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This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main...
Persistent link: https://www.econbiz.de/10005263716
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
This paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major oil-exporting developing countries, and investigates reasons for systematic differences in the non-oil export performance across these economies. The analysis reveals that...
Persistent link: https://www.econbiz.de/10005826047
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of volumes and composition. China's inflows have generally been dominated by foreign direct investment (FDI), a pattern … attributable to non-FDI capital inflows, rather than current account surpluses or FDI. …
Persistent link: https://www.econbiz.de/10005263846
and FDI could improve productivity and export performance. …
Persistent link: https://www.econbiz.de/10005605063
We develop a simple information-based model of FDI flows. On the one hand, the abundance of "intangible" capital in … countries, enhances FDI flows. On the other hand, host-country corporate-transparency diminishes the value of this expertise …, thereby reducing the flow of FDI. Empirical evidence (from a sample of 9 source countries and 13 host countries over the 1980s …
Persistent link: https://www.econbiz.de/10005605303
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