This paper analyzes the magnitude and determinants of capital flight from resource-rich developing countries (RRDCs) using macro-panel data from 21 countries from 1990 to 2011. Calculations reveal that capital flight from RRDCs was less serious than that experienced by some Latin American...

In this paper we examine some testable implications of growth theories based on threshold externalities and complementarities. Specifically, we use industry data for a set of eight emerging economies in East Asia and Eastern Europe to perform general tests of the big push industrialization...

Self-selection of productive firms to exporting suggests that non-exporters are less productive and locked out of international markets due to low productivity. Using a panel dataset of 88,752 New Zealand agriculture and forestry sector firms over the period 2000-07, this paper measures the...

In this paper we examine some testable implications of growth theories based on threshold externalities and complementarities. Specifically, we use industry data for a set of eight emerging economies in East Asia and Eastern Europe to perform general tests of the big push industrialization...

There is a raging controversy regarding the impact of foreign aid on economic growth in developing countries. This paper contributes to the growing literature by examining empirically the impact of per capita aid on economic growth using the OLS methodology on time-series data covering the...

There is a raging controversy regarding the impact of foreign aid on economic growth in developing countries. This paper contributes to the growing literature by examining empirically the impact of per capita aid on economic growth using the OLS methodology on time-series data covering the...

In this paper, we test the hypothesis that higher economic development is associated with lower trade costs. Using exports from 103 Italian provinces to 188 countries over the period 1995-2004, we estimate distance elasticity, our measure of trade costs, through a gravity equation model of...

Firm Performance and Foreign Direct Investment: Evidence from Transition Economies Mahmut Yasar, University of Texas at Arlington, and Catherine J. Morrison Paul, University of California, Davis* Abstract We evaluate the performance of foreign-owned versus domestic firms, and the spillover...

In this paper, we test the hypothesis that higher economic development is associated with lower trade costs. Using exports from 103 Italian provinces to 188 countries over the period 1995-2004, we estimate distance elasticity, our measure of trade costs, through a gravity equation model of...

Firm Performance and Foreign Direct Investment: Evidence from Transition Economies Mahmut Yasar, University of Texas at Arlington, and Catherine J. Morrison Paul, University of California, Davis* Abstract We evaluate the performance of foreign-owned versus domestic firms, and the spillover...