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(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … is weaker than for FDI spillovers. The paper also gives a detailed account of why our study leads to results different …
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The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …
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in FDI in the post-crisis world. …What accounts for variations in FDI flows from advanced to developing countries? How have FDI inflows explained cross … drivers of FDI outflows to low-income countries in the pre-crisis period; (ii) economic fundamentals, the strength of economic …
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rates of FDI as well as domestic capital formation. This "investment hunger" can lead to unanticipated declines in the …
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We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only...
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