This paper presents five theoretical openness-and-growth links that can account for trade-induced investment-led growth …, cross-country data suggests that openness influences growth only via its effect on investment, and suggests that openness … promotes investment in all countries whatever the capital-intensive of their exports (contrary to predictions of the old …

examine the implications of exchange rates for time series of sectoral investment. Both theoretically and empirically we show … that investment responsiveness to exchange rates varies over time, positively in relation to sectoral reliance on export … differences in investment endogeneity across high and low markup sectors, with investment in low markup sectors significantly more …

consumption or investment. In this way, aggregate demand would be maintained by substituting public consumption for private …

-2006, we document that corporate investment in research is closely related to its use in internal invention. Specifically … productive. Our results are consistent with the view that to justify further investment in research corporate scientists need to …

We contribute to the long debated issue of whether inward foreign direct investment (FDI) can stimulate investment in … of FDI on total investment – measured as the ratio of gross fixed capital formation to GDP – but only if multinational …