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It is often claimed that what is popularly known as the "flying geese paradigm" of dynamic comparative advantage has accurately depicted the East Asian catching-up process. This paper presents a critical study of the paradigm, as well as its application to the current situation in East Asia...
Persistent link: https://www.econbiz.de/10008543780
This paper argues that foreign direct investment (FDI) can make a very important contribution to development. The nature and level of benefits for developing countries and transition economies from FDI has become a much more controversial topic. While the accelerated growth of surging Asian...
Persistent link: https://www.econbiz.de/10004985552
The paper verifies the existence of the Flying Geese Model (FGM) in the case of inward FDI in Central European Countries (CECs) which entered the EU, in what way and to what extent FDI has contributed to the catching up, i.e. to the restructuring process and productivity growth in CECs...
Persistent link: https://www.econbiz.de/10005168407
This paper presents new micro-level data consisting of individual greenfield investment projects and mergers and acquisitions as a source for detailed analysis of services sector cross-border investment flows among the Asian Development Bank (ADB) regional membership in Asia. The new...
Persistent link: https://www.econbiz.de/10010578160
Die vorliegende Studie wurde im Auftrag des Bundesministeriums für Wirtschaft und Technologie erstellt und im Oktober 2006 abgeschlossen. Gegenstand der Studie ist die Untersuchung des Globalisierungs- und Anpassungsprozesses sowie seiner Ergebnisse in Deutschland, Frankreich, Großbritannien,...
Persistent link: https://www.econbiz.de/10008791409
domestic learning from FDI or absorptive capability. FDI seems to be more important to manufactured exports and industrial …
Persistent link: https://www.econbiz.de/10011165629
effects of FDI are, however, heterogeneous across countries. While more advanced core CEECs succeeded in boosting exports in …
Persistent link: https://www.econbiz.de/10011086669
Using a one-step stochastic frontier model for five developing countries (Brazil, Morocco, Pakistan, South Africa, and Vietnam), we show that foreign firms benefit from a better investment climate, which significantly explains why they are more efficient than local firms. Unlike former studies,...
Persistent link: https://www.econbiz.de/10008559029
Persistent link: https://www.econbiz.de/10010762629
international trade, and discusses their policy implications. The first major finding is that labour taxes do not seem to affect … imports, while their effect on exports is likely to depend on how much domestic labour contributes to total value added. If … have a major impact on exports. This is an important finding, because it challenges the established view in the literature …
Persistent link: https://www.econbiz.de/10013178172