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evidence for displacement effects of African firms due to competition from China. Chinese foreign investment and aid in Africa …
Persistent link: https://www.econbiz.de/10011918494
high import costs. , the People's Republic of China (PRC), and India - here referred to as the ACI countries - on aggregate …
Persistent link: https://www.econbiz.de/10010397343
Persistent link: https://www.econbiz.de/10013370174
Despite its many advantages, the Eastern and Southern Mediterranean region remains relatively backward in economic and social terms and is rightly considered a potential source of social and political instability. Its average GDP per capita lags behind the global average and is increasing slowly...
Persistent link: https://www.econbiz.de/10010326566
Vietnam has been following China's path closely and very successfully for the last two decades, since the adoption of … is the highest of all major Asian exporters (including China) since the mid-1990s. In the current international context … of emerging countries. Several obstacles might block this emergence, such as the rise of China and the stringent rules of …
Persistent link: https://www.econbiz.de/10010273502
The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals … manufacturing trade, have gone further and that this is likely one of the key determinants of better economic performance of China …. Still, China's integration process so far remains characterized by a certain duality. On the one hand the opening up of …
Persistent link: https://www.econbiz.de/10011807627
Various studies showed that total factor productivity (TFP) has not been a source of growth in the Philippines. It seems that factor accumulation, which is not a sustainable source of growth, has underpinned Philippine economic growth. Studies have also shown that the sustained growth of...
Persistent link: https://www.econbiz.de/10011421244
The costs of import substitution (IS) as a strategy for industrialization, which was deemed synonymous with economic development by many development economists of the fifties and sixties, were shown to be substantial in the influential and nuanced studies of the seventies and eighties under the...
Persistent link: https://www.econbiz.de/10010369159
We augment a Schumpeterian growth model with a public basic-research sector to examine how much a country should invest in basic research. We find that the closer the country is to the world’s technological frontier the more the government should invest in basic research. Basic-research...
Persistent link: https://www.econbiz.de/10011753143
We study a model where economic growth is fueled by public basic-research investment and the importation of leading technology from foreign countries. In each period, the government chooses the amount of basic research, balancing the cost and benefits of stimulating growth through both channels....
Persistent link: https://www.econbiz.de/10011753203