FDI,openness and income

This is an empirical study of the impact of foreign direct investment (FDI) on income. It presents cross-country evidence that inward FDI is positively correlated with income. In addition, an instrument for FDI is constructed to address the issue of endogeneity. The results show that instrumental-variables (IV) estimates of the impact of FDI on income are positive and greater than OLS estimates, similar to the findings on trade in Frankel and Romer (). The evidence in this paper suggests that inward FDI contributes to higher income, and favours the argument of Irwin and Terviö () that trade openness is subject to measurement error – in particular, trade is an imperfect proxy for many income-enhancing interactions between countries.     

The Macroeconomic Consequences of Mixing Sunnis and Shias: A Bayesian Errors-in-Variables Approach

How damaging is the Sunni/Shia split to the economies of Islamic countries? Is it better to be one or the other? Or is it better to have an even balance between the two? Answering these questions is complicated by the fact that the data are often missing or imprecisely measured. We employ the technique of Bayesian data augmentation to circumvent these two problems, and find that properly controlling for these features in the data leads to drastically different conclusions than what is found using ordinary least squares. We find that there is nothing in the differential nature of Sunni or Shia Islam to make one more economically prosperous than the other. Nor do we find any support for the popular hypothesis that Sunnis and Shias cannot mix.     

我国广播电视事业发展与经济增长关系的实证研究

“十二五”是发展公共文化服务的大好时期,广播电视作为公共文化服务体系的重要组成部分越来越引起人们的关注.选取2007-2011年相关数据,对我国广播电视事业发展水平进行主成分分析,可知我国广播电视业五年来呈平稳发展趋势；采用回归模型对我国广播电视事业发展与经济增长关系进行实证研究,结果表明二者之间存在良性互动关系和单向因果关系.推动我国经济平稳较快增长,对繁荣我国广播电视事业具有重要意义.     

Foreign direct investment in Mexico Determinants and its effect on income inequality

By conducting panel data analysis across 32 federal entities in Mexico over the period 1994-2006, this paper studies the determinants of foreign direct investment (FDI) and its effect on income inequality within and between regions. We observe that the level of development and the size of the market have a direct relationship with FDI and therefore, they tend to increase the inequality gap between regions, but there is no evidence suggesting that it creates inequality within them.     

The French Communication Industry Defined and Analyzed through the Social Fabric Matrix,the Filiere Approach,and Network Analysis

This paper examines the relative impact of economic freedom, civil liberties, and political rights on growth. A system of three simultaneous equations is used to unearth the channels through which these institutional dimensions affect economic growth. These include greater efficiency and enlarged investment in physical and human capital. The sample contains 79 countries and six periods covering the years from 1976 to 2005. The results show that the three dimensions of institutional quality are important for economic growth either through a better allocation of resources or, indirectly, through the stimulation of investment in physical and human capital.     

西部开发与区域经济发展的若干理论问题

西部开发过程中需要进一步加强理论研究 ,充分发挥理论的指导作用。本文首先指出 ,西部开发是地区平衡发展的要求。其次西部地区要培养新的增长极 ,发展具有创新能力的行业和主导产业部门 ;要积极创建自己的高技术产业 ,实现超越发展。     

Using surveys of business perceptions as a guide to growth‐enhancing fiscal reforms

This paper assesses the merits of using business perceptions of growth constraints as a guide to growth‐enhancing fiscal policy reforms. Using endogenous growth models in which the government levies an income tax to provide public inputs to the production of private firms, the paper demonstrates that such perceptions of growth constraints may be misleading from a policy perspective. In particular, firms can be expected to systematically overestimate the growth‐enhancing effects of lower tax rates relative to public services and public capital, and underestimate the growth‐enhancing effects of greater provision of public capital relative to taxation and public services. In addition, we show that firms rank different public services and different types of public capital according to the actual costs they impose on firms. It is then shown that these theoretical predictions regarding how firms rank constraints correspond closely to the observed ranking of constraints by firms in the World Bank's Enterprise Surveys.     

国际分割生产条件下我国的出口增长问题

自2009年开始中国出口总额一直保持世界第一的排名。我国的出口以工业制成品为主,而制成品生产的主要特征是国际分割生产。本文对国际分割生产条件下我国出口增长现状和存在的问题进行深入分析,提出了通过提升我国出口质量,以促进我国出口增长的对策。认为我国亟需转变出口增长模式,提高出口产品的技术含量和质量,获得国际分割生产的技术效应,促进出口产业链和产业的升级。     

ECONOMIC GROWTH AND THE QUANTITY AND DISTRIBUTION OF EDUCATION: A SURVEY

Abstract The focus of this survey is to discuss different attempts at incorporating the distributional dimension of human capital into the theoretical and empirical growth framework. We present a series of models which deviate from the direct link between the aggregate or average level of human capital and economic growth in that they introduce the distribution of education as a new element in explaining the relationship under investigation. After surveying the theoretical literature, we present recent empirical work on the relation between economic performance and the average level, as well as the distribution of education, respectively.     

我国经济增长预测研究新探——基于分类变量的扩散指标法

基于分类变量的扩散指标方法是在Stock and Watson所提出的扩散指标法的基础上，利用变量之间的相似系数先对变量进行聚类分析，根据各变量的相似程度的大小分为几个变量子集，然后分别从变量子集中提取扩散指标。应用基于变量分类的扩散指标方法对我国经济增长的预测结果表明，同扩散指标法相比，该方法更加充分利用了原始数据中的有用信息，预测精度很高，因而是对经济增长进行预测的另一种有效方法。