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This paper examines empirically whether and how regional integration leads to convergence and growth amongst developing …
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advanced economies. Various development policies have been pursued to achieve this convergence. We test for this convergence in … development has resulted in convergence of domestic firms to the world standard. © 2012 The President and Fellows of Harvard …
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This paper investigates the impact of foreign aid and foreign direct investment on the long-run income per capita and short-run income growth of Lao PDR. We formulate a modification of Solow model; then we employ a cointegration technique to carry out the long-run relationship, and employ an...
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convergence process, the competitiveness and the policies regarding the demography, the employment and labour market. In this … paper I analyse the process of economic convergence of Central and East European countries (CEECs), before joining EU … the formers have been more successful in their convergence process before joining EU. …
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Using a panel dataset 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...
Persistent link: https://www.econbiz.de/10010709327
Although there is a large body of literature examining the negative effects of the global financial crisis on transition economies, the global financial bubble that preceded the crisis had a large positive impact on the productive capacity of these countries, both by increasing the pace of...
Persistent link: https://www.econbiz.de/10010604183