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‐06, official statistics started reporting steep increases in FDI inflows. This paper is an attempt to explain this divergence from … international norms in measuring the FDI inflows. The study finds that portfolio investors and round-tripping investments have been … important contributors to India’s reported FDI inflows thus blurring the distinction between direct and portfolio investors on …
Persistent link: https://www.econbiz.de/10008866119
We analyze a firm that produces a final good from multiple intermediates that can each be sourced domestically or from a low-wage country. The model explicitly incorporates that sourcing decisions of intermediates are interdependent. Equilibrium predictions depend crucially on a key modeling...
Persistent link: https://www.econbiz.de/10009324256
contextualizing the various contributions included in the issue. The main sections are devoted to the determinants of FDI, including …
Persistent link: https://www.econbiz.de/10010700059
The firm-level approach to intra-industry trade reveals that the variation in the number of exporters or exported varieties (extensive margin) accounts for a greater share of the changes in aggregate trade than the variation in the average exports per firm variety (intensive margin). This paper...
Persistent link: https://www.econbiz.de/10011130184
This paper operates at the interface of the literature on the impact of foreign direct investment (FDI) on host … countries, and the literature on the determinants of institutional quality. We argue that FDI contributes to economic … data set of 70 developing countries during the period 1981 and 2005, and we show that FDI inflows have a positive and …
Persistent link: https://www.econbiz.de/10010877142
This 2005 Article IV Consultation highlights that following three years of sluggish economic growth, activity in Guatemala improved somewhat in 2004, with real GDP rising by 2¾ percent, but consumer price inflation drifted upward to more than 9 percent. Monetary policy is being geared to...
Persistent link: https://www.econbiz.de/10005825096
This 2005 Article IV Consultation highlights that Dominica is recovering from the aftermath of an economic and financial crisis in 2001–02 when output contracted by 10 percent. The reform strategy has been successful. Economic growth has recovered to more than 3 percent a year and is set...
Persistent link: https://www.econbiz.de/10005825119
This 2004 Article IV Consultation highlights that a cyclical recovery is under way for Italy, with real GDP having risen by 1.2 percent in the first three quarters of 2004 relative to the same period of the previous year, thanks to the favorable external environment and a recovery of investment....
Persistent link: https://www.econbiz.de/10005825131
This 2004 Article IV Consultation highlights that Slovakia’s economic performance has improved since the 2003 Article IV Consultation. Output has expanded strongly, and fiscal and external balances have narrowed substantially in recent years. These developments were assisted by large...
Persistent link: https://www.econbiz.de/10005825144
Fiscal policy in oil-producing countries can be profoundly affected by oil revenue uncertainty and volatility. Policy formulation should factor in the exhaustibility of the natural resources and aim at reducing oil revenue volatility passed on to the economy. Past fiscal policy in Nigeria has...
Persistent link: https://www.econbiz.de/10005825881