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Diffusion of technology and convergence of income among countries
Oz, Sumru - 2014 - Preliminary version; April 9, 2014
mechanism of per capita income convergence among countries. This paper analyzes the per capita income convergence implications … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence … among countries grouped with respect to their mutual trade, this paper presents evidence that per capita income convergence …
Persistent link: https://www.econbiz.de/10010251655
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Long-Range Growth : Economic Development in the Global Network of Air Links
Campante, Filipe R. - 2016
We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of...
Persistent link: https://www.econbiz.de/10012978375
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Capital dynamics, global value chains, competitiveness and barriers to FDI and capital accumulation in the EU
Adarov, Amat; Stehrer, Robert - 2020
The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct investment using panel data techniques. Among other results, we confirm the high importance of tangible and intangible ICT capital for productivity and GVC integration. We examine...
Persistent link: https://www.econbiz.de/10012232879
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Long-Range Growth : Economic Development in the Global Network of Air Links
Campante, Filipe R. - 2016
We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of...
Persistent link: https://www.econbiz.de/10012982869
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International specialization and the return to capital
Batista, Cátia; Potin, Jacques - 2010
How does factor accumulation affect the pattern of international specialization and returns to capital? We provide a new integrated treatment to this question using a panel of 44 developing and developed countries over the period 1976-2000. We confirm the Heckscher-Ohlin prediction that, with...
Persistent link: https://www.econbiz.de/10010271800
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Trade restrictions and economic development : a study of the effectiveness of trade barriers
Monadjemi, Mehdi S.; Lodewijks, John Kees - In: Expert journal of economics 8 (2020) 1, pp. 18-23
Countries pass through different stages of structural transformation. In the early stage of development, economic activity is dominated by agriculture and mining. As a country develops, firms adopt new technology and move toward industrialization and faster economic growth. Eventually, the...
Persistent link: https://www.econbiz.de/10012199154
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The vanishing effect of finance on growth
Gründler, Klaus - 2015
This paper investigates the causes of the "vanishing effect of finance" detected in recent studies. The results highlight that the negative effect of the financial system on growth is mainly driven by advanced economies, whereas finance is still beneficial for income increases in developing...
Persistent link: https://www.econbiz.de/10011391918
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Capital control measures : a new dataset
Fernández, Andrés; Klein, Michael W.; Rebucci, Alessandro - 2015
This paper presents and describes a new dataset of capital control restrictions on both inflows and outflows of 10 categories of assets for 100 countries over the period 1995 to 2013. Building on the data first presented in Schindler (2009) and other datasets based on the analysis of the IMF's...
Persistent link: https://www.econbiz.de/10011290056
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Financial globalisation and financial development in Africa : assessing marginal, threshold and net effects
Asongu, Simplice A.; Moor, Lieven de - 2015
The present inquiry contributes to extant literature by simultaneously accounting for variations in financial development and financial globalisation in the assessment of hypothetical initial financial development conditions for the rewards of financial globalisation. The policy relevance for...
Persistent link: https://www.econbiz.de/10011407925
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Financial globalisation dynamic thresholds for financial development : evidence from Africa
Asongua, Simplice A.; Moor, Lieven de - 2015
Purpose - We investigate if financial development benefits from financial globalisation are questionable until certain thresholds of financial globalisation are attained. Design/methodology/approach - Financial globalisation is proxied with Net Foreign Direct Investment Inflows as a percentage...
Persistent link: https://www.econbiz.de/10011407934