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Foreign Direct Investment in the United States is analyzed using a stochastic production function with FDI as an input. Low but significant technical inefficiency is found across American states similar to earlier studies but now with FDI explicitly accounted for. FDI is found to have a low but...
Persistent link: https://www.econbiz.de/10013037993
Regional economic growth in Russia's regions in 1995-2000 is analyzed with particular attention paid to FDI and how it influenced growth during this period. FDI appears to have been essential before the 1998 crisis in helping the economy grow despite the initial chaos of the transition. Larger...
Persistent link: https://www.econbiz.de/10013038027
A production function analysis of the 32 Mexican regions reveals almost no technological progress and human capital impact in Mexican industry over a 44 year period. While extensive growth is found prior to 1985, little evidence for extensive or intensive growth except for the labor input is...
Persistent link: https://www.econbiz.de/10013036401
Russian macroeconomic growth in the transition era is analysed across federal districts using a neoclassical production function often found in studies of Soviet-era economic growth. An adjusted capital stock series for Russian regions is created and used in the aggregate production function for...
Persistent link: https://www.econbiz.de/10014182312