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(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10005263684
-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia … productivity best practices over the past 16 years, and have benefited from the diffusion of Information and Communication …'s productivity performance and adoption of ICTs. …
Persistent link: https://www.econbiz.de/10005768866
We study the relative efficiency of outside-owned versus employee-owned firms and analyze implications for institutional change in a context of technological innovation. When decisions are made through majority voting, the vote on technology choice is used to influence the later vote on the...
Persistent link: https://www.econbiz.de/10008528612
This paper studies the effect of individual uncertainty on collective decision-making to implement innovation. We show how individual uncertainty creates a bias for the status quo even under irreversible voting decisions, in contrast with Fernandez and Rodrik (1991). Blocking innovation is...
Persistent link: https://www.econbiz.de/10008528646
Rwanda’s Economic Development and Poverty Reduction Strategy provides a medium-term framework for achieving the country’s long-term development goals and aspirations as embodied in Rwanda Vision 2020, the seven-year Government of Rwanda programme, and the Millennium Development...
Persistent link: https://www.econbiz.de/10011244912
This paper describes the Kingdom of Lesotho’s Poverty Reduction Strategy Paper and National Strategic Development Plan (NSDP) 2012/13–2016/17. NSDP recognizes, as a point of departure, the need and urgency for Lesotho to radically transform its economy. To achieve the National...
Persistent link: https://www.econbiz.de/10011245521
Ghana has pursued several programs to accelerate the growth of the economy. In 1995, the government presented “Ghana: Vision 2020,†aimed at making Ghana a middle-income country in 25 years. Vision 2020 focused on human development, economic growth, rural development, urban...
Persistent link: https://www.econbiz.de/10011245703
This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly large amounts of foreign investment. The review indicates that sustained efforts to promote political and macroeconomic stability and implement essential structural reforms have...
Persistent link: https://www.econbiz.de/10005248318
This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main...
Persistent link: https://www.econbiz.de/10005263716
infrastructure, and government policies. FDI has contributed to higher investment and productivity growth, and has created jobs and a …
Persistent link: https://www.econbiz.de/10005264264