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This paper quantifies the welfare impact of unilateral trade liberalization and computes the optimal tariff structure for Costa Rica in the presence of trade-policy-induced international capital flows and foreign capital taxation. For this, an applied general equilibrium model integrating trade,...
Persistent link: https://www.econbiz.de/10014192531
of foreign direct investment (FDI), considering that the latter is an international technology diffusion channel …. Although FDI appears to be an important channel in the diffusion of technology models theoretically, empirical evidence related … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence …
Persistent link: https://www.econbiz.de/10010251655
This paper constructs a model to examine the impact of foreign firms on a developing Country's own accumulation of entrepreneurial knowledge. In the model, entrepreneurial skills are built up on the basis of productive ideas that diffuse internally (at the inside of firms) and externally...
Persistent link: https://www.econbiz.de/10013098299
Standard theoretical arguments tell us that countries with relatively little capital benefit from financial integration as foreign capital flows in and speeds up the process of income convergence. We show in a calibrated neoclassical model that conventionally measured welfare gains from this...
Persistent link: https://www.econbiz.de/10012783191
We examine whether an increase in foreign direct investment (FDI) flows necessarily increases international technology … transfer (ITT). The answer to this question depends on whether FDI is the sole channel of ITT or whether other channels of ITT … such as imitation are present for the host country. A faster flow of FDI to the South increases the rates of innovation …
Persistent link: https://www.econbiz.de/10014204586
investment (FDI) to address the concerns of developing nations that stronger intellectual property rights (IPR) protection would … relative to FDI. Stronger IPR protection displaces FDI due to aggravated resource scarcity in the South. Reduced FDI transmits …
Persistent link: https://www.econbiz.de/10014062629
The purpose of this research is to estimate the dynamic impacts of foreign direct investments (FDI) and exports on … assumptions, we find that the change in exports does not affect GDP, and the effect of FDI on GDP can be positive or negative … (% of GDP), exports of goods and services (% of GDP), and GDP growth rate (%). FDI and exports constitute first …
Persistent link: https://www.econbiz.de/10013499178
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