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We estimate international technology spillovers to US manufacturing firms via imports and foreign direct investment … productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in US firms between 1987-96. In addition, there is some evidence for imports-related spillovers, but it is …
Persistent link: https://www.econbiz.de/10005661946
Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or … local in a large class of models. This Paper estimates the amount of spillovers from R&D expenditures in major … local, not global, as the benefits from foreign spillovers are declining with distance. I estimate that the distance at …
Persistent link: https://www.econbiz.de/10005124371
Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favour convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …
Persistent link: https://www.econbiz.de/10005497902
This paper considers how input market liberalization affects host country productivity spillovers from multinational … corporation (MNC) investments. The standard “Backward Linkage” measure used to estimate technology and learning spillovers to … domestic inputs, mean backward linkage productivity spillovers reduce in half when the share of locally sourced inputs is …
Persistent link: https://www.econbiz.de/10012898645
Innovation is an important driver for national growth and value in many small countries. Growth in such countries is necessarily associated with exports and other international business activities. Capital imports have always played an important role in the development of export in small and...
Persistent link: https://www.econbiz.de/10012770747
Empirical findings across many nations show that exporters have superior productivity compared to non-exporters and that this relationship is driven by productive firms becoming exporters. The conclusion drawn from these studies is that there is little learning from exporting. We, however,...
Persistent link: https://www.econbiz.de/10014061893
The current debates revolving around 5G, Huawei, and how they are resolved, are highly visible indicators of the technology based shifts in the global order which are setting the tone for the 21st century. Currently, it seems that many in the US and the PRC are using Cold War and Thucydides Trap...
Persistent link: https://www.econbiz.de/10014095376
The appreciation of the Australian dollar has been a concern as Australia has become less competitive compared to neighbouring countries. This paper investigates to what extent exchange rates could adversely affect Australia's inbound tourism and whether volatility in exchange rates could...
Persistent link: https://www.econbiz.de/10013128260
Decisions by arbitral tribunals in investment treaty cases do not have formal precedential status. Yet certain issues recur, and prior decisions at the least provide guidance to later tribunals. The content of the most frequently invoked substantive treaty provisions - the obligations to accord...
Persistent link: https://www.econbiz.de/10012722319