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sophistication and spillovers from FDI. We then explore different channels through which spillovers from multinationals to local … knowledge and technology spillovers to local firms. One way how FDI speeds up growth is that it facilitates the manufacturing of … firms affects the product sophistication of firms in a developing country. This paper aims to fill this gap. We compile an …
Persistent link: https://www.econbiz.de/10010942705
The paper analysis the macro and micro ways of improving FDI contribution toRomania‘s sustainable development. Part.1 is devoted to FDI macroeconomic factors of influenceregarding: theoretical and practical aspects of sectoral structure and technological level of FDI;regional and country of...
Persistent link: https://www.econbiz.de/10010838727
Purpose – This paper aims to examine production linkage and technology spillovers due to the presence of foreign firms …
Persistent link: https://www.econbiz.de/10010610873
I study the implications for the development of a country hosting of multinational firms. The paper argues that despite the negative impact on existing local firms, the presence of foreign firms induce the emergence of a new sector of domestic firms and that in the long term, the country to...
Persistent link: https://www.econbiz.de/10005069334
essential to innovative activity. Such knowledge spillovers tend to be spatially restricted. Thus, an irony of globalization is …
Persistent link: https://www.econbiz.de/10005661735
a narrow concentrated set of economic activities is more conducive to knowledge spillovers or if diversity, by bringing …
Persistent link: https://www.econbiz.de/10005662217
An extension of the Uzawa-Lucas endogenous growth model is discussed which incorporates diminishing returns to human capital and unskilled labour in aggregate labour inputs. This extension is important in the context of developing economies, due to their abundance of unskilled labour, relative...
Persistent link: https://www.econbiz.de/10005478638
Many argue that elements of a society s norms, culture or social capital are central to understanding its development.However, these notions have been difficult to capture in economic models.Here we argue that trustworthiness is the economically relevant component of a society s culture and...
Persistent link: https://www.econbiz.de/10011090823
This paper develops a framework which analyzes how a population's culture affects the decisions of rational profit maximizing firms, while simultaneously exploring how the actions of these firms in turn affect the population's culture.By endogenizing culture as well as the more usual economic...
Persistent link: https://www.econbiz.de/10011092624
Industrial policy and innovation policies need to be strongly revitalized and focused on LDC development. Given the concentration of several LDCs in forestry, fisheries, mining, agricultural commodities, and oil, the task of these revitalized industrial policies is to support locally relevant...
Persistent link: https://www.econbiz.de/10011113553