Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/107697 
Year of Publication: 
2015
Series/Report no.: 
Kiel Working Paper No. 1990
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels through which major emerging economies (BRICs, i.e., Brazil, Russian Federation, India and China) could catch up with advanced source countries in terms of total factor productivity (TFP). We find that the importance of these transmission mechanisms depends on the BRICs' local capacity to absorb superior technologies and on domestic investment.
Subjects: 
total factor productivity
imports
foreign direct investment
absorptive capacity
BRICs
JEL: 
F14
F21
O47
Document Type: 
Working Paper

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