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This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....
Persistent link: https://www.econbiz.de/10010938989
. However whether tax incentives can promote FDI productivity spillovers remains unknown. We develop a static computable general … equilibrium (CGE) model of China to explore it. The results suggest that abolishing differential tax system leads to weaker FDI … spillovers in the short term. Nonetheless, the reform lifts up the productivity entry threshold for foreign firms, and the …
Persistent link: https://www.econbiz.de/10010594851
that, while evidence on China’s productivity and prices supports this hypothesis, its real exchange rate showed no tendency …International pressure to revalue China’s currency stems in part from the expectation that rapid economic growth should … economic growth is due to relative tradable productivity gains which cause rising relative non-traded prices. The puzzle is …
Persistent link: https://www.econbiz.de/10009415579
. Yet, while evidence on China’s productivity and prices supports this hypothesis, its real exchange rate has shown no long …International pressure to revalue China’s currency stems in part from the expectation that rapid economic growth should … sees growth as stemming from improvements in traded sector productivity and associated rises in wages and non-traded prices …
Persistent link: https://www.econbiz.de/10005057564
Dans cette recherche, nous tentons d’évaluer les effets de la crise économique mondiale de 2008-2009 sur l’économie sénégalaise. A l’aide d’un modèle d’équilibre général calculable statique, nous mettons en exergue les principaux canaux par lesquels cette crise a pu se...
Persistent link: https://www.econbiz.de/10010705765
Increases in clothing exports after 2000 signaled the first incidence of large-scale manufacturing exports from sub-Saharan Africa. Using firm-level information, this paper explores the potential of clothing exports for poverty reduction and further growth as seen in other low income countries....
Persistent link: https://www.econbiz.de/10005222497
of Chinese outbound direct investment on the productivity of domestic firms. Particularly, we attempt to answer two … foreign firms are more productive and that their presence has different spillover effects on the productivity of domestic … potential endogeneity between foreign firm presence and domestic firm productivity. …
Persistent link: https://www.econbiz.de/10011264673
Despite the impressive magnitude of inward FDI in China, empirical studies on its spillover effects are relatively …
Persistent link: https://www.econbiz.de/10010730427
firms’ managerial and production procedures so far. China is one the largest recipient of F.D.I. inflow worldwide and the …, developing countries have the ability to attract F.D.I. through imitating China. …
Persistent link: https://www.econbiz.de/10010674787
reforms or alternative productivity scenarios are hardly effective in reducing the divide between urban and rural areas. …
Persistent link: https://www.econbiz.de/10010955612