Glas, Alexander; Hübler, Michael; Nunnenkamp, Peter - 2015
We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels … through which major emerging economies (BRICs, i.e., Brazil, Russian Federation, India and China) could catch up with advanced … depends on the BRICs' local capacity to absorb superior technologies and on domestic investment. …