Showing 1 - 10 of 62
We derive the central differential equation of the neoclassical growth model for the case of a CES (constant elasticity of substitution) production function with perfect capital movement in terms of the debt/GDP ratio and estimate it in several ways for the United States and in a later step the...
Persistent link: https://www.econbiz.de/10010712028
The nature of the catching-up process has changed substantially at both the global and local levels over the last decade. The catching up process can no longer be disentangled from the rapid internationalization of science and technology and the globalization of innovation, in which the...
Persistent link: https://www.econbiz.de/10010712177
Many countries in the world have adopted policies to attract foreign direct investment (FDI), placing the traditional … focus on the maximisation of FDI flows, what can be labeled as a quantitative approach. Recently it has been argued that the … FDI policy should be more selective, promoting good quality FDI inflows. The "quality" implies a certain level of …
Persistent link: https://www.econbiz.de/10010712140
This paper deals with the interplay between foreign direct investment (FDI) and the industrial and innovation policies … existing foreign-owned affiliates, instead of striving to attract higher volumes of FDI inflows. …
Persistent link: https://www.econbiz.de/10010712178
This paper uses firm-level survey data of Kenyan manufacturing industry to examine the significance of FDI and firm … revealed a statistically significant role played by FDI in determining human capital development in all the firms. Other … choice of Kenyan manufacturing industry presents an ideal case to evaluate FDI, firm-level capabilities and human capital …
Persistent link: https://www.econbiz.de/10010712189
Studies of the relationship between FDI and domestic investment levels reach contradictory findings. We revisit this … conclude that FDI inflows contribute positively to domestic investment levels. We also find weak evidence that `good governance …. Theoretical arguments support either positive or negative interaction effects of `good governance' and FDI on investment, invoking …
Persistent link: https://www.econbiz.de/10010712201
After joining the World Trade Organization (WTO), China witnessed a major inflow of Foreign Direct Investment (FDI … interrelationships between, innovation input and innovation output, and in particular whether FDI had any influence on these two aspects …/2003 and 2005/2006. The findings show that FDI firms are less R&D intensive but, when they innovate in new products, they are …
Persistent link: https://www.econbiz.de/10010712219
This paper studies productivity in Latin America and the Caribbean, with an emphasis on the service sector. It shows that the low levels of productivity observed in the region are not only a consequence of low productivity at the firm level, but also of misallocation of workers across firms....
Persistent link: https://www.econbiz.de/10011004596
This paper analyses and compares the determinants of innovation in the service industry and its impact on labour productivity at the firm level in three countries of Latin America Chile, Colombia, and Uruguay. The main findings show that, similar to what is observed in the manufacturing...
Persistent link: https://www.econbiz.de/10011004597
The recent expansion of global demand for natural resources has created a production boom in countries endowed with natural resources. Increasing global trade and investment - globalization - offer an important opportunity for developing countries as the global flow of commodities often...
Persistent link: https://www.econbiz.de/10010712044