Showing 1 - 10 of 2,659
The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the specific channels through which high debt affects...
Persistent link: https://www.econbiz.de/10012778208
Recent evidence from developing and emerging economies shows a negative correlation between growth and net capital inflows, a contradiction to neoclassical growth theory. I provide updated and disaggregated evidence on the origins of this puzzle. An analysis of the components of capital flows...
Persistent link: https://www.econbiz.de/10011295656
This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and … effect of FDI on TFP and economic growth dynamics. The geographical and temporal scopes are respectively 25 Sub … Method of Moments. The following main findings are established. First, FDI has a positive effect on GDP growth, GDP per …
Persistent link: https://www.econbiz.de/10012798944
investment (FDI) on cross-country differences in productivity. We construct a spatial Gini coefficient of labor productivity … across countries, and weighted indices of FDI and gross domestic investment (GDI). We then examine their time series … properties to explore the relations of FDI and GDI with productivity. Although we find little evidence of FDI flows - which have …
Persistent link: https://www.econbiz.de/10012723175
. The results of our multivariate time series analysis also suggest that FDI increases productivity differences among low … of trade appears to be important for attracting FDI to middle income countries. Furthermore, a reduction in productivity … differences and a higher FDI growth lead to higher growth of trade in developed countries …
Persistent link: https://www.econbiz.de/10014153895
This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and … effect of FDI on TFP and economic growth dynamics. The geographical and temporal scopes are respectively 25 Sub … Method of Moments. The following main findings are established. First, FDI has a positive effect on GDP growth, GDP per …
Persistent link: https://www.econbiz.de/10013311097
This paper investigates the impact of foreign direct investment (FDI) on economic growth in a sample of 10 ex …-socialist European and Asian countries. While the link between FDI and economic growth has been extensively investigated in empirical … literature, this paper contributes to this literature by econometrically investigating the effects of FDI inflows in specific …
Persistent link: https://www.econbiz.de/10014246483
Foreign direct investment (FDI) projects are assumed to be accompanied by potential external effects - so-called FDI …-level panel data from ten Latin American (developing) countries in order to estimate the spillover effects from FDI on firms … a tendency that the presence of FDI in a sector (region) has a negative (positive) impact. …
Persistent link: https://www.econbiz.de/10011947819
Foreign direct investment (FDI) projects are assumed to be accompanied by potential external effects – so-called FDI …-level panel data from ten Latin American (developing) countries in order to estimate the spillover effects from FDI on firms … a tendency that the presence of FDI in a sector (region) has a negative (positive) impact …
Persistent link: https://www.econbiz.de/10013086728
This paper estimates potential output and the sources of growth in Chile during 1970-96. Actual output is cointegrated with the quality-adjusted measures of capital and labor, and constant returns to scale cannot be rejected. The estimates of potential output show a positive output gap in the...
Persistent link: https://www.econbiz.de/10012782207