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(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … 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
countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote …
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 …China's increasing openness to foreign direct investment (FDI) has contributed importantly to its exceptional growth … performance. This paper examines China's experience with FDI and identifies some lessons for other countries. Most of the factors …
Persistent link: https://www.econbiz.de/10005264264
FDI-flows from Brazil, Russia, India and China (BRICs). The paper finds that official data sources undoubtedly …Despite the rapid increase in FDI flows to LICs, there have been relatively few studies that have specifically examined … underestimate the volume and scope of FDI flows as many small and medium-sized enterprises (SMEs) do not always register their …
Persistent link: https://www.econbiz.de/10009203549
Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in terms of revenues forgone with the benefits in terms of increased foreign direct...
Persistent link: https://www.econbiz.de/10005826331
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. The paper finds that while substantial support exists for positive …
Persistent link: https://www.econbiz.de/10005769019
development: (i) that economic takeoff is associated with technological transfer through foreign direct investment (FDI); and (ii …) that takeoff is accompanied, at least in the short term, by widening income inequality. The results indicate that FDI flows … have increased the rate of convergence in per capita incomes across China’s provinces. However, the pattern of FDI, which …
Persistent link: https://www.econbiz.de/10005769171
Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not … FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to … achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for …
Persistent link: https://www.econbiz.de/10005599586
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly...
Persistent link: https://www.econbiz.de/10005605423