The Impact of International Trade and FDI on Economic Growth and Technological Change

Viac o knihe

The book explores the interaction between economic globalization and technological change, focusing on their long-term implications for economic growth. It challenges traditional views by examining how globalization influences innovation and technology within firms, affecting national growth prospects. The author argues that protectionism can lead to dynamic losses in addition to static inefficiencies. Theoretical insights are backed by empirical studies on Spanish firms' technology transfer post-acquisition and the productivity effects of exporting for German manufacturers.