Showing 1 - 10 of 29
This paper examines whether a country’s economic reforms are affected by reforms adopted by other countries. A simple model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are more likely when factors of production are...
Persistent link: https://www.econbiz.de/10009441826
The relationship between economic freedom and economic growth has always been frequently discussed in the economic literature. Economic freedom is often believed to enhance economic growth, which in turn creates more economic freedom. The first part of this paper studies the transition process...
Persistent link: https://www.econbiz.de/10009466950
Many developing countries are actively seeking Foreign Direct Investment (FDI) because it they enjoy the transfer of … risk. Knowing this, what forms of governance will help a country attract FDI by lowering its political risk? Will being a … impact of the governance structures on the total investment in a country, the FDI inflows as a percentage of GDP, the net FDI …
Persistent link: https://www.econbiz.de/10009438695
-run relationships among foreign direct investment (FDI), economic growth, and the environment in China and India. The results show that … FDI inflow plays a pivotal role in determining the short- and long-run movement of economic growth through capital … accumulation and technical spillovers in the two countries. However, FDI inflow in both countries is found to have a detrimental …
Persistent link: https://www.econbiz.de/10009443236
order to test the effect of domestic factors (wages and output) and international factors (exports, imports, and FDI) on … employment is completely de-linked from output. An impressive speed of integration to the European economic sphere through FDI … positive effects, insignificant effects of trade and FDI dominate the findings with some evidence of negative effects as well. …
Persistent link: https://www.econbiz.de/10009467883
are measured by the effects of international trade and FDI intensity of the economy. On the other hand, the process of … the manufacturing wage share in Turkey and Mexico, but no significant effect in Korea. The positive expectations from FDI …
Persistent link: https://www.econbiz.de/10009467894
The fact that China is the second largest recipient of FDI in the world has been heralded by economists and government … on FDI from ethnically Chinese economies (ECEs), which has financed China's labor-intensive industries and its export … growth. First, the paper shows that the conventional wisdom about why China attracts so much labor-intensive FDI is flawed …
Persistent link: https://www.econbiz.de/10009476673
of 3 equations where economic growth, economic reform and FDI are jointly determined. We find that new reforms affect … economic growth negatively but attract FDI, whereas the level of past reform leads to higher growth. This means that the … immediate adjustment cost of new reforms is counterbalanced by an immediate increase in FDI inflows and higher growth in the …
Persistent link: https://www.econbiz.de/10009476841
observed level of foreign direct investment (FDI) flows is kept in the medium run almost all countries could optimally have a … Romania. Accordingly, the maintenance of relatively large FDI inflows (especially greenfield investments) to national …
Persistent link: https://www.econbiz.de/10009476883
existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country … hypothesis that spillovers are greater for FDI with more advanced technology. While efficiency of domestic firms’is affected by … the business environment, the strength of FDI spillovers is not, either when measured by the degree of corruption …
Persistent link: https://www.econbiz.de/10009476908