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What makes regions in Eastern Europe catching up? The role of foreign investment, human resources and geography
Tondl, Gabriele; Vuksic, Goran - 2003
This paper analyses regional growth in Eastern Europe in the second half of the 1990s, when regional disparities sharply increased. We aim to identify the factors behind growth and investigate in particular the role of (foreign) investment, education and innovation as well as geographical...
Persistent link: https://www.econbiz.de/10010301178
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Human capital, economic growth, and regional inequality in China
Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - 2008
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010268707
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International integration and regional development in China
Gries, Thomas; Redlin, Margarete - 2008
Concerns about the duration of China's growth and hence the question of a permanent significant contribution of China … to world economic growth relate, amongst other things, to the problem of reducing regional disparity in China. While … China's high average growth is driven by a small number of rapidly developing provinces, the majority of provinces have …
Persistent link: https://www.econbiz.de/10010273441
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Human capital, economic growth, and regional inequality in China
Fleisher, Belton M.; Li, Haizheng - 2007
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010273849
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Financial sector development and growth: The Chinese experience
Hasan, Iftekhar; Zhou, Mingming - 2006
This paper documents the financial and institutional developments of China during the past two decades, when China was … examine the relationship between financial development and economic growth in China by employing a panel sample covering 31 … markets, institutions, and instruments have been robustly associated with economic growth in China. – institutions ; growth …
Persistent link: https://www.econbiz.de/10010284671
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Foreign and domestic takeovers in Germany: Cherry-picking and lemon-grabbing
Weche-Gelübcke, John P. - 2012
This study focuses on ex ante performance of domestic and foreign takeover targets in Germany, one of the most important FDI inflow destinations worldwide. Using a new database from German official statistics, unconditional comparisons as well as binary response model estimations of takeover...
Persistent link: https://www.econbiz.de/10010294465
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Does corporate governance reform necessarily boost firm performance? Recent evidence from Russia
Kuznecovs, Mihails; Pal, Sarmistha - 2012
This paper examines whether the introduction of corporate governance (CG) reforms in general and that of transparency and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG reforms can boost performance because it can resolve the...
Persistent link: https://www.econbiz.de/10010282468
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Avenues of technology transfer: Foreign investment and productivity change in the Czech Republic
Djankov, Simeon; Hoekman, Bernard Marco - 1998
Firm-level data for the Czech Republic during 1992-96 suggest that foreign investment has tended to flow to firms of above average size, initial profitability and initial labor productivity. After controlling for this selection bias, we find that foreign investment has a positive, but...
Persistent link: https://www.econbiz.de/10011608384
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Weakness in emerging markets weighs on global growth
Gern, Klaus-Jürgen; Hauber, Philipp; Jannsen, Nils; … - 2015
The world economy is expanding at a more moderate pace with growth momentum continuing to shift from emerging to advanced economies. World GDP will increase by 3.3 per cent this year - even some-what less than the already modest growth in the recent past. For 2016 and 2017 we expect growth to...
Persistent link: https://www.econbiz.de/10012143280
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World Economy Summer 2016 - World Economy with somewhat more steam
Boysen-Hogrefe, Jens; Gern, Klaus-Jürgen; Hauber, Philipp - 2016
The world economy seems to have stabilized in the first months of the year. The underlying growth dynamics, however, remain weak although we expect growth to accelerate somewhat going forward. This year, global output (at PPP exchange rates) will expand by 3.1 percent, which is close to last...
Persistent link: https://www.econbiz.de/10012143288