Showing 1 - 10 of 101
The empirical literature finds mixed evidence on the existence of positive productivity externalities in the host country generated by foreign multinational companies. We propose a mechanism that emphasizes the role of local financial markets in enabling foreign direct investment (FDI) to...
Persistent link: https://www.econbiz.de/10012466143
-run income loss or gain for countries that experienced crises. This is in contrast to the recent wave of globalization when …
Persistent link: https://www.econbiz.de/10012465070
best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude … gained from trade, and by some measures, more so than China. We sketch out a theory in which developing countries can grow … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …
Persistent link: https://www.econbiz.de/10012462077
. While the substantial presence of FIEs has contributed greatly to the recent export-led growth of China, an important …
Persistent link: https://www.econbiz.de/10012465274
constraints on entry, but in addition it facilitates transfers of control of incumbent firms, from untalented to talented managers …
Persistent link: https://www.econbiz.de/10012465823
Even though Australia has experienced frequent and large commodity export price shocks like the Third World, it seems … de-industrialization and distributional impact, and policy responses. In what way has Australia been different from other …
Persistent link: https://www.econbiz.de/10012463954
. Australia and California are two economies having the rare distinction of achieving 150 years of sustained high and rising … controls over immigration or capital movements, or trade policy. Australia did, and after 1900 pursued an increasingly …
Persistent link: https://www.econbiz.de/10012470310
This paper examines the relationship between antidumping filings and macroeconomic factors. We show that real exchange rate fluctuations affect the two criteria for dumping in opposite ways, making the overall effect on filings ambiguous in theory. Interestingly, no such ambiguity is evidenced...
Persistent link: https://www.econbiz.de/10012470721
. Using a novel data set we offer new evidence supporting unambiguously the view that, in sharp contrast with US, Australia …
Persistent link: https://www.econbiz.de/10012455265
Latin America began the twentieth century as a relatively poor region on the periphery of the world economy. One cause of a low level of income per person was capital scarcity. Long run growth via capital deepening requires either the mobilization of domestic capital through savings, or large...
Persistent link: https://www.econbiz.de/10012471391