puzzle. An analysis of the components of capital flows and of gross portfolio positions shows that foreign direct investment … is directed towards countries with the highest growth rates, but that portfolio investment outflows exceed these inflows …

: 1) globalization is a process of continuing integration of the countries of the world that is beneficial, inevitable and … irreversible. No any country can afford to remain isolated from the world economy. 2) some of small countries might have higher …

This study assesses the simultaneous openness hypothesis that trade modulates foreign direct investment (FDI) to induce … positive net effects on total factor productivity (TFP) dynamics. Twenty-five countries in Sub-Saharan Africa and data for the …

The paper studies the drivers of productivity at country and sectoral levels over the period 2000-2017 with the focus … intangible digital capital for productivity growth, particularly in the manufacturing sectors. While backward global value chain … participation and EU integration are also found to be instrumental for accelerating productivity growth, the impact of inward …

This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and …

productivity growth in Central and Eastern European Countries (CEECs) in the period 1995-2007. Using industry-level data and …-run productivity growth. Industries of higher-end technology intensity have experienced substantially higher productivity growth and so …

equilibria, and different kinds of capital flows may push investment in one direction or the other for sustained periods of time. …

provincial total factor productivity growth over 1984-2010. We observe that provinces that caught up relatively to national TFP … in Gourinchas and Jeanne (2013) to compute regional investment and saving wedges. By relating those frictions with TFP … catch-up parameters, we find an investment and a saving puzzle: regions that caught up relative to the rest of China seem to …