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The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … FDI not only contribute to physical capital accumulation, but also generate positive technological spillovers. The policy …
Persistent link: https://www.econbiz.de/10013113327
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10013125437
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country’s economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10014177258
For three years after the typical developing country opens its stock market to inflows of foreign capital, the average annual growth rate of the real wage in the manufacturing sector increases by a factor of seven. No such increase occurs in a control group of developing countries. The temporary...
Persistent link: https://www.econbiz.de/10014209305
The study investigates the impact of trade liberalization on employment, its consequence to poverty reduction and how … trade openness affects economic development in Pakistan. Although, increase in poverty and unemployment is observed, this …
Persistent link: https://www.econbiz.de/10012896272
This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and … markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we … show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in …
Persistent link: https://www.econbiz.de/10013317788
Poverty reduction has long been one of the political priorities of the European Union and its member states. Despite … the political declarations and measures applied, poverty is still a phenomenon that affects the everyday lives of about 70 … million Europeans. Moreover, trends in poverty incidence show how poverty risks are sensitive to overall socio …
Persistent link: https://www.econbiz.de/10015073346
For several decades, the international community has aspired to integrate the social, economic and environmental dimensions of sustainability. Yet, no country has achieved the patterns of consumption and production that could sustain global prosperity in the coming decades. Thus, with the...
Persistent link: https://www.econbiz.de/10013058063
Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper uses macrodata to examine the linkages between...
Persistent link: https://www.econbiz.de/10013245766
According to theory, financial openness (FO) increases growth. The literature often conditions the growth effect of FO on favorable collateral environment. However, this can conceal the actual growth benefits of FO. This paper contributes to the literature by investigating the unconditional...
Persistent link: https://www.econbiz.de/10014307771