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In this paper we develop a two country general equilibrium extension of the Stockman (1980)-Lucas (1982) equilibrium exchange rate model. This optimising framework gives us the opportunity to analyse the effect of foreign direct investment on trade and welfare of both the investor and the...
Persistent link: https://www.econbiz.de/10012732663
In this paper we investigate the impact of regional trade agreements (RTAs) and bilateral investment treaties (BITs) on intra-regional foreign direct investment (FDI) across Latin American countries from 1995 to 2012. We use an augmented gravity model in which we control for cross-country...
Persistent link: https://www.econbiz.de/10012931765
The three main financial inflows to developing countries have largely increased during the last two decades, despite the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging literature investigates the dependence of their effects on...
Persistent link: https://www.econbiz.de/10013306770
Each country is required to have a clearly formulated and detailed national strategy in the transition period for the purpose of management, stimulation, assessment and funding of innovative technology development process. A range of various funding sources includes private venture capital...
Persistent link: https://www.econbiz.de/10013026513
productivity for a sample of 33 developing countries over the period 1980-2005. Using panel cointegration techniques, we find that …: (i) outward FDI has, on average, a positive long-run effect on total factor productivity in developing countries, (ii …) increased factor productivity is both consequence and a cause of increased outward FDI, and (iii) there are large differences in …
Persistent link: https://www.econbiz.de/10003947934
spillovers – which are supposed to affect productivity levels of other firms in a host country. Empirical results on this topic …' productivity levels. The impact is assessed as an average effect for the full set of countries as well as for each economy …
Persistent link: https://www.econbiz.de/10013086728
This paper studies the effect of FDI firms' financial advantages on firm productivity in host countries and examines … cutoff productivity than local firms, especially in financially vulnerable sectors. The same mechanism will also lower the … average productivity of FDI firms especially in financially vulnerable sectors, although FDI firms on average are still more …
Persistent link: https://www.econbiz.de/10013238912
spillovers - which are supposed to affect productivity levels of other firms in a host country. Empirical results on this topic …' productivity levels. The impact is assessed as an average effect for the full set of countries as well as for each economy …
Persistent link: https://www.econbiz.de/10011947819
countries. The sample includes 32 studies that model the contribution of FDI presence to local productivity in the host country …
Persistent link: https://www.econbiz.de/10014058687
This paper assesses the impact of the 2005 multilateral Hong Kong Ministerial decision on duty free quota free (DFQF) market access for products originating in Least developed countries (LDCs) on the latter's export performance. The analysis is conducted over a sample of 41 LDCs, with data...
Persistent link: https://www.econbiz.de/10011504648