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The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … FDI not only contribute to physical capital accumulation, but also generate positive technological spillovers. The policy …
Persistent link: https://www.econbiz.de/10013113327
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10013125437
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country’s economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10014177258
The aim of this study is to examine the effect of FDI on employment in ECOWAS sub region between 1990 and 2019. The … and employment across ECOWAS sub region. In the short run, the impact of FDI on employment is negative and statistically … not significant. Meanwhile, in the long run FDI has a positive and statistically significant impact on employment rate …
Persistent link: https://www.econbiz.de/10014282053
performances of the Macedonian economy. On the other hand, the FDI impact over employment is negative mainly due to the low level …This paper elaborates the economic impacts of the foreign direct investments (FDI) on the case of Macedonian economy …. Most developing countries consider FDI a vital source for their development. Anyway, it is quite difficult to measure the …
Persistent link: https://www.econbiz.de/10011623317
Using long time series for sovereign bond markets of fifteen industrialized economies from 1875 to 2009, I find that financial market integration by the end of the 20th century was higher than in earlier periods and exhibited a J-shaped trend with a trough in the 1920s. The main reason for the...
Persistent link: https://www.econbiz.de/10011382994
I analyze output growth, volatility, and skewness as the joint outcomes of financial openness. Using an industry panel of 53 countries over 45 years, I find that financial openness increases simultaneously mean growth and the negative skewness of the growth process. The increase in output...
Persistent link: https://www.econbiz.de/10009354652
I analyze output growth, volatility, and skewness as the joint outcomes of financial openness. Using an industry panel of 53 countries over 45 years, I find that financial openness increases simultaneously mean growth and the negative skewness of the growth process. The increase in output...
Persistent link: https://www.econbiz.de/10013315990
According to theory, financial openness (FO) increases growth. The literature often conditions the growth effect of FO on favorable collateral environment. However, this can conceal the actual growth benefits of FO. This paper contributes to the literature by investigating the unconditional...
Persistent link: https://www.econbiz.de/10014307771
In this paper we examined the impact of the liberalization of financial sector on growth in small open economy of Ghana using time series data from 1970 to 2007. Using autoregressive distributed lag (ARDL) modelling approach we find long-run positive and significant impact of financial...
Persistent link: https://www.econbiz.de/10014210241