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China's march to prosperity : reforms to avoid the middle-income trap

Koen, Vincent; Herd, Richard; Hill, Sam - 2013

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Persistent link: https://www.econbiz.de/10010231008

Foreign direct investment in sub-Saharan Africa : beyond its growth effect

Wako, Hassen Abda - In: Research in globalization 3 (2021), pp. 1-21

This study relates foreign direct investment (FDI) to economic growth, institutional quality and manufacturing value added, using panel data techniques that allow for parameter heterogeneity and non-stationarity. The results confirm that economic growth, institutional quality, and natural...

Persistent link: https://www.econbiz.de/10012608484

Capital nationality and economic development

Martins, Guilherme Klein - 2022

This paper reviews different literature strands and performs an empirical test to evaluate how capital ownership, particularly its nationality, might affect long-run economic develop- ment. Our results indicate that low and middle-income countries with larger foreign capital stock in 1980 had...

Persistent link: https://www.econbiz.de/10014229769

How Does the Productivity of Foreign Direct Investment Spill Over to Local Firms in Chinese Manufacturing?

Blake, Adam - 2009

We use a firm-level dataset for Chinese manufacturing, to estimate productivity spillovers from foreign direct investment (FDI) to local firms. The spillover channels considered include inter-firm labour turnover/mobility; vertical input-output linkages; exporting externalities; and horizontal...

Persistent link: https://www.econbiz.de/10013157241

Agriculture, transportation and the timing of urbanization : global analysis at the grid cell level

Motamed, Mesbah J.; Florax, Raymond J. G. M.; Masters, … - 2014

This paper addresses the timing of a location's historical transition from rural to urban activity. We test whether urbanization occurs sooner in places with higher agricultural potential and comparatively lower transport costs, using worldwide data that divide the earth's surface at half-degree...

Persistent link: https://www.econbiz.de/10010226975

Openness, Technology Capital, and Development

McGrattan, Ellen R. - 2008

In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains … from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research … and development, brands, and organization capital. Technology capital is distinguished from other forms of capital in that …

Persistent link: https://www.econbiz.de/10012770981

Technological Dynamism in Asia

Mahmood, Ishtiaq P.; Jasjit Singh - 2002

We analyze innovation in emerging and newly industrialized economies over the past 30 years, with the emphasis being on Asian economies. We use US patent data to study how the innovative capabilities of Taiwan, Korea, Hong Kong and Singapore have expanded in relation to emerging economies in...

Persistent link: https://www.econbiz.de/10014109800

Does trade explain Europ's rise? : geography, market size and economic development

Studer, Roman - 2009

Persistent link: https://www.econbiz.de/10003972622

Rent seeking and hubs : towards a new economic geography of Sub-Saharan Africa

Pholo Bala, Alain - 2009

Persistent link: https://www.econbiz.de/10003986575

Evaluating China's road to prosperity : a new economic geography approach

Roberts, Mark; Deichmann, Uwe; Fingleton, Bernard; Shi, Tuo - In: Regional science & urban economics 42 (2012) 4, pp. 580-594

Persistent link: https://www.econbiz.de/10009621552