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  • Research Summary

Spatial Agglomeration and Superstar Firms

By: Laura Alfaro
We characterize the agglomeration patterns of industries and plants in Europe, distinguishing Eurozone countries and the United States. Using a micro-level index, we quantify the degree of geographic concentration in industrial activities and explore how firm... View Details
  • Research Summary

FDI and Economic Growth: The Role of the Local Financial Markets (joint with Areendam Chanda, Sebnem Kalemli-Ozcan, Selin Sayek)

By: Laura Alfaro
In this paper, we examine the various links among foreign direct investment (FDI), financial markets, and economic growth. We explore whether countries with better financial systems can exploit FDI more efficiently. Empirical analysis, using cross-country data between... View Details
  • Research Summary

Capital flows in a Globalized Economy: The Role of Policies and Institutions (joint with Sebnem Kalemli-Ozcan and Vadym Volosovych)

By: Laura Alfaro
We describe the patterns of international capital flows in the period 1970-2000. We then examine the determinants of capital flows and capital flow volatility during this period. We find that institutional quality is an important determinant of capital flows.... View Details
  • Research Summary

International Financial Integration and Entrepreneurship (joint with Andrew Charlton)

By: Laura Alfaro
We explore the relation between international financial integration and the level of entrepreneurial activity in a country. Researchers have stressed the role of new firm activity and economic dynamism on growth. Yet, the empirical effects of international capital... View Details
  • Research Summary

Multinationals and Linkages: an Empirical Investigation (joint with Andres Rodriguez-Clare)

By: Laura Alfaro
Several recent papers have used plant-level data and panel econometric techniques to carefully explore the existence FDI externalities. One conclusion that emerges from this literature is that it is difficult to find evidence of positive externalities from... View Details
  • November 1999
  • Article

Why Governments Implement Temporary Stabilization Programs

By: Laura Alfaro
Keywords: Government and Politics
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  • October 3, 2010
  • Guest Column

Objetivos de Desarrollo del Milenio. Mezcla de buena voluntad, esfuerzo y perseverancia

By: Laura Alfaro
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  • March 28, 2011
  • Guest Column

Modelo de excelencia en la gestión pública costarricense

By: Laura Alfaro
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  • August 19, 2012
  • Guest Column

Perspectiva del modelo de desarrollo costarricense

By: Laura Alfaro
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  • April 2003 (Revised February 2008)
  • Teaching Note

Botswana: A Diamond in the Rough (TN)

By: Laura Alfaro
Teaching Note for (9-703-027). View Details
Keywords: Botswana
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  • April 2001 (Revised May 2002)
  • Case

Brazil: Embracing Globalization?

By: Laura Alfaro
In 2001, Brazil stands at a crossroads. The country seems to be emerging from decades of economic stagnation. The economic situation remains tenuous, however, Brazil's leaders must now chart a forward course. Most critically, they must decide whether Brazil's future... View Details
Keywords: Developing Countries and Economies; Development Economics; Economic Slowdown and Stagnation; Cooperation; Globalized Economies and Regions; Cost vs Benefits; Brazil
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  • 29 Aug 2024
  • News

Liz and the LASH

  • 22 Aug 2024
  • News

The Real Culprit in Britain’s Bond Meltdown

  • 12 Dec 2023
  • News

U.S. Companies Are Finding It Hard to Avoid China

  • 02 Oct 2023
  • News

How China-West Tensions Will Shape Global Markets

  • 26 Sep 2023
  • News

Mexico and Vietnam’s Role in Global Supply Chain Reshuffle

  • 05 Sep 2023
  • News

Don Kohn’s Reflections on Jackson Hole 2023

  • 26 Aug 2023
  • News

Trump, Biden Policies Shifted Trade from China at a Cost, Study Shows

  • 30 Sep 2008
  • First Look

First Look: September 30, 2008

competition effect whereby increasing rivalry shapes, and often decreases, incentives to expend effort and invest in innovation; and 2) a parallel search effect whereby adding greater numbers of "searchers" benefits innovation View Details
Keywords: Martha Lagace
  • 02 Jun 2010
  • First Look

First Look: June 2

federal center and provincial governments, relations between the state and big business, economic policy, and models of economic development. Purchase this case:http://cb.hbsp.harvard.edu/cb/product/710030-PDF-ENG Foreign Direct Investment and Ireland's Tiger Economy... View Details
Keywords: Martha Lagace