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the use of neoclassical theory as the underpinning for the empirical implementations. It is often assumed that factor … theory. In this paper, we (1) review two examples of estimation of the rate of technical progress, and (2) discuss one … transitional and a developing economy. -- China ; Identity ; Investment ; Neoclassical Model ; Total Factor Productivity Growth …
Persistent link: https://www.econbiz.de/10008759406
the use of neoclassical theory as the underpinning for the empirical implementations. It is often assumed that factor … theory. In this paper, we (1) review two examples of estimation of the rate of technical progress, and (2) discuss one …
Persistent link: https://www.econbiz.de/10013135132
Multinational corporations increasingly use royalty payments for intellectual property rights to shift profits globally. This threatens not only the tax base of countries worldwide, it also affects the nature of competition for foreign direct investment (FDI). Against this background, our...
Persistent link: https://www.econbiz.de/10012823537
An integral part of global current account imbalances is the large and persistent current account surplus developing Asia has run since the 1997-1998 Asian crisis. A country's current account surplus is, by definition, equal to its net saving. The central objective of this paper is to...
Persistent link: https://www.econbiz.de/10003832264
) nevertheless, the standard advice of international bodies to developing countries continues to be limited to: more savings and more …
Persistent link: https://www.econbiz.de/10014074770
We compare foreign direct investment (FDI) and technology licensing as two modes of entry into a foreign market. While direct entry via FDI dissipates rents in the host country, opportunistic competition from a licensee may erode rents in the entrant's other markets. Since FDI increases...
Persistent link: https://www.econbiz.de/10014079957
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