Showing 1 - 10 of 165
We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10005263684
acknowledge and appreciate the spillovers resulting from such UMPs. Central banks of the AEs, who have set up standing mutual swap …
Persistent link: https://www.econbiz.de/10010790334
debated in global and national policy circles. When the U.S. resorted to unconventional monetary policy, spillovers on asset …-term bond yields. Instead, we find that larger spillovers stem more from structural factors, such as the use of new instruments …
Persistent link: https://www.econbiz.de/10011123869
This paper quantifies the effect of realized and potential global growth disappointments on export volumes from the Middle East, North Africa, the Caucasus, and Central Asia. Estimates of export elasticities with respect to trading partner GDP indicate non-oil export volumes are relatively...
Persistent link: https://www.econbiz.de/10011142158
This paper studies economic and financial spillovers from the euro area to Poland in a two-country semi …-structural model. The model incorporates various channels of macrofinancial linkages and cross-border spillovers. We parameterize the …
Persistent link: https://www.econbiz.de/10011142199
This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly large amounts of foreign investment. The review indicates that sustained efforts to promote political and macroeconomic stability and implement essential structural reforms have...
Persistent link: https://www.econbiz.de/10005248318
This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main...
Persistent link: https://www.econbiz.de/10005263716
Despite the rapid increase in FDI flows to LICs, there have been relatively few studies that have specifically examined these flows. This paper attempts to partially fill the void by throwing light on one particularly dynamic aspect of global FDI-flows from Brazil, Russia, India and China...
Persistent link: https://www.econbiz.de/10009203549
In weak intellectual property rights (IPR) environments, the imitation of proprietary technology by domestic firms has become a deterrent for foreign investment. Different multinationals may view this deterrent differently. This paper develops a model where firms with more technology are less...
Persistent link: https://www.econbiz.de/10005825669
Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in terms of revenues forgone with the benefits in terms of increased foreign direct...
Persistent link: https://www.econbiz.de/10005826331