Showing 1 - 10 of 5,905
This paper compares two alternative growth paths, assessing the effects on productivity of specialisation in natural resources (NR) and in technologically advanced products. The empirical analysis exploits product-level export data for 109 developing and 51 developed economies over the period...
Persistent link: https://www.econbiz.de/10013175560
The study provides new evidence on the effect of financial openness on FDI inflows in Nigeria using data that span the … significantly related to FDI inflows, but its interaction with political regime is positive and significant. This suggests that the … effect of liberalization of capital accounts on FDI inflows is regime-dependent: the more democratic the government is, the …
Persistent link: https://www.econbiz.de/10012833162
We examine the determinants of FDI stocks of 'old' EU-members in ten accession countries. Our partial adjustment … labour costs, we find institutional development to be a robust determinant of equilibrium FDI stocks. The adjustment towards … equilibrium is rapid. The relationship between FDI and the privatization process is complex. Non-direct privatization schemes …
Persistent link: https://www.econbiz.de/10012733579
Since the early 1980s, China has adopted favorable economic policies to attract FDI to facilitate technology … development. Since inward FDI induces either sector or factor biased technical progress, the impact of FDI on income distribution … impact of FDI on the return to skill and concludes that, for a labor abundant country, this impact depends on whether the FDI …
Persistent link: https://www.econbiz.de/10014125339
The sustainability of the Nigerian fiscal deficit along with the role of the dynamics of government revenues and spending in adjusting the size of the deficit is examined using annual data from 1961 to 2014. After allowing for structural breaks, the study finds evidence of a cointegration...
Persistent link: https://www.econbiz.de/10011487675
The purpose of sustainable development is to minimize the likelihood of dynamic natural and/or man-made systems to exceed tipping points, when exposed to disturbances. In effect, the systems are protected from losing identity and integrity. The authors of this paper suggest accepting resilience...
Persistent link: https://www.econbiz.de/10013029403
This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and … effect of FDI on TFP and economic growth dynamics. The geographical and temporal scopes are respectively 25 Sub … Method of Moments. The following main findings are established. First, FDI has a positive effect on GDP growth, GDP per …
Persistent link: https://www.econbiz.de/10012798944
affected by the flows of FDI, GDP per capita, Capital formulation and House hold consumption. The results have profound …
Persistent link: https://www.econbiz.de/10012933942
Using the threshold regression model, we examine the effects of Foreign Direct Investment (FDI), and the mediating role … of FDI absorptive capacity, on economic growth in Sub-Saharan Africa. We find that the threshold level of FDI inflows per … person is approximately US$ 44.67 per annum. For FDI to have an appreciable impact on economic growth, countries must have …
Persistent link: https://www.econbiz.de/10013292522
This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and … effect of FDI on TFP and economic growth dynamics. The geographical and temporal scopes are respectively 25 Sub … Method of Moments. The following main findings are established. First, FDI has a positive effect on GDP growth, GDP per …
Persistent link: https://www.econbiz.de/10013311097