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Brexit became an important subject not only for academics but also for international institutions, research centers and consultancy companies, think tanks and independent experts. The aim of this article is to: (1) provide a general approach of the literature; (2) see how the effects of Brexit...
Persistent link: https://www.econbiz.de/10012505368
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … FDI not only contribute to physical capital accumulation, but also generate positive technological spillovers. The policy …
Persistent link: https://www.econbiz.de/10013113327
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10013125437
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country’s economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10014177258
Starting from the perspective of heterodox Keynesian-Minskyian-Kindlebergian financial economics, this paper begins by highlighting a number of mechanisms that contributed to the current financial crisis. These include excess liquidity, income polarisation, conflicts between financial and...
Persistent link: https://www.econbiz.de/10013152279
Using a panel data set covering 139 countries over the 1970-2009 period, we empirically investigate the role of foreign direct investment on growth through diffusion of technology and innovation. Using an otherwise standard growth regression and regressions on productivity growth, we introduce a...
Persistent link: https://www.econbiz.de/10013080764
The relationship between financial development and poverty is one that has not been extensively explored in the … infant mortality as a proxy indicator of poverty, the results show that the relationship between financial development and … poverty. The result is important since it already controls for the effect that economic growth has on poverty reduction, given …
Persistent link: https://www.econbiz.de/10014164976
This paper investigates the effect of firm-level investment on the levels of income inequality and poverty. Using a …-level investment is also negatively related to several measures of poverty. Overall, our results indicate that firm-level capital … reducing inequality and poverty. Our results may also be beneficial to policy makers as they consider a variety of regulatory …
Persistent link: https://www.econbiz.de/10013433227
investment (FDI) on cross-country differences in productivity. We construct a spatial Gini coefficient of labor productivity … across countries, and weighted indices of FDI and gross domestic investment (GDI). We then examine their time series … properties to explore the relations of FDI and GDI with productivity. Although we find little evidence of FDI flows - which have …
Persistent link: https://www.econbiz.de/10012723175
. The results of our multivariate time series analysis also suggest that FDI increases productivity differences among low … of trade appears to be important for attracting FDI to middle income countries. Furthermore, a reduction in productivity … differences and a higher FDI growth lead to higher growth of trade in developed countries …
Persistent link: https://www.econbiz.de/10014153895