Showing 1 - 10 of 1,440
, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side … confirms that trade and investment liberalization are essential drivers of economic development. The economic growth and trade … benefits from trade facilitation generally dwarf those from tariff liberalization and, to a lesser extent, those achieved …
Persistent link: https://www.econbiz.de/10011773529
This paper investigates the relationship between firm heterogeneity and a firm's decision to export, using the annual survey of Thai manufacturing firms from 2001 to 2004. A significant contribution of this paper is that we are, for the first time, able to break down FDI by country of origin to...
Persistent link: https://www.econbiz.de/10012724778
There is a stark contrast between the ambitious investment promotion efforts of many least developed countries (LDCs) and their often minimal commitments under the General Agreement on Trade in Service (GATS). At a time of urgent need to address domestic infrastructure and investment gaps, this...
Persistent link: https://www.econbiz.de/10009011779
A developing country may attract foreign direct investment (FDI) for (1) technology transfer that increases local firm profits or for (2) wage premiums that benefit workers. The two never occur together but if the country can attract FDI, it is guaranteed either the technology transfer or the...
Persistent link: https://www.econbiz.de/10012749356
We construct an oligopoly model in which a multinational firm has a superior technology compared to local firms. Workers employed by the multinational acquire knowledge of its superior technology. The multinational may pay a wage premium to prevent local firms from hiring its workers and thus...
Persistent link: https://www.econbiz.de/10014091456
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry...
Persistent link: https://www.econbiz.de/10013473693
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry of...
Persistent link: https://www.econbiz.de/10013477221
This paper attempts to apply the intangible assets approach to the emerging multinational enterprises of Korea. More … in different host regions. The following conclusions have been drawn by analyzing the data on Korea manufacturing firms …
Persistent link: https://www.econbiz.de/10012942566
Low cost of labor has been one of the major incentives that foreign firms invest in many developing countries. Yet, many developing countries including China and ASEAN have recently experienced a rapid increase in labor costs. Using the wage information provided by JETRO, this study examines how...
Persistent link: https://www.econbiz.de/10014093381
Over recent years India has witnessed wide-ranging economic reforms in her policies governing international trade and FDI flows. Consequently, both trade and FDI flows have risen dramatically since 1991. Using firm-level panel data this paper finds that significant productivity improvements have...
Persistent link: https://www.econbiz.de/10013054644