Donaldson, John B.; Koulovatianos, Christos; Li, Jian; … - 2018
to that of India, and, simultaneously, FDI inflows relative to GDP for China versus India declined. These observations … inherited from the previous generation. The resulting increase in China’s (domestic K)/L thus "crowds out" the need for FDI in … China relative to India. Our paper is a contribution to the nascent literature exploring demographic transitions and their …