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It is a well-known fact that one of the most important determinants of growth is private investment. But in the … countries in Sub-Saharan Africa, and derives a formal specification of investment functions in the primary, industry, and … service sectors in the region using a variation of the combined Tobin's Q Theory and the neoclassical models of investment …
Persistent link: https://www.econbiz.de/10012747803
Few economic ideas are as intuitive as the notion that increasing investment is the best way to raise future output … patterns of investment and capital formation were not the main factors that led nations to be rich or poor, fast-growing or … national investment rates can produce major increases in rates of economic growth. The authors find that although the capital …
Persistent link: https://www.econbiz.de/10012746919
such as the Pacific Alliance should also take into consideration provisions such as investment, competition policy, and …
Persistent link: https://www.econbiz.de/10012908041
The spread of global value chains (GVCs) has given rise to new statistical tools, the Inter-Country Input-Output tables and new analytical frameworks aimed at properly identifying production linkages between and within economies. However, several important questions remain unaddressed. This...
Persistent link: https://www.econbiz.de/10012889215
was induced by the country?s trade and investment liberalization, which deepened its engagement in global value chains and …
Persistent link: https://www.econbiz.de/10012936760
This paper develops a novel methodology to measure the quantity of jobs and value of wages embodied in exports for a large number of countries and sectors for intermittent years between 1995 and 2011. The resulting Labor Content of Exports database allows the examination of the direct...
Persistent link: https://www.econbiz.de/10012969667
that productivity, foreign affiliates sales, and trade and investment in services may hold for interdependence and cross …
Persistent link: https://www.econbiz.de/10012974434
This paper provides up-to-date characterization of the association between trade and GDP comovement -- also called the trade comovement slope -- for 150 countries from 1962 to 2011. The paper shows that trade is significantly linked to more GDP correlation, either directly through bilateral...
Persistent link: https://www.econbiz.de/10012857746
The emergence of global value chains has opened up new ways to achieve development and industrialization. However, new evidence shows that not all countries have gained from participating in global value chains, and that country-specific characteristics matter for economic upgrading in global...
Persistent link: https://www.econbiz.de/10012920479
. Although international transactions in services that take place through foreign investment are difficult to measure, their …
Persistent link: https://www.econbiz.de/10012933438