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Night lights could be a valuable proxy of economic activity at the subnational level when GDP data are lacking or of poor quality. Supplementing Henderson et al.’s (2012) analysis at the national level, we assess the stability of the elasticity of GDP with regard to night lights across regions...
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-capita income and growth. Employment-intensive FDI, concentrated in richer states, has been conducive to income growth, while …
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The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We...
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We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels … depends on the BRICs’ local capacity to absorb superior technologies and on domestic investment. …
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