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in Gourinchas and Jeanne (2013) to compute regional investment and saving wedges. By relating those frictions with TFP … catch-up parameters, we find an investment and a saving puzzle: regions that caught up relative to the rest of China seem to … have lower investment rate (higher investment tax) and higher saving (lower saving tax) relative to the prediction of the …
Persistent link: https://www.econbiz.de/10010402791
To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries …
Persistent link: https://www.econbiz.de/10010490551
Persistent link: https://www.econbiz.de/10009670081
Persistent link: https://www.econbiz.de/10001725688
The purpose of this paper is to test the dependency of domestic investment on domestic saving in the Feldstein …-Horioka spirit. Our innovation is to use a de nition of investment that does not include foreign direct investment. We do so since … related to domestic saving in a meaningful way. Once we adopt, as the dependent variable, pure domestic investment the result …
Persistent link: https://www.econbiz.de/10012779916
Much has been recently written about the Multilateral Agreement on Investment (MAI) that has been negotiated by OECD …
Persistent link: https://www.econbiz.de/10010229104
Using formal statistical tests, we detect (i) significant volatility increases for various types of capital flows for a period of changes in business cycle comovement among the G7 countries, and (ii) mixed evidence of changes in covariances and correlations with a set of macroeconomic variables
Persistent link: https://www.econbiz.de/10013133294
business cycle variables (output, investment, and real interest rate) in 22 industrial and emerging countries. Total inward … output and investment in most industrial and emerging countries. Disaggregated inward flows positively comove with output in … industrial countries and with investment and the real interest rate in the G7 economies. Inward foreign direct investment is the …
Persistent link: https://www.econbiz.de/10012712571
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
The aim of this study was to ascertain the growth effects of capital inflows using investment as a transmission channel … research output also showed that domestic investment has a positive and significant effect on Nigerian economic growth. From … the findings of the study, it is concluded that capital inflow and domestic investment has positively contributed to the …
Persistent link: https://www.econbiz.de/10012889415