International Openness and Social Development as Endogenous Determinants of Growth

• Autorzy: Łukasz Goczek
• Języki publikacji: EN

Abstrakty

EN

We study empirically the impact of social indicators on growth in the context of FDI and trade. In this article, we argue that the positive growth effects of FDI and trade arise from factors such as knowledge spillovers or technological upgrading. Therefore, the effect of FDI and trade depends on the structural and sectoral investment composition, which depends in turn on social indicators such as income inequality, human development, education, and health.(original abstract)

Słowa kluczowe

EN

Social development; Economic growth theory; Social indicators; Economic growth; Endogenous variable

PL

Rozwój społeczny; Teoria wzrostu gospodarczego; Wskaźniki społeczne; Wzrost gospodarczy; Zmienna objaśniana

• Czasopismo: Studia Ekonomiczne / Uniwersytet Ekonomiczny w Katowicach
• Rocznik: 2012
• Numer: nr 122 Międzynarodowe stosunki gospodarcze - wybrane podmioty i procesy gospodarki światowej
• Strony: 99--108

Twórcy

autor

Łukasz Goczek

• Uniwersytet Warszawski

Bibliografia

• Acemoglu D., Johnson S.: Disease and Development: The Effect of Life Expectancy on Economic Growth. "Journal of Political Economy" 2007, Vol. 115(6).
• Aghion P., Bolton P.: A Trickle-down Theory of Growth and Development. "Review of Economic Studies" 1997, Vol. 64.
• Aghion P., Howitt P., Mayer-Foulkes D.: The Effect of Financial Development on Convergence: Theory and Evidence. "Quarterly Journal of Economics" 2005, February.
• Alesina A., Rodrik D.: Distributive Politics and Economic Growth. "Quarterly Journal of Economics" 1994, Vol. 109(2).
• Barro R.J.: Economic Growth in a Cross Section of Countries. "Quarterly Journal of Economics" 1991, May.
• Barro R.J., Sala-ı-Martin X.: Economic Growth. MIT Press, Cambridge, MA, 2004.
• Bond S., Hoeffler A., Temple J.: GMM Estimation of Empirical Growth Models. Economics Papers 2001-W21. Economics Group, Nuffield College, University of Oxford 2001
• Borensztein E., De Gregorio J., Lee J.W.: How does Foreign Direct Investment Affect Economic growth? "Journal of International Economics" 1998, Vol. 45.
• Carkovic M., Levine R.: Does Foreign Direct Investment Accelerate Economic Growth? University of Minnesota Department of Finance Working Paper 2002.
• Caselli F., Esquivel G., Lefort F.: Reopening the Convergence Debate: A New Look at Cross-country Growth Empirics. "Journal of Economic Growth" 1996, Vol. 1.
• Easterly W.: The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics. MIT Press, Cambridge M.A. 2001.
• Fillat-Castejon C., Wörz J.: Good or Bad? The Influence of FDI on Output Growth: An Industry-level Analysis. Working Papers No. 38, The Vienna Institute for International Economic Studies, 2006.
• FEMISE. Rapport du FEMISE: International Openness and Social Development of the Countries in the MENA Region. 2010.
• Frankel J., Romer D.: Does Trade Cause Growth? "American Economic Review" 1999, Vol. 89(3).
• Irwin D., Tervio M.: (2) Does Trade Raise Income? Evidence from the Twentieth Century. "Journal of International Economics" 200, Vol. 58(1).
• Kneller R., Stevens P.A.: Frontier Technology and Absorptive Capacity: Evidence from OECD Manufacturing Industries. "Oxford Bulletin of Economics and Statistics" 2006, Vol. 68(1).
• Kuznets S.: Economic Growth and Income Inequality. "The American Economic Review" 1955, Vol. 45(1).
• Markusen J.R., Venables A.J.: Multinational Firms and the New Trade Theory. "Journal of International Economics" 1998, Vol. 46.
• Ranis G., Stewart F.: Dynamic Links between the Economy and Human Development. DESA Working Paper No. 8 ST/ESA/2005/DWP/8, 2005.
• Aksoy A., Salinas G.: Growth Before and After Trade Liberalization. World Bank Working Paper No. 4062, 2006.
• Temple J.R.W.: The New Growth Evidence. "Journal of Economic Literature" 1999, Vol. 37(1).