Showing 1 - 10 of 55,252
This paper calculates Theil’s entropy index to measure the extent of productivity differences across 92 countries for … the period from 1970 to 2003. While there is evidence of increasing differences in productivity across these countries, we …. The results of our multivariate time series analysis also suggest that FDI increases productivity differences among low …
Persistent link: https://www.econbiz.de/10014153895
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655
Recent evidence from developing and emerging economies shows a negative correlation between growth and net capital inflows, a contradiction to neoclassical growth theory. I provide updated and disaggregated evidence on the origins of this puzzle. An analysis of the components of capital flows...
Persistent link: https://www.econbiz.de/10011295656
This paper investigates the impact of foreign direct investment (FDI) on economic growth in a sample of 10 ex-socialist European and Asian countries. While the link between FDI and economic growth has been extensively investigated in empirical literature, this paper contributes to this...
Persistent link: https://www.econbiz.de/10014246483
In this paper, we investigate how de facto financial globalization has influenced the labor share in developing countries. Our main argument is the need to distinguish between different types of capital in this context, as different forms of foreign investment have different fixed costs and...
Persistent link: https://www.econbiz.de/10011581740
missed. Looking at the relationship between FDI growth on one hand and labour productivity, capital productivity and …
Persistent link: https://www.econbiz.de/10011392225
The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …
Persistent link: https://www.econbiz.de/10012232879
home country. This paper investigates the effects on productivity and trade from the perspective of transaction costs … suggests that the effect of offshoring manufacturing and services on total factor productivity (TFP) is positive and larger … than the effect of R&D on productivity. …
Persistent link: https://www.econbiz.de/10011373831
This paper examines the relationship between total factor productivity, trade openness, and foreign direct investment … productivity negatively impacts growth due to the improper allocation of resources across sectors. Our paper contributes policy …
Persistent link: https://www.econbiz.de/10014441067
productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …
Persistent link: https://www.econbiz.de/10013325040