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Foreign Direct Investment, Competition and Industry Performance.

Bitzer, Jürgen; Görg, Holger - Institut für Weltwirtschaft (IfW) - 2008

Abstract: This paper investigates the productivity effects of inward and outward foreign direct investment using … the host country. Our results show that there are, on average, productivity benefits from inward FDI, although we can … identify a number of countries which, on aggregate, do not appear to benefit in terms of productivity. On the other hand, a …

Persistent link: https://www.econbiz.de/10005818874

Government Ideology in Donor and Recipient Countries: Does Political Proximity Matter for the Effectiveness of Aid?

Dreher, Axel; Minasyan, Anna; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2013

Political proximity between donor and recipient governments may impair the effectiveness of aid by encouraging favoritism. By contrast, political misalignment between donor and recipient governments may render aid less effective by adding to transaction costs and giving rise to incentive...

Persistent link: https://www.econbiz.de/10010886870

Government Activity and Economic Growth – One Size Fits All?

Beckmann, Joscha; Endrich, Marek; Schweickert, Rainer - Institut für Weltwirtschaft (IfW) - 2014

This study investigates the role of government activity in economic growth, arguing that economic systems are important and that, therefore, one size of government does not fit all countries. Taking a panel of 111 countries over the years from 1971 to 2010, we consider clusters of economic...

Persistent link: https://www.econbiz.de/10010886882

Capital mobility and growth

Diehl, Markus; Gundlach, Erich - Institut für Weltwirtschaft (IfW) - 1999

We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.

Persistent link: https://www.econbiz.de/10010955648

The finance-growth nexus revisited: From origins to a modern theoretical landscape

Stolbov, Mikhail - Institut für Weltwirtschaft (IfW) - 2012

The paper is a survey of theoretical and empirical approaches applied to analyze the impact of financial system on economic growth. The key issues of the modern theories of the finance-growth nexus are discussed and the theories are classified on the basis of the methodology they rely on. The...

Persistent link: https://www.econbiz.de/10010956028

Revenue and expenditure nexus: A case study of ECOWAS

Magazzino, Cosimo - Institut für Weltwirtschaft (IfW) - 2012

This paper aims to assess the relationship among fiscal variables (net lending, government expenditure and revenue) and economic growth in Sub-Saharan African countries. Using yearly data for the period between 1980 and 2011 in 15 ECOWAS countries, a weak long-run relationship between government...

Persistent link: https://www.econbiz.de/10010956037

Equity market liberalization, credit constraints and income inequality

Sun, Puyang; Sen, Somnath; Jin, Shujing - Institut für Weltwirtschaft (IfW) - 2012

This paper provides compelling evidence that equity market liberalization, the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality through increasing the accumulation of human capital. We examine the impact...

Persistent link: https://www.econbiz.de/10010956105

The growth effects of R&D spending in the EU: A meta-analysis

Kokko, Ari; Tingvall, Patrik Gustavsson; Videnord, Josefin - Institut für Weltwirtschaft (IfW) - 2015

In this paper the authors conduct a meta-analysis to examine the link between R&D spending and economic growth in the EU and other regions. The results suggest that the growth-enhancing effect of R&D in the EU15 countries does not differ from that in other countries in general, but it is less...

Persistent link: https://www.econbiz.de/10011269108

The Universal Shape of Economic Recession and Recovery after a Shock

Challet, Damien; Solomon, Sorin; Yaari, Gur - Institut für Weltwirtschaft (IfW) - 2009

We show that a simple and intuitive three-parameter equation fits remarkably well the evolution of the gross domestic product (GDP) in current and constant dollars of many countries during the times of recession and recovery. We then argue that it can be used to detect shocks and discuss its...

Persistent link: https://www.econbiz.de/10005083380

The debt-growth nexus in poor countries: a reassessment

Presbitero, Andrea F. - Institut für Weltwirtschaft (IfW) - 2007

This paper investigates the relationship between external indebtedness and economic growth, with a particular attention to LICs, for which the theoretical arguments of debt overhang and liquidity constraint have to be reconsidered. The estimation of a growth model, with a panel of 121 developing...

Persistent link: https://www.econbiz.de/10005083427