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This paper investigates the effect of sectoral foreign direct investment (FDI) on economic growth in Egypt, using a … theoretical models on the channels through which FDI can enhance economic growth, empirical findings are still inconclusive. We … argue that one possible reason for the ambiguous effect is the use of aggregate FDI data across different sectors. Our …
Persistent link: https://www.econbiz.de/10011403109
FDI is seen widely as a vital source of investment, technology transfer, and growth. The factors that attract FDI have … factor, the success of economic growth in attracting FDI. Meta-regression analysis is applied to 946 estimates from 140 … empirical studies. The results confirm that, on average, economic growth is an important determinant of FDI. Overall, there is a …
Persistent link: https://www.econbiz.de/10011296328
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government...
Persistent link: https://www.econbiz.de/10012444204
We study capital controls on outflows (CCOs) in situations of macroeconomic and financial distress. We present novel empirical evidence indicating that CCO implementation is associated with crises and declines in GDP growth. We then develop a theoretical framework that is consistent with such...
Persistent link: https://www.econbiz.de/10015056204
Persistent link: https://www.econbiz.de/10013423083
Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … public debt under control; ii) reduce inequality by increasing the redistributive effect of taxation; iii) promote …
Persistent link: https://www.econbiz.de/10011700368
-by-doing and spillover-effects, with selected elements from the literature on optimal taxation. We demonstrate that in the period … annum) and only secondarily due to the accumulation of productive capital (2.7% annually). Simulations of tax cuts suggest … that income taxes and consumption taxes restrict economic growth equally heavily. Simultaneously reducing all tax rates by …
Persistent link: https://www.econbiz.de/10010414741
In 2010 China was the world's fourth largest filer of patent applications. This followed a decade of unprecedented increases in investment in skills and Research and Development. If current trends continue China could rank first in the very near future. We provide evidence that the growth in...
Persistent link: https://www.econbiz.de/10009273173
Persistent link: https://www.econbiz.de/10003281048
Persistent link: https://www.econbiz.de/10011552178