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 … substitute a set of other growth determinants. Then we test the robustness of the linear interaction terms relative to each other …

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 … growth effect of exports and the capacity of a country to absorb new knowledge. …

This study examines the export-led growth hypothesis using annual time series data from Chile in a production function … of manufactured and mining exports on productivity growth. In order to investigate if and how manufactured and mining … exports affect economic growth via increases in productivity, the study uses Johansen cointegration technique. The estimation …

In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP …

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 extent regional GDP growth in China is export driven. In a panel of 28 …

We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by … framework. If the interest rate exceeds nominal output growth, primary budget surpluses are required to achieve a sustainable …

also at a lower growth rate than without the China effect. Moreover, we argue that the lower real interest rates resulting …