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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
This study relates foreign direct investment (FDI) to economic growth, institutional quality and manufacturing value added, using panel data techniques that allow for parameter heterogeneity and non-stationarity. The results confirm that economic growth, institutional quality, and natural...
Persistent link: https://www.econbiz.de/10012608484
zones in their respective legal and institutional frameworks in the 2000s as mechanisms for catalysing industrialization and … employment creation by means of domestic and foreign investments. Using a case-study approach, we find that special economic … zones in the Eastern Cape, South Africa, are largely latent drivers of growth and employment hampered by inadequate …
Persistent link: https://www.econbiz.de/10012320977
variables like inward FDI, per capita Gross Domestic Product (GDP), employment, capital formation, and exports for the period … relationship with GDP and the exports. Whereas, FDI has insignificant relationship with the employment and capital formation. The …
Persistent link: https://www.econbiz.de/10013205977
changes in these countries' sectoral export shares during 1970-2010. We build a multisector Ricardian trade model which allows …
Persistent link: https://www.econbiz.de/10012843384
This paper examines empirically whether Aid for Trade (AfT) programmes and Foreign Direct Investment (FDI) inflows …
Persistent link: https://www.econbiz.de/10011406550
The notion of ‘shared growth’ was introduced by the World Bank in recognition of East Asia’s rapid growth accompanied by poverty reduction. It emphasizes the criticality of pro-poor policies and institutional setups in the fast-developing East Asian economies. The efforts of these...
Persistent link: https://www.econbiz.de/10010284765
This paper reviews different literature strands and performs an empirical test to evaluate how capital ownership, particularly its nationality, might affect long-run economic develop- ment. Our results indicate that low and middle-income countries with larger foreign capital stock in 1980 had...
Persistent link: https://www.econbiz.de/10014229769
This study strives to evaluate the effects of infrastructure availability and development on foreign direct investment (FDI) in host developing nations. Employing fixed effects panel estimation technique, panel data for 23 Asian developing countries, from 1990-2009 is used with...
Persistent link: https://www.econbiz.de/10012862764
decision of foreign direct investors. Moreover, infrastructure availability, market size, trade liberalisation and economic … results show that better infrastructure, liberalised investment and trade regimes have significant effects on FDI inflows to …
Persistent link: https://www.econbiz.de/10012960372