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We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels …
Persistent link: https://www.econbiz.de/10010479372
This paper analyzes the causal relationships between exports, FDI and economic growth among the ASEAN5 countries. We … have used a three-stage procedure based on unit root, co-integration and causality tests applied to the panel data from …, while there is a unidirectional causal relationship from FDI to exports in the short run. Our results also confirm that the …
Persistent link: https://www.econbiz.de/10013003215
growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness …, more openness, exports and imports lead to increased economic growth. This implies that a significant proportion of … economic growth in Uganda has been due to short-run increase in the country's openness, more exports and imports. This paper …
Persistent link: https://www.econbiz.de/10013184444
This paper examines policy measures that foster the creation of innovations with high inherent potential and that simultaneously provide the right incentives for individuals to create and expand firms that disseminate such innovations in the form of highly valued products. In so doing, we...
Persistent link: https://www.econbiz.de/10010472522
Traditional sources of growth studies generally assume that the nature of technological progress is Hicks-neutral. However, the nature of technological progress compatible with steady state conditions is Harrod-neutral rather than Hicks-neutral. This study thus investigates sources of growth for...
Persistent link: https://www.econbiz.de/10012989181
Panel data is used to investigate the extent of R&D spillovers between OECD countries, and the importance of barriers …
Persistent link: https://www.econbiz.de/10009731157
Persistent link: https://www.econbiz.de/10003486152
Structural transformation depends not only on how much countries export but also on what they export and with whom they … trade. This paper breaks new ground in analyzing India's exports by the technological content, quality, sophistication, and … complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the …
Persistent link: https://www.econbiz.de/10013019027
I study the effects of uncertainty on technology adoption and thereby on volatility and growth. I present an analytically-tractable model in which: (i) uncertainty about the returns to adoption delays technology diffusion; and (ii) the mean and volatility of output growth are jointly determined...
Persistent link: https://www.econbiz.de/10012967954
countries. For all countries, only 3 percent of average output growth per worker is associated with TFP growth. This world …
Persistent link: https://www.econbiz.de/10014048894