Showing 1 - 10 of 619
technology, globalization tends to lead to convergence. Moreover, under non-convex technology trade and migration tend to be …
Persistent link: https://www.econbiz.de/10013098128
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications … direct investment and portfolio equity liabilities compared to those for debt liabilities …
Persistent link: https://www.econbiz.de/10013160313
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10013155560
We document the recent phenomenon of uphill flows of capital from nonindustrial to industrial countries and analyze whether this pattern of capital flows has hurt growth in nonindustrial economies that export capital. Surprisingly, we find that there is a positive correlation between current...
Persistent link: https://www.econbiz.de/10013316680
dominated by foreign-currency debt and have instead shifted sharply towards direct investment and portfolio equity. Their …
Persistent link: https://www.econbiz.de/10013119287
required in the world economy. In this paper, I provide an empirical characterization of the composition of GDP levels and … growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India … and Vietnam. To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment balances …
Persistent link: https://www.econbiz.de/10013158044
framework, we show that the substitution away from domestic government investment is higher than from government consumption … that investment aid is more fungible than other categories of aid. In the presence of fungibility, there is no …
Persistent link: https://www.econbiz.de/10013317224
We document the recent phenomenon of uphill flows of capital from nonindustrial toindustrial countries and analyze whether this pattern of capital flows has hurt growth innonindustrial economies that export capital. Surprisingly, we find that there is a positivecorrelation between current...
Persistent link: https://www.econbiz.de/10005861353
We analyse how changes in international trade integration affect productivity and the functional income distribution. To account for endogeneity, we construct a leave-out measure for international trade integration for country-industry pairs using international input-output tables. First, we...
Persistent link: https://www.econbiz.de/10014355913
by foreign-currency debt and have instead shifted sharply towardsdirect investment and portfolio equity. Their external …
Persistent link: https://www.econbiz.de/10009522212