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investment (FDI) on cross-country differences in productivity. We construct a spatial Gini coefficient of labor productivity … across countries, and weighted indices of FDI and gross domestic investment (GDI). We then examine their time series … properties to explore the relations of FDI and GDI with productivity. Although we find little evidence of FDI flows - which have …
Persistent link: https://www.econbiz.de/10012723175
puzzle. An analysis of the components of capital flows and of gross portfolio positions shows that foreign direct investment … is directed towards countries with the highest growth rates, but that portfolio investment outflows exceed these inflows …
Persistent link: https://www.econbiz.de/10011295656
Persistent link: https://www.econbiz.de/10003837531
The purpose of this paper is to investigate the intertemporal linkages between FDI and disaggregated measures of international trade. We outline a model exemplifying some of these linkages, describe several methods for investigating two-way feedbacks between various categories of trade, and...
Persistent link: https://www.econbiz.de/10011520388
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …
Persistent link: https://www.econbiz.de/10012947623
The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … investment using panel data techniques. Among other results, we confirm the high importance of tangible and intangible ICT … 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
As substantive economic and social phenomena, international trade and investment are inextricably linked. Yet like … parting of their respective legal systems, international trade and investment are more closely tied to each other today than … ever before, with a significant portion of international trade and investment flows occurring in global supply chains …
Persistent link: https://www.econbiz.de/10014175734
Brexit became an important subject not only for academics but also for international institutions, research centers and consultancy companies, think tanks and independent experts. The aim of this article is to: (1) provide a general approach of the literature; (2) see how the effects of Brexit...
Persistent link: https://www.econbiz.de/10012505368
do not show any auto-correlation. The trade and foreign investment variables have a significant impact on the growth rate …
Persistent link: https://www.econbiz.de/10011499650
We propose a multi-country dynamic general equilibrium model to quantify the implications of trade and FDI liberalizations for the surge of global trade and current account (CA) imbalances. We calibrate our model to replicate the evolution of bilateral trade and FDI flows across 5 major...
Persistent link: https://www.econbiz.de/10012840844