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development on FDI inflow for middle-income economies during the period of study, 1980 to 2020. An annual frequency of data was … significant cointegration, and the stationarity of FDI inflow at first difference, while the explanatory and controlled variables … development, inflation rate, trade openness, and real economic growth as the most critical factors for FDI inflow in middle …
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This paper investigates the impact of trade openness on economic growth and development for a sample of 85 middle-income countries over the period 1970-2009. The paper employs non-stationary heterogeneous panel cointegration techniques that take into consideration the impact of cross-section...
Persistent link: https://www.econbiz.de/10013097488
We examine the importance of total factor productivity (TFP) growth in middle-income countries based on cross …
Persistent link: https://www.econbiz.de/10011754850
, and FDI for designing policies in order to reduce disparities in productivity growth, and hence economic growth, which … the regional disparity in productivity growth in India and the People's Republic of China (PRC). The paper uses secondary … change effect on labor productivity growth (LPG) than the high-income and middle-income regions. Second, the structural …
Persistent link: https://www.econbiz.de/10011723699
productivity growth slowdown. Motivated by these facts, we provide a model connecting international financial integration and … global productivity growth. The key feature is that the tradable sector is the engine of growth of the economy. Capital flows … cut back investment in innovation. Since innovation in the United States determines the evolution of the world …
Persistent link: https://www.econbiz.de/10012167488
High instability and low growth characterize the macroeconomic performance of most developing countries. Inadequate policies are often to blame. This paper documents the empirical regularities that characterize the relationship between macroeconomic-financial policies, instability, and growth...
Persistent link: https://www.econbiz.de/10012947088
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