Showing 1 - 9 of 9
This paper examines the nexus between capital flows and real exchange rate (RER) in emerging Asian countries using a dynamic panel-data model for 2000–2009. In contrast to previous studies, capital flows here are separated into foreign direct investment (FDI), portfolio investment, and other...
Persistent link: https://www.econbiz.de/10008658810
This paper examines the equilibrium real exchange rate and real exchange rate misalignments in developing Asian countries during the period 1995–2008. In addition, the relationship between real exchange rate misalignment and export performance is investigated. In the lead-up to the 1997-1998...
Persistent link: https://www.econbiz.de/10003817266
We present a simple model of internal and external balance that incorporates the key features of resource-rich developing countries (RRDCs). The main result is that "government take", which is the ratio of fiscal resource revenue to resource output, is a key determinant of the equilibrium real...
Persistent link: https://www.econbiz.de/10013202700
Real exchange rate (RER) misalignment, which is the deviation between the actual real exchange rate from its equilibrium, occurs frequently among developing economies. Studies have shown that RER misalignment may have negative economic implications, such as a reduction in economic growth,...
Persistent link: https://www.econbiz.de/10012887804
High levels of net migration to the UK have contributed to growing cultural diversity, and researchers are turning their attention to the long-term effects of diversity on productivity. Yet little is known about these issues. This paper asks: what are the links between the composition of firms'...
Persistent link: https://www.econbiz.de/10010740495
This paper presents evidence on the spatial distribution and effects of urban agglomeration on firm innovation. It uses a unique dataset that consistently defines city boundaries and identifies firms' innovation-related activities across 25 developing countries in Asia. We find firm innovation...
Persistent link: https://www.econbiz.de/10012242093
Agglomeration theory supports and existing findings confirm the geographical proximity of similar firms and spatial attraction of firms to universities. In addition to that, we are able to identify whether universities as one type of innovative units are attracted by firm-type innovators and the...
Persistent link: https://www.econbiz.de/10012171301
structural and R&D policy the aim of the current paper is to assess, to what extent they have supported regional convergence, not … measure the impacts on regional convergence in a European (country wise) and urban-rural perspective. The first part of the … developments and perspectives until 2020. The second part considers the impact on the process of convergence of the current decline …
Persistent link: https://www.econbiz.de/10010740379
There is a broad consensus in the literature in that R&D is a precondition for innovation and in turn, for economic growth. On the regional level, this implies that regions with a high stock of R&D should reveal better results when it comes to economic performance. This presumption has lead...
Persistent link: https://www.econbiz.de/10011075916