Showing 1 - 10 of 52
, loosely based upon China. We calibrate a benchmark equilibrium, and carry out various counterfactual simulations to analyze …
Persistent link: https://www.econbiz.de/10005825678
This paper summarizes recent arguments/findings on two aspects of foreign direct investment (FDI): its correlation with economic growth and its determinants. The first part focuses on recent literature regarding positive spillovers from FDI while the second deals with the determinants of FDI....
Persistent link: https://www.econbiz.de/10005769019
This paper examines how capital controls affect FDI decisions and how the impact of these restrictive measures varies with different levels of country risk. We construct a model of firms' FDI decisions, broadly in Dunning's "eclectic theory" framework, using "real options" to emphasize economic...
Persistent link: https://www.econbiz.de/10005769054
China's dramatic success in attracting foreign direct investment (FDI) has raised concerns that it has success diverted … impact of China's emergence on FDI flows to Asia using data from 14 Asian economies from 1984 to 2002. The results suggest … that China did not have much impact on FDI to other countries. In particular, lowincome economies, which compete with China …
Persistent link: https://www.econbiz.de/10005769097
This paper develops a model that highlights the importance of clusters for attracting foreign direct investment. It shows from a game theoretical perspective how the combination of setting up a cluster and implementing policy reforms will be a key engine for attracting FDI. Based on...
Persistent link: https://www.econbiz.de/10005604916
entry matters more than access to the rest of China, which is consistent with market fragmentation due to underdeveloped …
Persistent link: https://www.econbiz.de/10005605161
In this paper we investigate whether better information about the macroeconomic environment of an economy has a positive impact on its capital inflows, namely portfolio and foreign direct investment (FDI). The purpose of our study is to explicitly quantify information asymmetries by compliance...
Persistent link: https://www.econbiz.de/10011242433
This staff report on People’s Republic of China 2013 Article IV Consultation highlights macroeconomic developments … and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment …
Persistent link: https://www.econbiz.de/10011244201
This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its population still lives in poverty. This paper applies...
Persistent link: https://www.econbiz.de/10011244249
Persistent link: https://www.econbiz.de/10005264263