Catching up of emerging economies: the role of capital goods imports, FDI inflows, domestic investment and absorptive capacity

Catching up of emerging economies: the role of capital goods imports, FDI inflows, domestic investment and absorptive capacity

We show that the impact of capital goods imports and FDI inflows on economic convergence depends on the local capacity of emerging economies to absorb superior technologies.

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Bibliographische Detailangaben
Veröffentlicht in:Applied economics letters 2016-01, Vol.23 (2), p.117-120
Hauptverfasser: Glas, Alexander, Hübler, Michael, Nunnenkamp, Peter
Format: Artikel
Sprache:eng
Schlagworte:
Absorptive capacity
BRICs
Capital goods
Economic analysis
Emerging markets
Foreign direct investment
Foreign investment
Imports
Reconciliation
Studies
Total factor productivity
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Beschreibung
Zusammenfassung:We show that the impact of capital goods imports and FDI inflows on economic convergence depends on the local capacity of emerging economies to absorb superior technologies.
ISSN:1350-4851
1466-4291
DOI:10.1080/13504851.2015.1054065