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Are Foreign and Public Capital Productive in the Mexican Case? A Panel Unit Root and Panel Cointegration Analysis
Ramirez, Miguel D. - 2008
Using panel data, this paper tests whether foreign, public, and private capital have a positive and significant effect on aggregate output and labor productivity for Mexico during the 1960-2001 period. The richer information set made possible by the sectorial data enables this study to utilize...
Persistent link: https://www.econbiz.de/10014218000
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International capital market integration, educational choice and economic growth
Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005
This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is non-compulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...
Persistent link: https://www.econbiz.de/10003291728
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Does infrastructural absorptive capacity stimulate FDI-growth nexus in ECOWAS?
Ogundipe, Adeyemi A.; Oye, Queen Esther; Ogundipe, … - In: Cogent economics & finance 8 (2020) 1, pp. 1-19
The study assesses the relevance of infrastructural absorptive capacity in the foreign direct investment (FDI)-growth argument in ECOWAS. Though foreign aid has received a vast attention in the literature, however, an assessment of how the infrastructural readiness of the host economies drives...
Persistent link: https://www.econbiz.de/10012215181
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On the Role of Absorptive Capacity : FDI Matters to Growth
Kinoshita, Yuko; Lu, Chia-Hui - 2012
infrastructure is a pre-requisite. In the overlapping generations structure setting, we show that technology spillovers via FDI take … place only when the host country has the sufficient level of infrastructure. Infrastructure has a subsequent positive … feedback on further investment which leads the country grow faster. If infrastructure falls short of the critical level …
Persistent link: https://www.econbiz.de/10014054631
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India : perspectives on equitable development
Mahendra Dev, S. (ed.); Chandrasekhara Rao, N. (contributor) - 2009
Macroeconomic performance and policies -- Employment, food security and poverty -- Physical and social infrastructure …
Persistent link: https://www.econbiz.de/10003826926
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The Demographics of Expropriation Risk
Harms, Philipp; an de Meulen, Philipp - 2009
It is often argued that capital should flow from aging industrialized economies to countries with fast-growing populations. However, institutional failures and the risk of expropriation substantially reduce developing economies' attractiveness for foreign investors. We analyze the influence of a...
Persistent link: https://www.econbiz.de/10011430070
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The demographics of expropriation risk
Harms, Philipp; Meulen, Philipp an de - 2009
It is often argued that capital should flow from aging industrialized economies to countries with fast-growing populations. However, institutional failures and the risk of expropriation substantially reduce developing economies' attractiveness for foreign investors. We analyze the influence of a...
Persistent link: https://www.econbiz.de/10003882307
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Why don't labor and capital flow between young and old countries?
Calahorrano, Lena; Meulen, Philipp an de - 2009
In this paper we investigate the twofold effect of demographics on international factor flows in a model with endogenous policy constraints on both foreign direct investment and migration. Factor price differences between industrialized and developing countries create economic incentives for...
Persistent link: https://www.econbiz.de/10003889091
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Demographic structure and the security of property rights in developing countries : an empirical exploration
Harms, Philipp; Meulen, Philipp an de - 2010
It is often argued that countries with a high population share of children and young workers should attract large capital inflows from aging industrialized economies. However, many of these countries deter foreign investors by a high risk of creeping or outright expropriation. In this paper we...
Persistent link: https://www.econbiz.de/10008934959
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Can Multinational Enterprises Light Up Developing Countries? MNEs and Access to Electricity in Sub-Saharan Africa
D'Amelio, Matilde - 2015
Access to electricity is a marker for development but it is far from being universal in developing countries. In this context, multinational enterprises (MNEs) could play a role, especially if the country suffers from institutional voids. Using a panel of 1500 home-host country pairs, observed...
Persistent link: https://www.econbiz.de/10013016604