Arbeitspapier
Catching up of emerging economies: The role of capital goods imports, FDI inflows, domestic investment and absorptive capacity
We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels through which major emerging economies (BRICs, i.e., Brazil, Russian Federation, India and China) could catch up with advanced source countries in terms of total factor productivity (TFP). We find that the importance of these transmission mechanisms depends on the BRICs' local capacity to absorb superior technologies and on domestic investment.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1990
- Klassifikation
-
Wirtschaft
Empirical Studies of Trade
International Investment; Long-term Capital Movements
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Thema
-
total factor productivity
imports
foreign direct investment
absorptive capacity
BRICs
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Glas, Alexander
Hübler, Michael
Nunnenkamp, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Glas, Alexander
- Hübler, Michael
- Nunnenkamp, Peter
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2015
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