equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward … German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …

change interact and what are the potential long-run implications for economic growth? This book addresses the interplay of … the growth prospects of countries. Thereby it shows that protectionism not only harms static efficiency but might as well … lead to dynamic losses. The book provides a systematic overview of the theoretical underpinnings of the openness-growth …

financial links among countries. This work aims to analyze the possible effects of a potential economic growth downturn or one … large negative shock in China, Germany and United States on the growth of other economies. We use a univariate Global …