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expected technical change, the higher the firms's investment rate and the lower the households' savings rate, remaining …
Persistent link: https://www.econbiz.de/10012864372
Persistent link: https://www.econbiz.de/10013369222
The literature has mainly focused on analyzing the relationship of remittances with economic growth and social welfare, neglecting more complex aspects where remittances can have relevant implications. To contribute to the literature, the objective of this research is to examine the dynamic...
Persistent link: https://www.econbiz.de/10014635990
Foreign Direct Investment (FDI) has surged in Latin America (LA) since the mid 1990s. European and North American FDI …
Persistent link: https://www.econbiz.de/10012723831
scarcity of saving in LATAM, thereby increasing investment and growth. Yet, the data and several case studies suggest that the … saving and investment rates tends to be a time consuming process. This also suggests that greater political instability and … polarization would induce consumers to be more cautious in increasing their saving and investment rates following a reform. Hence …
Persistent link: https://www.econbiz.de/10014067049
across panels. Our analysis documented that the impact on growth is driven through capital formation, foreign investment and … trade openness and foreign investment is positive, indicating that relatively closed countries stand to benefit most from …
Persistent link: https://www.econbiz.de/10013067627
The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis … excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …
Persistent link: https://www.econbiz.de/10012778208
The relationship between foreign direct investment and domestic investment is intriguing. An important question arises … - does foreign direct investment crowd in or crowd out domestic investment? This paper examines this nexus in the post-1991 … investment and domestic investment was analysed using cointegration test. Thereafter, the vector error correction model was …
Persistent link: https://www.econbiz.de/10013212101
that foreign reserve accumulation is part and parcel of a growth strategy based on strong capital investment in a …
Persistent link: https://www.econbiz.de/10013076609
Based on a dynamic open-economy macroeconomic model, this paper analyzes the motive for foreign reserve accumulation in fast-growing emerging economies. The demand for foreign reserves stems from the interaction between productivity growth and underdevelopment of the domestic financial market....
Persistent link: https://www.econbiz.de/10012954174