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Journal article
Alexander Glas ,
Michael Hübler ,

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

  • 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.
  • Keywords

    total factor productivity; imports; foreign direct investment; absorptive capacity; BRICs
  • JEL classification

    F14, F21, O47
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