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

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Year of publication:	2015-01
Authors:	Glas, Alexander ; Hübler, Michael ; Nunnenkamp, Peter
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	total factor productivity \| imports \| foreign direct investment \| absorptive capacity \| BRICs

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Series:	Kiel Working Papers.
Type of publication:	Book / Working Paper
Notes:	16 pages
Classification:	F14 - Country and Industry Studies of Trade ; F21 - International Investment; Long-Term Capital Movements ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011183046