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"In contrast with a growing literature on the drivers of aggregate volatility in developing countries, its consequences … aggregate volatility has a regressive, asymmetric, and non linear impact, as reflected in the strong influence of extreme output …
Persistent link: https://www.econbiz.de/10011394189
Persistent link: https://www.econbiz.de/10010524180
, and can surge at times of currency speculation. Heightened interest rate and exchange rate volatility pose practical risk … through the equity markets have not been the major contributor to increased international sources of volatility. In addition …
Persistent link: https://www.econbiz.de/10012563564
"Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through the impact of increased competition and foreign...
Persistent link: https://www.econbiz.de/10011394102
"This paper examines the impact of trade with Japan, North America, and the European Union on technology diffusion and total factor productivity growth in Korea, Mexico, and Jordan. Measures of foreign research and development are constructed based on industry-specific research and development...
Persistent link: https://www.econbiz.de/10011394120
"The author tests how the local economic structure-measured by a region's sector specialization, competition, and diversity-affects the technological growth of manufacturing sectors. Most of the empirical literature on this topic assumes that in the long run more productive regions will attract...
Persistent link: https://www.econbiz.de/10010522472
"The author discusses regional development patterns in China and examines effective ways of using development aid to attain regional balanced growth through optimizing growth spillover effects. Based on provincial panel data from 1978-99 she constructs an indicator "neighborhood performance" to...
Persistent link: https://www.econbiz.de/10010522548
"Javorcik, Saggi, and Spatareanu use a firm-level panel data set from Romania to examine whether the nationality of foreign investors affects the degree of vertical spillovers from foreign direct investment. Investors' country of origin may matter for spillovers to domestic producers in upstream...
Persistent link: https://www.econbiz.de/10010522886