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Financial development, globalization, and structural transformation in developing countries
Avoumatsodo, Komla - 2023
Rodrik (2016) pointed out that late industrializing countries are experiencing a lower peak at lower income levels in the manufacturing employment share hump-shaped path. The present study develops a theoretical model to analyze the dynamics of industrialization and deindustrialization in...
Persistent link: https://www.econbiz.de/10014333588
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Emerging Market Multinationals and Spillovers to Home Country Local Firms
Prasad, Shayal; Zamborsky, Peter - 2022
Emerging markets have long been the recipient of foreign direct investment (FDI) from the world’s more advanced countries. They have used this to their advantage and actively attracted inward FDI as part of their growth and development strategies. However, emerging markets have since spurred...
Persistent link: https://www.econbiz.de/10013309473
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Structural change and innovation in developing economies : a way out of the middle income trap?
Vivarelli, Marco - 2015
This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...
Persistent link: https://www.econbiz.de/10010509097
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New Technologies, Global Value Chains, and the Developing Economies
Rodrik, Dani - 2019
Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...
Persistent link: https://www.econbiz.de/10012892047
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Globalization, infrastructure, and inclusive growth
Winters, Leonard Alan - 2014
international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and … infrastructure make it easier for people to exchange goods and services and to increase income by allowing specialization, economies … constitutes a challenge. However, the answer should not be to eschew opening up the economy or building infrastructure, but to do …
Persistent link: https://www.econbiz.de/10010245334
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Globalization, Infrastructure, and Inclusive Growth
Winters, L. Alan - 2014
international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and … infrastructure make it easier for people to exchange goods and services and to increase income by allowing specialization, economies … constitutes a challenge. However, the answer should not be to eschew opening up the economy or building infrastructure, but to do …
Persistent link: https://www.econbiz.de/10013058263
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Emerging Market Multinationals and Spillovers to Home Country Local Firms
Prasad, Shayal; Zamborsky, Peter - 2021
Emerging markets have long been the recipient of foreign direct investment (FDI) from the world’s more advanced countries. They have used this to their advantage and actively attracted inward FDI as part of their growth and development strategies. However, emerging markets have since spurred...
Persistent link: https://www.econbiz.de/10013312538
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Globalization and equality : a cross-country analysis
Urata, Shūjirō; Baek, Youngmin - 2024
Using a cross-sectional dataset of 13 manufacturing sectors in 27 Asian developing countries from 2008 to 2022, we investigated the impact of the presence of foreign firms on wages of workers from domestic firms. First, we found that the average wage of workers from foreign firms is higher than...
Persistent link: https://www.econbiz.de/10014574326
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Technology spillovers embodied in international trade : intertemporal, regional and sectoral effects in a global CGE
De Cian, Enrica; Parrado, Ramiro - 2012
This paper uses a dynamic CGE model to assess the intertemporal and spatial dimension of technology spillovers embodied in international trade within a climate and trade policy framework. Three are the main contributions of the study. First, to include endogenous factor-biased technical change...
Persistent link: https://www.econbiz.de/10009535974
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Technology Spillovers Embodied in International Trade : Intertemporal, Regional and Sectoral Effects in a Global CGE Framework
De Cian, Enrica; Parrado, Ramiro - 2014
This paper uses a dynamic CGE model to assess the intertemporal and spatial dimension of technology spillovers embodied in international trade within a climate and trade policy framework. Three are the main contributions of the study. First, to include endogenous factor-biased technical change...
Persistent link: https://www.econbiz.de/10014169049