today and will concern them in the future - all over the world, poor or rich. Traditionally, questions about allocative …-multinational” technology transfer of Spanish firms that were acquired by foreign companies and the second analysing productivity growth rate …

inward FDI contributes to economic volatility in the host country. In this paper, we investigate the FDI-output growth … volatility nexus focusing on manufacturing sectors of OECD countries over the period 1990 to 2015. We document a positive and … statistically significant relationship between inward FDI stock and sectoral output volatility. We also show that the impact of …

theory of development consistent with these three facts. I show that even when total factor productivity (TFP) growth and …Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow … volatility are the same in manufacturing and services at the gross output level, the larger intensity of intermediate goods in …

things equal. Increased participation in higher education enhances productivity progress and is accompanied by rising wage … thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …