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This paper explores several theories regarding how China has become highly successful in capturing world export markets. The paper concludes that increased competitiveness is dependant on, but not limited to several factors discussed in detail including, exchange rate undervaluation, low wage...
Persistent link: https://www.econbiz.de/10014068190
In this letter I summarise the main results and contributions from my Ph.D. thesis on concentration of resources and economic development. The empirical analysis performed in the thesis, and summarised here, focuses on two mayor world trends in modern economic development, namely increasing...
Persistent link: https://www.econbiz.de/10011304117
This study examines the main driving forces affecting short- and long-term CO2 emissions pattern due to changes in growth and income inequality for 11 Mediterranean economies over the period 1990-2012. It proposes an autoregressive dynamic distributive lag dynamic panel specification to (i) test...
Persistent link: https://www.econbiz.de/10012259868
This is a survey and analysis - with commentary - of migration issues and the related development policies for the sending countries. "Migration and development" is considered an unsettled and unresolved area for good reason. The policy issues are surprisingly deep and run to basic issues such...
Persistent link: https://www.econbiz.de/10014071568
The explosion of multinational activities in recent decades is rapidly transforming the global landscape of industrial production. But are the emerging clusters of multinational production the rule or the exception? What drives the offshore agglomeration of multinational firms in comparison to...
Persistent link: https://www.econbiz.de/10013070459
and unskilled workers. Based on our findings, we argue that developing countries should improve their FDI environment to … attract FDI and upgrade the quality of unskilled labor by providing education and training, in order to reduce the wage gap. …
Persistent link: https://www.econbiz.de/10014574326
percentage of GDP, and infrastructure have positive and statistically significant impacts on FDI inflows in developing countries …. Trade openness as a percentage of GDP and infrastructure positively affect FDI in developed countries. From our analysis, we …This study investigates the impact of institutional quality on Foreign Direct Investment (FDI) inflows using panel data …
Persistent link: https://www.econbiz.de/10011972651
productivity growth - is observed for foreign direct investment (FDI) flows, which should be particularly sensitive to productivity … prospects. We look both at aggregate FDI flows and, using a new data set, at FDI flows into the main economic sectors. We make … three points. First, we do not find evidence of an allocation puzzle for aggregate FDI flows. Second, we refine the …
Persistent link: https://www.econbiz.de/10008758917
productivity growth - is observed for foreign direct investment (FDI) flows, which should be particularly sensitive to productivity … prospects. We look both at aggregate FDI flows and, using a new data set, at FDI flows into the main economic sectors. We make … three points. First, we do not find evidence of an allocation puzzle for aggregate FDI flows. Second, we refine the …
Persistent link: https://www.econbiz.de/10008759323
The gravity model has provided a tractable empirical framework to account for bilateral flows not only of manufactured goods, as in the case of merchandise trade, but also of financial flows. In particular, recent literature has emphasized the role of information costs in preventing larger...
Persistent link: https://www.econbiz.de/10009781901