In this study we construct an alternative analytical framework aimed at investigating the nexus between FDI inflow and productivity growth within the externalities type endogenous growth theory. The competitive equilibrium of our model indicates that a technological spillover from FDI has...

In this article, we examine whether the Mexican manufacturing industry 'findings' of Kaldor and Verdoorn regarding the relationship between economic growth, changes in labor productivity and employment growth are verified over the 2007:01-2013:08 period. To this, after review the Verdoorn and...

Recent studies of developing countries have suggested that the effectiveness of foreign direct investment (FDI) as spur to econo mic growth depends on the availability of "human capital" or skilled labour in a host country. In other words, it is primarily the synergy between FDI and human...

According to Kaldor (1970), regional growth patterns arise from a cumulative causation process as broadly combining two substantial mechanisms i.e. a productivity regime, known as the “Kaldor-Verdoorn” law, and a demand regime due to the expansion of exportations. This paper attempts to...