Showing 1 - 10 of 61
We show that in an open-economy OLG model, the interaction between growth differentials and household credit constraints, more severe in fast-growing countries, can explain three prominent global trends: a divergence in private saving rates between advanced and emerging economies, large net...
Persistent link: https://www.econbiz.de/10010745077
can resolve these anomalies. Endogenous intratemporal trade creates an additional channel for the propagation of …
Persistent link: https://www.econbiz.de/10010746152
Commodity trade and financial asset trade are both integral parts of globalization, yet little has been studied on … their interplay. In a framework that integrates these two paradigms of trade, a new force driving international capital …
Persistent link: https://www.econbiz.de/10010746535
We show that in an open-economy OLG model, the interaction between growth differentials and household credit constraints, more severe in fast-growing countries, can explain three prominent global trends: a divergence in private saving rates between advanced and emerging economies, large net...
Persistent link: https://www.econbiz.de/10011071411
general measures of a country’s openness to trade and foreign direct investment (FDI). Does it, however, also matter who one … in foreign countries with which the domestic country is connected via trade and FDI spill-over into higher rights among … trades with and where one receives FDI from? This article tests the hypothesis that higher women’s economic and social rights …
Persistent link: https://www.econbiz.de/10011071366
This paper uses a new data-set to examine how internal capital markets and foreign ownership affect investment. Our data allow us to compare investment behaviour of listed subsidiaries with stand-alone firms while controlling for investment opportunities of parent and subsidiary firms. We...
Persistent link: https://www.econbiz.de/10010884649
FDI option, while growing market size and national income facilitate early exercise. The model is extended to include a … Poisson jump process, which has policy implications for FDI reforms and explains ‘wait and watch’ behaviour of multinational … firms better than a pure comparative advantage-trade cost framework does. While investment under uncertainty literature is …
Persistent link: https://www.econbiz.de/10010928806
We study the response of domestic unemployment rates to shocks in total factor productivity for economies with high capital mobility and low labour mobility. We show that rapid capital movements across national borders, like those experienced by developed nations in the last twenty years,...
Persistent link: https://www.econbiz.de/10010744954
The aim of this study is to examine the extent to which Chinese and Indian autocomponent producers have advanced towards international best practice levels of productivity and quality. The report is based on a survey of nine car manufacturers in China and six in India; a range of general...
Persistent link: https://www.econbiz.de/10010745200
Using the international investment regime as its point of departure, the paper applies notions of bounded rationality to the study of economic diplomacy. Through a multi-method approach, it shows that developing countries often ignored the risks of bilateral investment treaties (BITs) until they...
Persistent link: https://www.econbiz.de/10010745595