phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and … physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … which a positive change of a country's economic institutions can attract inflows of physical capital from abroad, leading to …

Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical … evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation … concentrates on the impact of FDI inflows on growth and their effect mediated by income levels and the quality of the institutional …

Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical … evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation … concentrates on the impact of FDI inflows on growth and their effect mediated by income levels and the quality of the institutional …

This paper explores the relationship between trade openness and economic growth through a change in institutions. To do … other groups of the society (capitalists). This reduces investment in capital, the source for endogenous growth. Endogenous … power. The model studies optimal taxation, growth and institutional change under two scenarios, autarky and free trade. The …

We present an endogenous growth model with technological externalities emitted the presence of the foreign direct … investments. We showed that the net positive impact on the growth of these investments may be if and only if the host country such …

In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we … speed up growth. The results also show a strong positive effect of reductions in the cost of making new connections. This … has a significant impact on both the steady state growth rate and on transitional growth, while significantly reducing the …

In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we … speed up growth. The results also show a strong positive effect of reductions in the cost of making new connections. This … has a significant impact on both the steady state growth rate and on transitional growth, while significantly reducing the …

index and global liquidity are also important. Among macroeconomic pull factors, trade openness and economic growth appear …