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The empirical analysis in quot;International Ramp;D Spilloversquot; (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results...
Persistent link: https://www.econbiz.de/10012759295
China and India. US FDI is found to play a significant positive role in the exports of high-tech equipment from both rich …
Persistent link: https://www.econbiz.de/10013122466
, firm-level data from India's organized manufacturing sector to show that market-share reallocations did play an important … role in aggregate productivity gains immediately following the start of India's trade reforms in 1991. However, aggregate … attributed to India's trade liberalization and FDI reforms. Finally, we construct a panel dataset that allows us to track firms …
Persistent link: https://www.econbiz.de/10013130973
Trade in business services has been attracting attention from academic researchers, policy makers, and business journalists. While there are many anecdotes, there has been little in the way of formal theory applied to this issue. In this paper, we adapt a general model of fragmentation of...
Persistent link: https://www.econbiz.de/10012760467
-run business groups, domestic financial institutions, and foreign financial institutions. Using data from India in the early 1990s …
Persistent link: https://www.econbiz.de/10012763811
to that of India, and, simultaneously, FDI inflows relative to GDP for China versus India declined. These observations … China relative to India. Our paper is a contribution to the nascent literature exploring demographic transitions and their …
Persistent link: https://www.econbiz.de/10012929003
From the early 1990s onwards, India has engaged in policies involving trade liberalisation, strong controls on debt …
Persistent link: https://www.econbiz.de/10013247425
and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research … governance project. Each of the papers represents state-of-the-art research in an important area of corporate governance research …
Persistent link: https://www.econbiz.de/10013134144
Might the dollar eventually follow the precedent of the pound and cede its status as leading international reserve currency? Unlike ten years ago, there now exists a credible competitor: the euro. This paper econometrically estimates determinants of the shares of major currencies in the reserve...
Persistent link: https://www.econbiz.de/10013105149
Intelligently allocating research effort and funds requires deciding whether to build on recent advances or on more … established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the … invention process promotes technological progress. The gains from pursuing such innovative research paths may, however, be very …
Persistent link: https://www.econbiz.de/10013065176