Three Essays of Firm Productivity, Technology Spillovers, and Foreign Direct Investment
Author: Feng Liang
Publisher:
Published: 2006
Total Pages: 284
ISBN-13:
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Innovation and Growth in the Global Economy
Author: Gene M. Grossman
Publisher: MIT Press
Published: 1993-01-29
Total Pages: 380
ISBN-13: 9780262570978
DOWNLOAD EBOOKGrossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents. Traditional growth theory emphasizes the incentives for capital accumulation rather than technological progress. Innovation is treated as an exogenous process or a by-product of investment in machinery and equipment. Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents.
Product Characteristics in International Economics
Author: Stephan Huber
Publisher: Springer
Published: 2018-04-16
Total Pages: 144
ISBN-13: 3319760939
DOWNLOAD EBOOKNational economies are linked through flows of capital and goods. This book addresses those linkages, analyzes their benefits for economic development, and evaluates a country’s opportunities to reap the best possible rewards by influencing the linkages. The book focuses on the role of product characteristics in international economics and their impact on economic development. After an introduction to the topic, it analyzes the influence of product sophistication on growth, and offers alternative means of measuring product characteristics. In turn, the book provides evidence for the impact of foreign equity on the characteristics of the products that firms produce. Moreover, it presents empirical findings that prove that the quality of a country's legal and institutional framework is influenced by said country’s predisposition to trade rule-of-law-intensive goods.
Foreign Direct Investment, Spillovers and Absorptive Capacity
Author: Sourafel Girma
Publisher:
Published: 2016
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOKThis paper focuses on the role of absorptive capacity in determining whether or not domestic firms benefit from productivity spillovers from FDI using establishment level data for the UK. We allow for different effects of FDI on establishments located at different quantiles of the productivity distribution by using conditional quantile regression. Overall, while there is some heterogeneity in results across sectors and quantiles, our findings clearly suggest that absorptive capacity matters for productivity spillover benefits. We find evidence for a u-shaped relationship between productivity growth and FDI interacted with absorptive capacity. We also analyse in some detail the impact of changes in absorptive capacity on establishments' ability to benefit from spillovers.
How Does Foreign Direct Investment Affect Economic Growth
Author: Mr.Eduardo Borensztein
Publisher: International Monetary Fund
Published: 1994-09-01
Total Pages: 26
ISBN-13: 1451853270
DOWNLOAD EBOOKWe test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms.
Productivity Convergence
Author: Edward N. Wolff
Publisher: Cambridge University Press
Published: 2013-12-16
Total Pages: 537
ISBN-13: 1107651212
DOWNLOAD EBOOKA vast new literature on the sources of economic growth has now accumulated. This book critically reviews the most significant works in this field and summarizes what is known today about the sources of economic growth. The first part discusses the most important theoretical models that have been used in modern growth theory as well as methodological issues in productivity measurement. The second part examines the long-term record on productivity among Organization for Economic Co-operation and Development (OECD) countries, considers the sources of growth among them with particular attention to the role of education, investigates convergence at the industry level among them, and examines the productivity slowdown of the 1970s. The third part looks at the sources of growth among non-OECD countries. Each chapter emphasizes the factors that appear to be most important in explaining growth performance.
Does Foreign Direct Investment Promote Development?
Author: Theodore H. Moran
Publisher: Peterson Institute
Published: 2005
Total Pages: 442
ISBN-13: 9780881323818
DOWNLOAD EBOOKThis volume gathers the cutting edge of new research on foreign direct investment and host country economic performance, and presents the most sophisticated critiques of current and past inquiries. It presents new results, concludes with an analysis of the implications for contemporary policy debates, and proposed new avenues for future research.
Multinational Enterprises and Host Country Development
Author: Holger Görg
Publisher: World Scientific Publishing Company
Published: 2016-06-24
Total Pages: 387
ISBN-13: 9814749230
DOWNLOAD EBOOKMultinational Enterprises and Host Country Development is a unique collection of papers looking at different aspects of the link between multinational enterprises and their effects on the host countries' economies. The volume studies effects of multinationals on R&D, innovation, productivity, wages, as well as growth and survival of firms in the host countries, and distinguishes direct and indirect effects through spillovers. All the analyses are conducted using firm level data for countries as diverse as China, Ireland, Sweden, Ghana, the UK or a group of countries in Central and Eastern Europe. This volume is a valuable reading for graduate students and researchers wishing to investigate the impact of multinationals.
Identifying Technology Spillovers and Product Market Rivalry
Author: Nicholas Bloom
Publisher:
Published: 2005
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKOECD Insights International Trade Free, Fair and Open?
Author: Love Patrick
Publisher: OECD Publishing
Published: 2009-05-19
Total Pages: 197
ISBN-13: 926406026X
DOWNLOAD EBOOKArgues that prosperity has rarely, if ever, been achieved or sustained without trade. Trade alone, however, is not enough; policies targeting employment, education, health and other issues are also needed to promote well-being and tackle the challenges of a globalised economy.
