This thesis complements current studies by focusing on developed OECD countries as they are the major sources and recipients of world FDI and current studies relating to developed countries using aggregate country FDI data are limited. This study empirically tests the determinants of FDI inflows and outflows and their relationship with economic growth using 2SLS simultaneous equations model between 1981 and 2008 for a sample of 20 developed OECD countries. The empirical findings suggest that FDI inflows do not contribute to economic growth in the host country and economic growth positively affects FDI inflows. In addition, trade openness and flexible employment protection legislation in the host country attract FDI inflows. In terms of FDI outflows, the results show that FDI outflows reduce economic growth in the home country, while economic growth in the home country increases FDI outflows. Moreover, high past level of outward FDI stock, trade openness, low labour cost and currency depreciation in the home country provide incentives for domestic firms to invest abroad. Therefore, this study does not support offering special incentives to foreign investors to attract FDI inflows or offering promotional policies to domestic firms to encourage FDI outflows. Instead, government should provide incentives for domestic investment and other sound policies to increase economic growth, which in itself provides a good environment to attract FDI inflows and to encourage FDI outflows. Keywords: FDI inflows, FDI outflows, two stage least squares simultaneous equations, economic growth, labour market flexibility.

From 5.5 months of dual-band optical photometric monitoring at the 1 mmag level, BRITE-Constellation has revealed two simultaneous types of variability in the O4I(n)fp star ζ Puppis: one single periodic non-sinusoidal component superimposed on a stochastic component. The monoperiodic component is the 1.78-d signal previously detected by Coriolis/Solar Mass Ejection Imager, but this time along with a prominent first harmonic. The shape of this signal changes over time, a behaviour that is incompatible with stellar oscillations but consistent with rotational modulation arising from evolving bright surface inhomogeneities. By means of a constrained non-linear light-curve inversion algorithm, we mapped the locations of the bright surface spots and traced their evolution. Our simultaneous ground-based multisite spectroscopic monitoring of the star unveiled cyclical modulation of its He IIλ4686 wind emission line with the 1.78-d rotation period, showing signatures of corotating interaction regions that turn out to be driven by the bright photospheric spots observed by BRITE. Traces of wind clumps are also observed in the He II λ4686 line and are correlated with the amplitudes of the stochastic component of the light variations probed by BRITE at the photosphere, suggesting that the BRITE observations additionally unveiled the photospheric drivers of wind clumps in ζ Pup and that the clumping phenomenon starts at the very base of the wind. The origins of both the bright surface inhomogeneities and the stochastic light variations remain unknown, but a subsurface convective zone might play an important role in the generation of these two types of photospheric variability.

Theoretical models predict that the compressed interstellar medium around runaway O stars can produce high-energy non-thermal diffuse emission, in particular, non-thermal X-ray and γ-ray emission. So far, detection of non-thermal X-ray emission was claimed for only one runaway star, AE Aur. We present a search for non-thermal diffuse X-ray emission from bow shocks using archived XMM-Newton observations for a clean sample of six well-determined runaway O stars. We find that none of these objects present diffuse X-ray emission associated with their bow shocks, similarly to previous X-ray studies toward ζ Oph and BD+43°3654. We carefully investigated multi-wavelength observations of AE Aur and could not confirm previous findings of non-thermal X-rays. We conclude that so far there is no clear evidence of non-thermal extended emission in bow shocks around runaway O stars.

The intriguing WN4b star WR 6 has been known to display epoch-dependent spectroscopic, photometric and polarimetric variability for several decades. In this paper, we set out to verify if a simplified analytical model in which corotating interaction regions (CIRs) threading an otherwise spherical wind is able to reproduce the many broad-band continuum light curves from the literature with a reasonable set of parameters. We modified the optically thin model developed by Ignace, St-Louis & Proulx-Giraldeau to approximately account for multiple scattering and used it to fit 13 separate data sets of this star. By including two CIRs in the wind, we obtained reasonable fits for all data sets with coherent values for the inclination of the rotation axis (i0 = 166°) and for its orientation in the plane of the sky, although in the latter case we obtained two equally acceptable values (ψ = 63° and 152°) from the polarimetry. Additional line profile variation simulations using the Sobolev approximation for the line transfer allowed us to eliminate the ψ = 152° solution. With the adopted configuration (i0 = 166° and ψ = 63°), we were able to reproduce all data sets relatively well with two CIRs located near the stellar equator and always separated by ∼90° in longitude. The epoch dependence comes from the fact that these CIRs migrate along the surface of the star. Density contrasts smaller than a factor of 2 and large opening angles for the CIR (β⪆35∘) were found to best reproduce the type of spectroscopic variability reported in the literature.

Bow shocks and related density enhancements produced by the winds of massive stars moving through the interstellar medium provide important information regarding the motions of the stars, the properties of their stellar winds, and the characteristics of the local medium. Since bow-shock nebulae are aspherical structures, light scattering within them produces a net polarization signal even if the region is spatially unresolved. Scattering opacity arising from free electrons and dust leads to a distribution of polarized intensity across the bow-shock structure. That polarization encodes information about the shape, composition, opacity, density, and ionization state of the material within the structure. In this paper, we use the Monte Carlo radiative transfer code SLIP to investigate the polarization created when photons scatter in a bow-shock-shaped region of enhanced density surrounding a stellar source. We present results for electron scattering, and investigate the polarization behaviour as a function of optical depth, temperature, and source of photons for two different cases: pure scattering and scattering with absorption. In both regimes, we consider resolved and unresolved cases. We discuss the implications of these results as well as their possible use along with observational data to constrain the properties of observed bow-shock systems. In different situations and under certain assumptions, our simulations can constrain viewing angle, optical depth and temperature of the

Non-thermal radiation has been predicted within bow shocks around runaway stars by recent theoretical works. We present X-ray observations toward the runaway stars ζ Oph by Chandra and Suzaku and of BD+43°3654 by XMM-Newton to search for the presence of non-thermal X-ray emission. We found no evidence of non-thermal emission spatially coincident with the bow shocks; nonetheless, diffuse emission was detected in the vicinity of ζ Oph. After a careful analysis of its spectral characteristics, we conclude that this emission has a thermal nature with a plasma temperature of T ≈ 2 × 106 K. The cometary shape of this emission seems to be in line with recent predictions of radiation-hydrodynamic models of runaway stars. The case of BD+43°3654 is puzzling, as non-thermal emission has been reported in a previous work for this source.

Observations with powerful X-ray telescopes, such as XMM-Newton and Chandra, significantly advance our understanding of massive stars. Nearly all early-type stars are X-ray sources. Studies of their X-ray emission provide important diagnostics of stellar winds. High-resolution X-ray spectra of O-type stars are well explained when stellar wind clumping is taking into account, providing further support to a modern picture of stellar winds as non-stationary, inhomogeneous outflows. X-ray variability is detected from such winds, on time scales likely associated with stellar rotation. High-resolution X-ray spectroscopy indicates that the winds of late O-type stars are predominantly in a hot phase. Consequently, X-rays provide the best observational window to study these winds. X-ray spectroscopy of evolved, Wolf-Rayet type, stars allows to probe their powerful metal enhanced winds, while the mechanisms responsible for the X-ray emission of these stars are not yet understood.

Recombination line profile shapes are derived for ionized spherical stellar winds at radio wavelengths. It is assumed that the wind is optically thick owing to free-free opacity. Emission lines of arbitrary optical depth are obtained assuming that the free-free photosphere forms in the outer, constant expansion portion of the wind. Previous works have derived analytic results for isothermal winds when the line and continuum source functions are equal. Here, semi-analytic results are derived for unequal source functions to reveal that line shapes can be asymmetric about line center. A parameter study is presented and applications discussed.

We present new, contemporaneous Hubble Space Telescope STIS and XMM-Newton observations of the O7 III(n)((f)) star ξ Per. We supplement the new data with archival IUE spectra, to analyze the variability of the wind lines and X-ray flux of ξ Per. The variable wind of this star is known to have a 2.086-day periodicity. We use a simple, heuristic spot model that fits the low-velocity (near-surface) IUE wind line variability very well, to demonstrate that the low-velocity absorption in the new STIS spectra of N iv λ1718 and Si iv λ1402 vary with the same 2.086-day period. It is remarkable that the period and amplitude of the STIS data agree with those of the IUE spectra obtained 22 yr earlier. We also show that the time variability of the new XMM-Newton fluxes is also consistent with the 2.086-day period. Thus, our new, multiwavelength coordinated observations demonstrate that the mechanism that causes the UV wind line variability is also responsible for a significant fraction of the X-rays in single O stars. The sequence of events for the multiwavelength light-curve minima is Si iv λ1402, N iv λ1718, and X-ray flux, each separated by a phase of about 0.06 relative to the 2.086-day period. Analysis of the X-ray fluxes shows that they become softer as they weaken. This is contrary to expectations if the variability is caused by periodic excess absorption. Furthermore, the high-resolution X-ray spectra suggest that the individual emission lines at maximum are more strongly blueshifted. If we interpret the low-velocity wind line light curves in terms of our model, it implies that there are two bright regions, i.e., regions with less absorption, separated by 180°, on the surface of the star. We note that the presence and persistence of two spots separated by 180° suggest that a weak dipole magnetic field is responsible for the variability of the UV wind line absorption and X-ray flux in ξ Per.

The evolutionary paths of the massive O and B type stars are often defined by angular momentum transformations that involve circumstellar gas disks. This circumstellar gas is revealed in several kinds of observations, and here I describe a series of investigations of the hydrogen line emission from such disk using detailed studies of five massive binaries and a survey of 128 Be stars. By examining three sets of spectra of the active mass-transfer binary system RY Scuti, I determined masses of 7.1 +/- 1.2 M_sun for the bright supergiant and 30.0 +/- 2.1 M_sun for the massive companion that is hidden by an accretion torus. I also present a cartoon model of the complex mass flows in the system. Using optical spectroscopy and X-ray flux data, I investigated the mass transfer processes in four massive X-ray binaries (a massive B star with mass flowing onto a compact, neutron star companion). The B-supergiant system LS I +65 010 transfers mass via stellar winds. I find the X-ray flux modulates with the orbital period. In the other three X-ray binary systems (LS I +61 303, HDE 245770, and X Persei), an outflowing circumstellar disk is responsible for the mass transfer, and in all three systems, the disk appears to be truncated by gravitational interactions with the compact companion. The disk in the microquasar system LS I +61 303 is limited in radius by the periastron separation and an increase in both H-alpha equivalent width and X-ray flux following periastron may be due to a density wave in the disk induced by tidal forces. Observations of HDE 245770 document what appears to be the regeneration of a circumstellar disk. The disk of X Persei appears to have grown to near record proportions and the X-ray flux has dramatically increased. Tidal interaction may generate a spiral density wave in the disk and cause an increase in H-alpha equivalent width and mass transfer to the compact companion. During the course of the analysis of the X-ray binaries, I developed numerical models for estimating the size of the Be star disks using just the H-alpha equivalent width. Finally, I present the results of a three year spectroscopic survey of both the H-alpha and H-gamma regions of 128 Be stars. I find that the median fractional variation in the equivalent width of the disk emission lines is 15% over a two year period. I also find that two-thirds of the sample displays evidence of Fe II emission or absorption resulting from surrounding circumstellar material. Many candidates for non-radial pulsation and binary systems are also found. Spectra and notes for all of the sample stars are presented in an appendix.