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In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu 2007; Luo 2007; Ran et al. 2007). Motivated by Alfaro et al.'s (2003) model, this study tests whether poor financial market development might be responsible...
Persistent link: https://www.econbiz.de/10013121874
-invested firms grow in size but not in productivity compared with non-invested firms over a four-year horizon. Decomposing foreign … group firms resulting in little effect on productivity or growth but leading to growth in stand-alone firms. Foreign …
Persistent link: https://www.econbiz.de/10013096648
significant potential for improving the productivity growth rate of host countries through technology transfer. Design …/methodology/approach: The impact of potential spillover effects associated with FDI flows on productivity growth has been examined by …
Persistent link: https://www.econbiz.de/10012801934
We develop a tractable growth model to study the dynamic macroeconomic effects of multinational production (MP) across countries. In this model, MP is the vehicle of international idea diffusion: when firms produce in a foreign country, they contribute to the local stock of knowledge. We...
Persistent link: https://www.econbiz.de/10014235704
significant potential for improving the productivity growth rate of host countries through technology transfer. Design …/methodology/approach: The impact of potential spillover effects associated with FDI flows on productivity growth has been examined by …
Persistent link: https://www.econbiz.de/10013307530
Persistent link: https://www.econbiz.de/10011450784
Studies regarding the migrants' impact upon performance variables and in particular upon productivity growth - which is … industries and regions and output and productivity growth. We do obtain robust results with respect to the positive impact of the … - on the relationship between productivity growth and the shares of migrants and of high-skilled migrants in overall …
Persistent link: https://www.econbiz.de/10011392342
The Republic of South Africa faces the imperative of escaping economic stagnation. This paper seeks to synthesize results from a series of research efforts, including but not limited to the work conducted under the UNU-WIDER project on 'Regional growth and development in Southern Africa', and...
Persistent link: https://www.econbiz.de/10011775912
We show that in a fully integrated economy, in which there is free mobility of goods and factors, each member’s share of total output will equal its shares of total stocks of productive factors (i.e., physical and human capital). We label this result the equal-share relationship. This...
Persistent link: https://www.econbiz.de/10011343242
Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output …
Persistent link: https://www.econbiz.de/10010340544