Showing 1 - 10 of 32
the two driving forces of the growth process. FDI plays an important role. However, property rights, a crucial element in …
Persistent link: https://www.econbiz.de/10005700542
This paper studies the concept of an international economic order, i.e. an institutional arrangement of international rules. Such rules emerge from negative experiences – historical disasters – that inflict severe hardship on people. A taxonomy for rules reducing transaction costs is...
Persistent link: https://www.econbiz.de/10005076106
This paper investigates the quality of property rights and long-term economic growth in an international cross-section of countries in 1975-1995. The empirical tests indicate that the impact of private property rights on growth is positive and simultaneously determined. Correcting for the...
Persistent link: https://www.econbiz.de/10005818861
effects at the intensive industry margin via trade and FDI. Moreover, the distinction between high- and low-skill workers …
Persistent link: https://www.econbiz.de/10009416986
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 authors show that there is a robust positive correlation between growth and FDI. Significantly larger …
Persistent link: https://www.econbiz.de/10011203162
available from Global Trade Alert, combined with bilateral FDI data between OECD countries and a large number of partner … FDI flows. The verdict from this analysis is clear: a country that implements new protectionist measures may expect that … about 40 to 80 percent lower FDI inflows. Trade protection does not appear to have any implications for the country’s FDI …
Persistent link: https://www.econbiz.de/10008869181
. Employing conditional logit models, we find that clustering of FDI is driven strongly by herding among investors from both, the …
Persistent link: https://www.econbiz.de/10009021629
implemented to analyze the effect of inward foreign direct investment (FDI) on exports. We use cross-sectional HS trade data … disaggregated at a 6-digit level in 2010 with controls for HS 2-digit level. Our results show that FDI increases exports only in the … effect is different across sections. Our robustness checks show that when FDI is removed, the coefficients and the effect on …
Persistent link: https://www.econbiz.de/10011162481
This paper examines the long-run effect of FDI on health in developed countries. Using panel cointegration techniques …
Persistent link: https://www.econbiz.de/10009653070
This paper examines the effects of inward and outward FDI on income inequality in Europe using panel cointegration … techniques and unbalanced panel regressions. Our main result is that both inward FDI and outward FDI have, on average, a negative …, different measures of FDI and inequality, and period and sample selection. Other findings are: (i) While the long-run effect of …
Persistent link: https://www.econbiz.de/10008784526