Showing 1 - 10 of 1,342
The paper studies the drivers of productivity at country and sectoral levels over the period 2000-2017 with the focus on the impact of capital accumulation and structure. The analysis confirms an especially important role of ICT and intangible digital capital for productivity growth,...
Persistent link: https://www.econbiz.de/10012209649
In the age of globalisation, international trade and foreign direct investment (FDI) have become integral elements of … cross-country production sharing. In this paper we empirically assess the impact of FDI, as well as capital dynamics and … database constructed for a sample of European countries over the period 2000-2014. The analysis reveals that inward FDI is …
Persistent link: https://www.econbiz.de/10012153901
global value chains (GVC) and foreign direct investment (FDI). The analysis reveals that both FDI and GVC networks have a … Germany. Simultaneous equation model regressions using three-stage least squares suggest that FDI centrality facilitates GVC … centrality of countries. However, FDI centrality is driven to a large extent by the FDI statutory restrictions and tax offshore …
Persistent link: https://www.econbiz.de/10012589359
Using sector-level data on bilateral greenfield investment for 198 source and destination countries over 2003-2018 in a structural gravity model, we examine the likely effect of the African Continental Free Trade Area (AfCFTA) on African investment. Conditional general equilibrium estimates from...
Persistent link: https://www.econbiz.de/10012175785
different time spans within the 1998-2013 period. The empirical results show that total FDI contributes positively to the growth … in the analyzed countries. With regards to our main focus, the analysis of the decomposition of FDI finds that FDI in the … industrial and services sectors has a positive and significant effect on economic growth, whereas FDI in the construction sector …
Persistent link: https://www.econbiz.de/10011671825
Ever since India decided to globalize, concentrated effort was made to attract Japanese participation through foreign direct investment. However, response from Japan has been rather subdued. This paper attempts to gain some insight into this reluctance of Japanese investors by studying the...
Persistent link: https://www.econbiz.de/10003913780
This study develops a linked regional computable general equilibrium and micro-simulation (RCGE-MS) model to assess the regional economy-wide and poverty impacts of a US$36 million investment in tourism in the south of Haiti. The first social accounting matrix for Haiti with a base year of...
Persistent link: https://www.econbiz.de/10011431387
This paper attempts to empirically assess the impact of the ECB's quantitative easing policy on capital flows in the countries of the Central and South Eastern region. Given the tight trade and financial linkages of the region with the euro area, one should expect that the buoyant liquidity...
Persistent link: https://www.econbiz.de/10011874153
Specialisation in value-chain functions is one of the new phenomena introduced by global value chains (GVCs). This report investigates the effects of functional specialisation on labour markets in fabrication and R&D activities as the two polar cases of value-chain functions, whereby the former...
Persistent link: https://www.econbiz.de/10014279986
specialisation are used - an FDI-based approach and a trade-based approach. To assemble a relative functional specialisation index …, human capital and labour skills foster FS in R&D (only in FDI data), and growing employment makes FS in fabrication increase …
Persistent link: https://www.econbiz.de/10014279987