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This paper explores the economic relationship between foreign direct investment to developing countries and the export prices of the latter, measured by terms of trade. It is first shown that economic theory suggests such a relationship for various reasons but is inconclusive about the direction...
Persistent link: https://www.econbiz.de/10010286645
methods. The empirical results suggest that there is no reason to believe multinationals' activities were responsible for a …
Persistent link: https://www.econbiz.de/10010280218
developing country fosters this effect. -- Multinationals ; FDI ; Terms of Trade ; Prebisch-Singer hypothesis …
Persistent link: https://www.econbiz.de/10009261674
This paper explores the economic relationship between foreign direct investment to developing countries and the export prices of the latter, measured by terms of trade. It is first shown that economic theory suggests such a relationship for various reasons but is inconclusive about the direction...
Persistent link: https://www.econbiz.de/10013119843
methods. The empirical results suggest that there is no reason to believe multinationals' activities were responsible for a … structurally influencing terms of trade and thus provides fruitful directions for future research. -- terms of trade ; FDI … ; multinationals ; Prebisch Singer hypothesis …
Persistent link: https://www.econbiz.de/10008821942
In this paper, we address in more detail the question raised in Wacker (2011b): why does foreign direct investment (FDI … concerning the relationship of FDI and terms of trade in the development context. From here, we argue that South and East Asia … have largely pursued different world market integration strategies that have been fostered by different types of FDI: While …
Persistent link: https://www.econbiz.de/10010241542
The existing literature has highlighted the positive effect of foreign direct investment (FDI) on export upgrading and … associated terms of trade in developing economies. However, the FDI effect has been found to be negative in South Asia. In this … FDI and terms of trade. We argue that education levels in South Asia have lagged behind those in East Asia and other …
Persistent link: https://www.econbiz.de/10012995320
-oriented foreign direct investment (FDI). The effects of these policies on the external accounts have been largely ignored. This paper … endogenizes FDI inflows in a structuralist general equilibrium framework to contribute towards filling this gap. Our economy …. The analysis finds that, contrary to widely-shared perceptions, the short-run effects of FDI-friendly policies on the …
Persistent link: https://www.econbiz.de/10011527415
The economic, political and institutional ties between Latin America and China have become closer as the Chinese economy has grown. Indeed, as a result of its rapid economic growth, China now plays a systemic role in the world economy. However, since the global financial crisis, the Chinese...
Persistent link: https://www.econbiz.de/10012868722
technology transfer, technology transfer via licensing and foreign direct investment (FDI) on the North–South terms of trade and …. Licensing or FDI allows the North to further extract surplus from the South. However, we cast doubt on Kojima–Ozawa propositions … advantage and production efficiency, its welfare gain depends on how much it needs to pay to the North via licensing or FDI. In …
Persistent link: https://www.econbiz.de/10013053878