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Much academic attention has been given to the so-called carbon outsourcing hypothesis: the idea that increased outputs and exports of energy intensive goods from developed countries, especially China,...
Do multinational companies generate positive externalities for the host country? The evidence so far is mixed varying from beneˉcial to detrimental e®ects of FDI on growth, with many studies tha...
This paper analyzes how different legal and financial systems affect the composition of loan syndicates, and how the composition, in turn, affects loan pricing. In contrast with previous work on the a...
In 1997, the Mexican government reversed long-standing policies and allowed foreign banks to purchase Mexico's largest commercial banks and relaxed restrictions on the founding of new, foreign-owned b...
We examine in this paper the differential response of establishments to the global financial crisis, with particular emphasis on the role of foreign direct investment (FDI) in determining micro econom...
What is the impact of foreign bank entry on the pricing and availability of credit in developing economies? The Mexican banking system provides a quasi-experiment to address this question because in 1...
This paper theoretically and empirically analyzes the effect of strengthening intellectual property rights in developing countries on the level and composition of industrial development. We develop a ...
We use oil price fluctuations to construct a new instrument to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous varia...
This paper develops a spatial dynamic model to assess the total-factor-productivity (TFP) effects of externalities generated by foreign direct investment (FDI). The model is capable of disentangling T...
Debt Service and Foreign Assistance: An Analysis of Problems and Prospects in Less Developed Countries。
This paper examines the dynamic causal relationship between carbon dioxide emissions, energy consumption, economic growth, foreign trade and urbanization using time series data for the period of 1960-...
This study considers the multivariate segmentation procedure under the assumption of the multivariate Gaussian mixture. Jensen-Shannon divergence between two multivariate Gaussian distributions is emp...
This article presents the response of the author on the comments from Sebastian Edwards on an article regarding the economic development and minimization of foreign-resource requirements in underdevel...
The article discusses the promulgation of "Guidance on the Supervision of Risk from Derivative Product Business Conducted by Foreign Banks (Trial)" by the Banking Regulatory Commission in China. It is...

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