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Absorptive Capacities and the Impact of FDI on Economic Growth

Farkas, Beatrice - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

multinationals' entry and it consists of a unified study of absorptive capacities. We start from the idea that FDI speeds up the … FDI depends on the country specific absorptive capacity. We first interact FDI individually with different growth … determinants and we find that the contribution of FDI to economic growth is positive and significant depending on the level of …

Persistent link: https://www.econbiz.de/10010539826

African Leaders: Their Education Abroad and FDI Flows

Constant, Amelie; Tien, Bienvenue N. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

essential for a country's economic growth. Our hypothesis is that foreign-educated leaders attract more FDI to their country …. Our rationale is that education obtained abroad encompasses a whole slew of factors that can make a difference in FDI … significant determinant of FDI inflows, beyond other standard characteristics. While intuitive, this result does not necessarily …

Persistent link: https://www.econbiz.de/10008765848

Regionality Revisited: An Examination of the Direction of Spread of Currency Crisis

Dasgupta, Amil; Leon-Gonzalez, Roberto; Shortland, Anja - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

What determines the direction of spread of currency crises? We examine data on waves of currency crises in 1992, 1994, 1997, and 1998 to evaluate several hypotheses on the determinants of contagion. We simultaneously consider trade competition, financial links, and institutional similarity to...

Persistent link: https://www.econbiz.de/10008526699

The Impact of Displacement on Child Health: Evidence from Colombia's DHS 2010

Wald, Nina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

This paper investigates the causal impact of displacement on health outcomes for Colombian children of different age cohorts. It uses the Colombian Demographic and Health Survey 2010, which provides both a number of health outcomes and information about displacement of households. Two different...

Persistent link: https://www.econbiz.de/10010937931

A Further Examination of the Export-Led Growth Hypothesis

Dreger, Christian; Herzer, Dierk - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with non-export GDP as the dependent variable, we find...

Persistent link: https://www.econbiz.de/10009283552

The Impact of Oil Revenues on the Iranian Economy and the Gulf States

Dreger, Christian; Rahmani, Teymur - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP per capita in oil exporting countries through higher investment activities. This relationship is explored for Iran and the countries of the Gulf Cooperation Council (GCC) using...

Persistent link: https://www.econbiz.de/10010896180

On the Relevance of Exports for Regional Output Growth in China

Dreger, Christian; Zhang, Yanqun - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013

Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...

Persistent link: https://www.econbiz.de/10010896202

Does Euro Area Membership Affect the Relation between GDP Growth and Public Debt?

Dreger, Christian; Reimers, Hans-Eggert - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by distinguishing between periods of sustainable and non-sustainable debt. Thresholds are theory-based and depend on the macroeconomic framework. If the interest rate exceeds...

Persistent link: https://www.econbiz.de/10010784003

Manufacturing Exports, Mining Exports and Growth: Cointegration and Causality Analysis for Chile (1960 - 2001)

Siliverstovs, Boriss; Herzer, Dierk - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005

This study examines the export-led growth hypothesis using annual time series data from Chile in a production function framework. It addresses the problem of specification bias under which previous studies have suffered and focuses on the impact of manufactured and mining exports on productivity...

Persistent link: https://www.econbiz.de/10005068680

Log versus Level in VAR Forecasting: 42 Million Empirical Answers - Expect the Unexpected

Mayr, Johannes; Ulbricht, Dirk - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

The use of log-transformed data has become standard in macroeconomic forecasting with VAR models. However, its appropriateness in the context of out-of-sample forecasts has not yet been exposed to a thorough empirical investigation. With the aim of filling this void, a broad sample of VAR models...

Persistent link: https://www.econbiz.de/10010937930