6,838 research outputs found

    A metric of Yukawa potential as an exact solution to the field equations of general relativity

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    It is shown that, by defining a suitable energy momentum tensor, the field equations of general relativity admit a line element of Yukawa potential as an exact solution. It is also shown that matter that produces strong force may be negative, in which case there would be no Schwarzschild-like singularityComment: Latex 4 pages (some changes in notation, and a discussion on a repulsive term that may be related to the charge of a particle

    Capital Account Liberalization and Foreign Direct Investment

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    We examine the impact of capital account policies on FDI inflows. Using an annual panel dataset of 83 developing and developed countries for 1984-2000, we find that capital account openness is positively but only very moderately associated with the amount of FDI inflows after controlling for other macroeconomic and institutional measures. To a large extent, other country characteristics seem to determine FDI inflows instead of capital account policies. Furthermore, we find that capital controls are easily circumvented in corrupt and politically unstable regimes. We conclude that liberalizing the capital account is not sufficient to generate increases in inflows unless it is accompanied by a lower level of corruption or a decrease in political risk.Foreign direct investment, capital controls, capital flows, capital account liberalization

    Is Foreign Direct Investment Good for Growth? Evidence from Sectoral Analysis of China and Vietnam

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    We estimate the impact of FDI on growth using sectoral data for FDI inflows to China and Vietnam. Previous empirical studies, using either cross-country growth regressions or firm-level micro-econometric analysis, fail to reach a consensus. Our paper is the first to use sectoral FDI inflow data to evaluate the sector-specific impact of FDI on growth. Our results show that, for the two developing-transition economies we examine, FDI has a statistically-significant positive effect on economic growth operating directly and through its interaction with labor. Intriguingly, we find the effects seem to be very different across economic sectors, with almost all the beneficial impact limited to industrial sector. Other sectors appear to gain very little growth benefit from sector-specific FDI.Foreign direct investment, growth, China, Vietnam

    Hitting Pause on Organic Chemistry

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    Written procedures for performing organic chemistry experiments are replaced by visual demonstrations that allow students to watch these videos at home and/ or in the laboratory. These previously recorded demonstrations allow students to watch, pause, and rewind the video to better understand laboratory techniques

    Assessing alternative poverty proxy methods in rural Vietnam

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    This paper compares and contrasts the use of four "short-cut" methods for identifying poor households: the poverty probability method; ordinary least squares regressions; principal components analysis; and quantile regressions. After evaluating these four methods using two alternative criteria (total and balanced poverty accuracy) and representative household survey data from rural Vietnam, it is concluded that the poverty probability method-which can correctly identify around four-fifths of poor and non-poor households-is the most accurate "short-cut" method for measuring poverty for specific subpopulations, or in years when household surveys are not available. The performance of the poverty probability method was then tested with different poverty lines and using an alternative household survey, and found to be robus
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