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

Alexander Glas, Michael Hübler and Peter Nunnenkamp

No 1990, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: 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.

Keywords: total factor productivity; imports; foreign direct investment; absorptive capacity; BRICs (search for similar items in EconPapers)
JEL-codes: F14 F21 O47 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-cis, nep-cse, nep-eff and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Catching up of emerging economies: the role of capital goods imports, FDI inflows, domestic investment and absorptive capacity (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1990

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