann D., 2006.
"In search of FDI-led growth in developing countries,"
Ibero America Institute for Econ. Research (IAI) Discussion Papers
150, Ibero-America Institute for Economic Research.
- Klasen, Stephan & Herzer, Dierk & Nowak-Lehmann D., Felicitas, 2007. "In search of FDI-led growth in developing countries," Proceedings of the German Development Economics Conference, Göttingen 2007 14, Verein für Socialpolitik, Research Committee Development Economics.
- Aiyar, Shekhar & Malacrino, Davide & Presbitero, Andrea F., 2024.
"Investing in friends: The role of geopolitical alignment in FDI flows,"
European Journal of Political Economy, Elsevier, vol. 83(C).
- Aiyar, Shekhar & Malacrino, Davide & Presbitero, Andrea, 2023. "Investing in Friends: The Role of Geopolitical Alignment in FDI Flows," CEPR Discussion Papers 18434, C.E.P.R. Discussion Papers.
- Shekhar Aiyar & Davide Malacrino & Andrea F. Presbitero, 2024. "Investing in Friends: The Role of Geopolitical Alignment in FDI Flows," NCAER Working Papers 158, National Council of Applied Economic Research.
- Laura Alfaro & Mariya Brussevich & Camelia Minoiu & Andrea F. Presbitero, 2025.
"Bank Financing of Global Supply Chains,"
NBER Working Papers
33754, National Bureau of Economic Research, Inc.
- Laura Alfaro & Mariya dup Brussevich & Camelia Minoiu & Andrea F. Presbitero, 2025. "Bank Financing of Global Supply Chains," FRB Atlanta Working Paper 2025-4, Federal Reserve Bank of Atlanta.
- David Mayer‐Foulkes & Peter Nunnenkamp, 2009.
"Do Multinational Enterprises Contribute to Convergence or Divergence? A Disaggregated Analysis of US FDI,"
Review of Development Economics, Wiley Blackwell, vol. 13(2), pages 304-318, May.
- Mayer-Foulkes, David & Nunnenkamp, Peter, 2005. "Do multinational enterprises contribute to convergence or divergence? A disaggregated analysis of US FDI," Kiel Working Papers 1242, Kiel Institute for the World Economy (IfW Kiel).
- David Mayer-Foulkes & Peter Nunnenkamp, 2005. "Do Multinational Enterprises Contribute to Convergence or Divergence? A Disaggregated Analysis of US FDI," DEGIT Conference Papers c010_045, DEGIT, Dynamics, Economic Growth, and International Trade.
- Sunde, Tafirenyika, 2022. "The impact of foreign direct investment on Namibia’s economic growth: A time series investigation," MPRA Paper 117366, University Library of Munich, Germany, revised 03 May 2023.
- Takvor H. Mutafoglu, 2012. "Foreign Direct Investment, Pollution, and Economic Growth," Journal of Developing Societies, , vol. 28(3), pages 281-297, September.
- Silvio Traverso & Guido Bonatti, 2015. "Education and FDI: An Insight from US Outflows," Journal of Social Economics, Research Academy of Social Sciences, vol. 2(3), pages 101-116.
- Chan, M.W. Luke & Hou, Keqiang & Li, Xing & Mountain, Dean C., 2014. "Foreign direct investment and its determinants: A regional panel causality analysis," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(4), pages 579-589.
- Tsun Se Cheong & Andy W. W. Cheng & Victor J. Li, 2019. "Evolutionary Trend Of Foreign Investment In China: A Combined Decomposition And Transitional Dynamics Approach," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(04), pages 1037-1055, September.
- Hung, Chih-Young & Chiang, Yi-Hui, 2009. "Does an upper limit on foreign direct investment matter?: The case of Taiwan," Journal of Asian Economics, Elsevier, vol. 20(5), pages 549-560, September.
- Hummera Saleem & Malik Shahzad Shabbir & Syed Ali Raza Shah & Jalal Shah, 2021. "Nexus between Foreign Direct Investment and Poverty Reduction: A case of Pakistans," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 3(3), pages 272-280, December.
- Blonigen, Bruce A. & Cristea, Anca & Lee, Donghyun, 2020.
"Evidence for the effect of monitoring costs on foreign direct investment,"
Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 601-617.
- Bruce A. Blonigen & Anca D. Cristea & Donghyun Lee, 2019. "Evidence for the Effect of Monitoring Costs on Foreign Direct Investment," NBER Working Papers 25933, National Bureau of Economic Research, Inc.
- Mouna Gammoudi & Mondher Cherif & Simplice Asongu, 2016.
"FDI and Growth in the MENA countries: Are the GCC countries Different?,"
Working Papers of the African Governance and Development Institute.
16/015, African Governance and Development Institute..
- Mouna Gammoudi & Mondher Cherif & Simplice A. Asongu, 2016. "FDI and Growth in the MENA countries: Are the GCC countries Different?," Research Africa Network Working Papers 16/015, Research Africa Network (RAN).
- Gammoudi, Mouna & Cherif, Mondher & Asongu, Simplice A, 2016. "FDI and Growth in the MENA countries: Are the GCC countries Different?," MPRA Paper 74227, University Library of Munich, Germany.
- Herzer, Dierk & Klasen, Stephan & Nowak-Lehmann D., Felicitas, 2008. "In search of FDI-led growth in developing countries: The way forward," Economic Modelling, Elsevier, vol. 25(5), pages 793-810, September.
More about this item
JEL classification:
- F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CIS-2025-10-06 (Confederation of Independent States)
- NEP-HIS-2025-10-06 (Business, Economic and Financial History)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:vfsc25:325433. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/vfsocea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/p/zbw/vfsc25/325433.html