Journal Article

Catching up of Emerging Economies: The Role of Capital Goods Imports, FDI Inflows, Domestic Investment and Absorptive Capacity

Authors

  • Alexander Glas
  • Michael Hübler
  • Peter Nunnenkamp
Publication Date

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.

Info

JEL Classification
F14, F21, O47
DOI
10.1080/13504851.2015.1054065

Key Words

  • absorptive capacity
  • ausländische Direktinvestitionen
  • BRICs
  • foreign direct investment
  • imports
  • total factor productivity