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Why is China Investing in Africa? Evidence from the Firm Level
Chen, Wenjie - 2016
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … registered Chinese firms investing in Africa between 1998 and 2012. We use key words in project descriptions to code the …
Persistent link: https://www.econbiz.de/10012987345
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Market Structure, Technological Gap and Vertical Linkage Effects from Foreign Direct Investment
Kadochnikov, Sergey; Drapkin, Igor M. - 2021
This paper is based on the model of backward linkages from foreign direct investment (FDI) Lin/Saggi (2003), where the market structure of the final goods sector is represented by a monopoly or Cournot oligopoly, and the supplier sector - by a pure monopoly. We extend this model by examining...
Persistent link: https://www.econbiz.de/10013316575
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Collective versus Decentralized Wage Bargaining and the Efficient Allocation of Resources
Cai, Xiaoming - 2015
An advantage of collective wage agreement is that search and business-stealing externalities can be internalized. A disadvantage is that it takes more time before an optimal allocation is reached because more productive firms (for a particular worker type) can no longer signal this by posting...
Persistent link: https://www.econbiz.de/10013015079
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Technology and Education : Computers, Software, and the Internet
Bulman, George - 2015
A substantial amount of money is spent on technology by schools, families and policymakers with the hope of improving educational outcomes. This chapter explores the theoretical and empirical literature on the impacts of technology on educational outcomes. The literature focuses on two primary...
Persistent link: https://www.econbiz.de/10013011649
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The Evidence on Globalization
Potrafke, Niklas - 2014
Globalization is blamed for many socio-economic shortcomings. I discuss the consequences of globalization by surveying the empirical globalization literature. My focus is on the KOF indices of globalization (Dreher 2006a and Dreher et al. 2008a), that have been used in more than 100 studies....
Persistent link: https://www.econbiz.de/10013055390
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An Empirical Study of Pricing Strategies in an Online Market with High-Frequency Price Information
Ellison, Sara Fisher - 2014
We study competition among a score of firms participating in an online market for a commodity computer component. Firms were able to adjust prices continuously; prices determined how the firms were ranked and listed (lowest price listed first), with better ranks contributing to firms' sales....
Persistent link: https://www.econbiz.de/10013057184
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Economic Growth in Africa : Comparing Recent Improvements with the 'Lost 1980s and Early 1990s' and Estimating New Growth Trends
Leibfritz, Willi - 2013
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. During the first period, Africa did not catch up but lost ground, Africa's average per capita income declined. Since the mid … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the …
Persistent link: https://www.econbiz.de/10013082614
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The Negative Consequences of Overambitious Curricula in Developing Countries
Pritchett, Lant - 2013
. Using data from three recent studies in South Asia and Africa, we show that a majority of students spend years of …
Persistent link: https://www.econbiz.de/10013089159
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Energy Consumption and Economic Growth Revisited in African Countries
Eggoh, Jude Comlanvi - 2014
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10013067360
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Fiscal Policy During Business Cycles in Developing Countries : The Case of Africa
Leibfritz, Willi - 2013
procyclicality Africa's resilience against external shocks improved. This also helped to better cope with the Great Recession of 2009 …
Persistent link: https://www.econbiz.de/10013072104