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Using a panel data set covering 139 countries over the 1970-2009 period, we empirically investigate the role of foreign direct investment on growth through diffusion of technology and innovation. Using an otherwise standard growth regression and regressions on productivity growth, we introduce a...
Persistent link: https://www.econbiz.de/10013080764
Economic performance increasingly relies on global economic environment due to the growing importance of international trade and financial links among countries. Literature on growth spillovers shows various gains obtained by this interaction. In this context, this work aims to analyze the...
Persistent link: https://www.econbiz.de/10012936156
This paper examines the impacts of globalization on small countries, covering the main features of globalization, the quality of national economic and commercial environment, main characteristics of small countries including important facts and concrete indicators for their development, and...
Persistent link: https://www.econbiz.de/10010296788
the related FDI flows from them to the NMS. Thereby we identify various effects of relocation and globalisation on the EU …
Persistent link: https://www.econbiz.de/10010273001
While globalization is viewed as a key to future economic development, it is also argued that it increases poverty, threatens employment and living standards of the poor. Like many other developing countries, Pakistan also attempted to integrate its economy in the global economy through...
Persistent link: https://www.econbiz.de/10010279208
By globalization we mean an external shock; specifically an increased world demand for various goods (or bads) including the products and services which are illegal. We analyse the effects of these shocks on growth and capital stocks by utilizing two different models. The first examines an...
Persistent link: https://www.econbiz.de/10010279211
This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits during 1966-2005, and report the results of a simulation...
Persistent link: https://www.econbiz.de/10010285339
the related FDI flows from them to the NMS. Thereby we identify various effects of relocation and globalisation on the EU …
Persistent link: https://www.econbiz.de/10003763045
This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits during 1966-2005, and report the results of a simulation...
Persistent link: https://www.econbiz.de/10003855335
internationalization is measured by macroeconomic aggregates, particularly by foreign direct investment (FDI) and international trade. The … focus is on the association between FDI and economic growth.The research literature argues on an existing linkage between … internationalization of economies through international trade and FDI flows, and economic growth. The integration and accession of the NMS …
Persistent link: https://www.econbiz.de/10013085306