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WORKING PAPER 79 | China: Long-Term Development Issues and Options, Past and Present
This paper takes off from a 1985 World Bank report entitled China: Long-Term Development Issues and Options. The first part of the paper briefly revisits that report – why it was produced, and how well its analysis has stood up to the test of time. The second and main part of the paper also looks at
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WORKING PAPER 78 | Trade in Intangibles and A Global Value Chain-based View of International Trade and Global Imbalances
This paper aims to develop a framework for the measurement of global trade that integrates trade-in-intangibles and trade-in-goods and services in the context of globalisation, and applies it for the analysis of global trade imbalance. Through in-depth discussions of the five modes through which trade-in-tangibles are carried out, it develops an integrated framework from the
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WORKING PAPER 77 | Competition, Openness and Innovation in Emerging Economies: The Roles of Technology and Ownership
This paper examines innovation response of firms with different technology and ownership to domestic and openness-induced competition in emerging transition economies. Using a firm-level panel dataset from China and linked trade tariff data for the period 1998-2010, we find that an inverted-U relationship between domestic competition and innovation regardless of levels of technology and types
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WORKING PAPER 76 | MNEs’ Contribution to Sustainable Energy and Development: the case of ‘Light for All’ Program in Brazil
Access to affordable and sustainable energy is crucial for the improvement of the well-being of modern societies. Most energy technologies require comparatively high up-front investment which adds to the challenge of electrification, despite the recognized multiple benefits. Partnership with multinational enterprises (MNEs) can provide necessary investment in infrastructure, finance and technology for renewable energy and
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WORKING PAPER 75 | When Do Firms Undertake International Open Innovation?
In this study, we examine the characteristics of firms and their surrounding environment and investigates their likelihood to develop the international openness in innovation. Our survey contains data on 1,408 manufacturing firms’ in China which conduct open innovation activities, and the research span extends from 2005 through 2007. Using the Heckman model, we examine the
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WORKING PAPER 74 | MNEs, Local Capability Building and Development: Chinese and European MNEs in Ghana
Economic and human development have long been the focus of international development practice and study. While the more traditional approaches of international development such as aid still play an important role, recent frontiers of development research have argued economic growth as a fundamental mechanism for poverty reduction and human development. The direct and indirect effects of
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WORKING PAPER 72 | Innovation, informality, and firms’ growth in low-income countries
Despite the high profile of the issue in current policy formulations in low-income countries (LICs), there is little empirical evidence on innovativeness and firm performance in formal and informal establishments. This paper aims to fill this gap in the literature using a revised Crépon-Duguet-Mairesse (CDM) structural model to analyse data from a unique innovation survey
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WORKING PAPER 71 | The Innovation Effects of ICT adoption in Ghana
Based on a sample of 523 manufacturing firms from Ghana, this study tries to uncover the direct and indirect innovation impacts of adopting ICT as a knowledge acquisition channel. The findings reveal that ICT as a source of innovation increases the likelihood of firms to become an innovator. For knowledge acquisition purpose, the adoption of
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WORKING PAPER 70 | The Impact of China-Africa Trade on the Productivity of African Firms: Evidence from Ghana
Using both firm-level and industrial-regional panel analysis, this study investigates the impact of the Ghana-China trade engagement on the total factor productivity of Ghanaian manufacturing firms and compares that to the impact induced by Ghana-OECD trade. The main findings suggest that there have been evident learning effects emerging after the Ghanaian manufacturing firms engaged in
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WORKING PAPER 69 | Multi-dimensional Complementarities and the Growth Impact of Direct Investment from China on Host Developing Countries
This paper examines the growth impact of Chinese outward foreign direct investment (OFDI) on economic growth in host developing countries. Our results show that the net growth effect of Chinese OFDI is determined by the multi-dimensional complementarities between the FDI and the host economies. Chinese OFDI appears to have a significant positive impact on the
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