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The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals … manufacturing trade, have gone further and that this is likely one of the key determinants of better economic performance of China …. Still, China's integration process so far remains characterized by a certain duality. On the one hand the opening up of …
Persistent link: https://www.econbiz.de/10011807627
While China has been pivotal in discussions and academic research on global imbalances, little is known about … the regional level inside China. We follow up by identifying the drivers of this pattern using the methodology developed … catch-up parameters, we find an investment and a saving puzzle: regions that caught up relative to the rest of China seem to …
Persistent link: https://www.econbiz.de/10011282498
This paper investigates sources and determinants of foreign direct investment (FDI) flows to developing Asia using …
Persistent link: https://www.econbiz.de/10010331076
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between …
Persistent link: https://www.econbiz.de/10011430093
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...
Persistent link: https://www.econbiz.de/10010276225
integration will trigger a race between countries to attract inward foreign direct investment (FDI). It is further argued that … FDI ends up in China, putting the cohesion of the EU at stake and triggering a regional race within China. …
Persistent link: https://www.econbiz.de/10010320032
Foreign direct investment (FDI) projects are assumed to be accompanied by potential external effects - so-called FDI … separately. The results indicate that there is a small negative spillover effect from foreign presence within industries across … Latin American countries. Furthermore, I find that the negative intra-industry spillover is caused by wholly owned foreign …
Persistent link: https://www.econbiz.de/10011918484
This paper considers the nature and the distribution of trade and FDI effects of a potential enlargement of the European Monetary Union (EMU) to the 10 countries that obtained EU membership in 2004. One-way and two-way error component gravity models are estimated using a data set of unbalanced...
Persistent link: https://www.econbiz.de/10010325507
economy, the direct use of gross capital inflows is not pre-determined by anyone other than foreign investors, capital flows …
Persistent link: https://www.econbiz.de/10010516311
This paper applies a probit estimation to assess the relationship between economic takeoffs during 1950-2000 and inflows of portfolio debt, portfolio equity, and FDI, controlling for country's stock of short-term external debt and commodity terms of trade. Average level of FDI inflows is...
Persistent link: https://www.econbiz.de/10010287770