La prochaine séance du séminaire BRICs se tiendra le jeudi 22 février 2018 à 19h au 105, Boulevard Raspail (EHESS), salle 2. Elle recevra  :

Wladimir Andreff [1]

sur le thème :

Les firmes multinationales des économies en transition et leurs investissements directs à l’étranger

Cette présentation s’appuiera sur l’article “Multinational companies from transition economies and their outward foreign direct investment”, Russian Journal of Economics, 3 (2017), 1-30, de Madeleine Andreff [2] et WladimirAndreff[1]

Abstract :

Multinational companies (MNCs) based in 26 post-communist transition economies (PTEs) emerged during the 1990s. Their outward foreign direct investment (OFDI) boomed dramatically from 2000 to 2007 in these countries, and then muddled through the financial crisis and great recession at difference paces on different paths. This difference is revealed in a sample of 15 PTEs for which data are available from 2000 to 2015.
Most of these economies appear to be on the brink of moving from the second to the third stage of Dunning’s investment development path. The geographical distribution of their OFDI favors host countries located in other PTEs, developed market economies, and tax havens while their industrial structure is more concentrated on services rather than on manufacturing and the primary sector. PTE-based MNCs primarily adopt a strategy of
market-seeking OFDI. Econometric testing shows that push factors are major determinants of OFDI. The results demonstrate that OFDI is determined by the home country’s level of economic development, the size of its home market, and its rate of growth as well as technological variables: OFDI decreases with an increase in the number of scientists in the home
economy and with an increase in the share of high-tech products in overall exports, exhibiting a negative technological gap. A lagged relationship between OFDI and previous inward FDI suggests that Mathews’ linkage-leverage-learning theory is relevant in the case of PTEs.

Accédez ici au pdf de la présentation : Séminaire BRICS MSH 22 février 2018 W ANDREFF

La langue de discussion sera le français.

Notes :

[1] Professeur émerite à l’Université Paris 1 Panthéon Sorbonne, membre honoraire de l’European Association for Comparative Economic Studies, President honoaire of l’International Association of Sports Economists et de l’European Sports Economics Association, Président du Conseil scientifique de l’Observatoire de l’économie du sport (Ministère des sports)

[2] Maître de conférence retraitée, Université Paris-Est – Marne la Vallée.