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

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  • Alexander Glas
  • Michael H�bler
  • Peter Nunnenkamp

Abstract

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.

Suggested Citation

  • Alexander Glas & Michael H�bler & Peter Nunnenkamp, 2016. "Catching up of emerging economies: the role of capital goods imports, FDI inflows, domestic investment and absorptive capacity," Applied Economics Letters, Taylor & Francis Journals, vol. 23(2), pages 117-120, February.
    • Handle: RePEc:taf:apeclt:v:23:y:2016:i:2:p:117-120
    DOI: 10.1080/13504851.2015.1054065
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    References listed on IDEAS

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    1. David Mayer‐Foulkes & Peter Nunnenkamp, 2009. "Do Multinational Enterprises Contribute to Convergence or Divergence? A Disaggregated Analysis of US FDI," Review of Development Economics, Wiley Blackwell, vol. 13(2), pages 304-318, May.
    2. Wolfgang Keller, 2004. "International Technology Diffusion," Journal of Economic Literature, American Economic Association, vol. 42(3), pages 752-782, September.
    3. Knut Blind & Andre Jungmittag, 2004. "Foreign Direct Investment, Imports and Innovations in the Service Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 25(2), pages 205-227, June.
    4. Hübler, Michael & Pothen, Frank, 2013. "The optimal tariff in the presence of trade-induced productivity gains," ZEW Discussion Papers 13-103, ZEW - Leibniz Centre for European Economic Research.
    5. Yasar, Mahmut & Morrison Paul, Catherine J., 2007. "International linkages and productivity at the plant level: Foreign direct investment, exports, imports and licensing," Journal of International Economics, Elsevier, vol. 71(2), pages 373-388, April.
    6. Hãœbler, Michael & Keller, Andreas, 2010. "Energy savings via FDI? Empirical evidence from developing countries," Environment and Development Economics, Cambridge University Press, vol. 15(1), pages 59-80, February.
    7. Richard Perkins & Eric Neumayer, 2012. "Do recipient country characteristics affect international spillovers of CO 2 -efficiency via trade and foreign direct investment?," Climatic Change, Springer, vol. 112(2), pages 469-491, May.
    8. Kamal Saggi, 2002. "Trade, Foreign Direct Investment, and International Technology Transfer: A Survey," The World Bank Research Observer, World Bank, vol. 17(2), pages 191-235, September.
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    Cited by:

    1. Danquah, Michael, 2018. "Technology transfer, adoption of technology and the efficiency of nations: Empirical evidence from sub Saharan Africa," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 175-182.
    2. Michael Danquah & Bazoumana Ouattara & Peter Quartey, 2018. "Technology Transfer and National Efficiency: Does Absorptive Capacity Matter?," African Development Review, African Development Bank, vol. 30(2), pages 162-174, June.
    3. Michael Hübler, 2017. "The Future of Foreign Aid in a Globalizing World with Climate Change," Global Policy, London School of Economics and Political Science, vol. 8(1), pages 41-51, February.
    4. Grigoris Zarotiadis, 2020. "“Infant” Economies In South-Eastern Europe," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 65(226), pages 45-72, July – Se.

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    More about this item

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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