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predictions of the theoretical literature on endogenous growth. This literature postulates that total factor productivity (TFP) is … guiding technology selection are likely to have a negative effect on growth, because they force producers either to choose …
Persistent link: https://www.econbiz.de/10014155756
This paper examines the implications of global production sharing for economic integration in East Asia, with emphasis on the behavior of trade flows in the wake of the 2008 global economic crisis. While trade in parts and components and final assembly within production networks ("network...
Persistent link: https://www.econbiz.de/10011283433
Persistent link: https://www.econbiz.de/10012504648
quantitative finding is that a reduction in trade costs triggers much larger responses in growth rates and exit rates, for young …
Persistent link: https://www.econbiz.de/10011757771
This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for sitations with outward knowledge spillovers. Within this framework Samuelson's "Act II" effects may occur....
Persistent link: https://www.econbiz.de/10003758086
This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for situations with outward knowledge spillovers. Within this framework Samuelson's Act II effects may occur....
Persistent link: https://www.econbiz.de/10014205493
What is the relationship between foreign manufacturing multinational corporations (MNCs) and the expansion of indigenous technological and managerial technological capabilities among Chinese firms? China has been remarkably successful in designing industrial policies, joint venture requirements,...
Persistent link: https://www.econbiz.de/10013126061
overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional … control variables are introduced in the model. Therefore, this study examines the role of trade and investment in the growth …
Persistent link: https://www.econbiz.de/10012023952
We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which is originally situated in only one of the two countries, first decide whether to build a plant in the foreign country. Then, they decide whether to relocate R&D activities. Finally, they engage in...
Persistent link: https://www.econbiz.de/10003354423
Persistent link: https://www.econbiz.de/10009546000