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Research Interests: Economics, International Economics, International Trade, Economic Growth, Economic Theory, and 12 moreFree Trade, Panel Data, Trade Policy, Trade Openness, Political Institution, Instrumental Variable, Openness to experience, Empirical evidence, Sub Saharan Africa, Endogeneity, Fixed Effects, and Gross Domestic Product
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Research Interests: Business, Development Economics, Economic Theory, Foreign Direct Investment, Developing Countries, and 15 moreEconomic Development, Emerging Markets, Decentralization, Free Trade, Elasticity, Emerging Market, Developing Country, Dummy Variables, Financial Instruments, Externalities, Asymmetric Information, Consumers, Derivative, Developed Countries, and Foreign Trade
Research Interests: Economics, Latin American and Caribbean History, Economic Growth, Productivity, Economic policy, and 14 morePublic Health, Poverty Reduction, Latin American, Latin America and the Caribbean, Ordinary Least Squares, Total factor productivity, Growth rate, GDP Growth, Panel regression, Seemingly Unrelated Regression, Decomposition Analysis, Growth Accounting, Ordinary Least Square, and Latin Americans
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Research Interests: Economics, Development Economics, Globalization, Capital Markets, Developing Countries, and 15 moreEconomic policy, Economic Development, Emerging Markets, Elasticity, Developing Country, Gravity Model, Exposure, Developing Economies, GDP, Business Cycle, Benchmark, Global trade, Commodity, Domestic Markets, and Gross Domestic Product
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Research Interests: Economics, Latin American and Caribbean History, Economic Growth, Economic Theory, Productivity, and 15 moreEconomic policy, Public Health, Poverty Reduction, Latin American, Latin America and the Caribbean, Economic Reform, Ordinary Least Squares, Health monitoring, Growth rate, GDP Growth, Panel regression, Decomposition Analysis, Growth Accounting, Ordinary Least Square, and Latin Americans
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The North American Free Trade Agreement (NAFTA) was formally implemented on 1 January 1994 by the United States, Canada, and Mexico. This treaty instantly gained global notoriety following the initiation of formal negotiations in 1991,... more
The North American Free Trade Agreement (NAFTA) was formally implemented on 1 January 1994 by the United States, Canada, and Mexico. This treaty instantly gained global notoriety following the initiation of formal negotiations in 1991, not only because the initiative ...
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ABSTRACT No abstract available.
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Research Interests: Law, Economics, Econometrics, Homicide, Economic Inequality, and 14 moreApplied Economics, Panel Data, Income inequality, Social Science Research Network, Inequality, Demographic economics, Measurement Error, Robustness (evolution), Random Noise, Weed Control, Gini Index, Endogeneity, Law Economics, and partial correlation
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bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Produced by the Research Support Team
bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Produced by the Research Support Team
The economic success of China and India is looked upon with admiration but also concern about the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region’s manufacturing and services... more
The economic success of China and India is looked upon with admiration but also concern about the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region’s manufacturing and services sectors. The evidence summarized here indicates that certain manufacturing and service industries in some countries, particularly in Mexico and to a lesser extent in Central America and the Caribbean, have been negatively affected by Chinese and Indian competition in third markets. Also, LAC imports from China and India have been associated with modest unemployment and adjustment costs in manufacturing industries. Nevertheless, there is substantial evidence of positive aggregate effects for LAC economies associated with China and India’s greater presence in world exports, financial flows, and innovation. Even though there is significant heterogeneity of such effects across LAC sub-regions, China and India’s growth is creating new production possibilitie...
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Research Interests: Business, Development Economics, Economic Theory, Foreign Direct Investment, Developing Countries, and 15 moreEconomic Development, Emerging Markets, Decentralization, Free Trade, Elasticity, Emerging Market, Developing Country, Dummy Variables, Financial Instruments, Externalities, Asymmetric Information, Consumers, Derivative, Developed Countries, and Foreign Trade
Research Interests: Business, Development Economics, International Trade, Economic Theory, Developing Countries, and 15 moreAgriculture, Economic Development, Free Trade, Elasticity, Developing Country, Gravity Model, Externalities, Asymmetric Information, Income, Consumers, Currency, GDP, Foreign Trade, Global trade, and Market Failures
Research Interests: Economics, Economic Growth, Economic Theory, Developing Countries, Agriculture, and 15 moreChina, Free Trade, Elasticity, Dummy Variables, Exchange rate, GDP, Demand Elasticity, Global trade, Bilateral trade, Covariance Matrix, Absolute Value, Fixed Effects, Expected Value, Control variable, and Demand shocks
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Research Interests: Business, Finance, Economics, Corporate Law, Manufacturing, and 14 moreForeign Direct Investment, Developing Countries, Latin America, Social Science Research Network, United States, Latin American, Corporations, Currency, Capital Formation, Foreign Investment, OECD countries, stylized facts, Foreign capital, and Latin Americans
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This paper explores the impact of the emergence of China and India on Foreign Capital Stocks (FCS) in other economies. Using bilateral FCS data from 1990-2003 and drawing from the Knowledge-Capital Model of multinational enterprises to... more
This paper explores the impact of the emergence of China and India on Foreign Capital Stocks (FCS) in other economies. Using bilateral FCS data from 1990-2003 and drawing from the Knowledge-Capital Model of multinational enterprises to control for fundamental determinants of FCS across countries, the evidence suggests that the impact of foreign capital in China and India on other countries' FCS has been positive. This finding is robust across different specifications and estimation techniques. There is surprisingly weak evidence of substitution in manufacturing FCS away from Central America/Mexico in favor of China, and from Southern Cone countries to India, but these findings are not robust to the use of alternative estimation techniques. In sum, fears of a global competition for FDI seem misplaced, and policymakers concerned about attracting foreign investors should focus their efforts on the fundamentals determinants of FDI.• JEL Classification: F21, F22, O57