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Transformación económica desde la óptica fiscal. ¿Puede existir un equilibrio entre el corto, mediano y largo plazo para fomentar el desarrollo?

Valdivia, Daney; Loayza, Lilian - Volkswirtschaftliche Fakultät, … - 2012

This paper computes the fiscal stance in a small open economy and asses its position to relevant macroeconomic variables in order to protect the macroeconomic stability and promote development. Since 2006 change in income and tax structure shifts the implementation of fiscal policy, increasing...

Persistent link: https://www.econbiz.de/10011258610

U.S. Regional Population Growth 2000-2010: Natural Amenities or Urban Agglomeration?

Rickman, Dan S.; Wang, Hongbo - Volkswirtschaftliche Fakultät, … - 2015

Using a spatial hedonic growth model, this paper empirically examines the relative roles of natural amenities and urban agglomeration economies as determinants of U.S. regional growth patterns from 2000 to 2010. Natural amenities and urban agglomeration are measured using the USDA Economic...

Persistent link: https://www.econbiz.de/10011112539

Un Estudio Espacial sobre la Pobreza Municipal en Bolivia

Vargas, Martin - Volkswirtschaftliche Fakultät, … - 2004

In this work we will analyze the spatial correlation of poverty and inequality (FGT0 and FGT1) in Bolivia using data at municipal level, we also study the determinants of poverty using a spatial autoregressive model (SAR).

Persistent link: https://www.econbiz.de/10005836470

Agency Conflicts, Expropriation and Firm Value: Evidence from Securities-Market Regulation in China

Henk, Berkman; Rebel, Cole; Fu, Lawrence - Volkswirtschaftliche Fakultät, … - 2005

In this study, we examine the wealth effects of regulatory changes intended to improve corporate governance by protecting minority shareholders from expropriation by controlling shareholders. Using data from publicly traded Chinese firms, we find that these new regulations significantly...

Persistent link: https://www.econbiz.de/10011260290

China's Regional Convergence in Panels with Multiple Structural Breaks

Matsuki, Takashi; Usami, Ryoichi - Volkswirtschaftliche Fakultät, … - 2007

This study investigates the existence of regional convergence of per capita outputs in China from 1952 …’s provincial real per capita outputs to examine the regional convergence in China. To obtain the p-values of unit root tests for … Carlo simulation. The results obtained from this study reveal that the convergence of the provincial per capita outputs …

Persistent link: https://www.econbiz.de/10005621418

Political connections and minority-shareholder protection: Evidence from securities-market regulation in China

Berkman, Henk; Cole, Rebel; Fu, Lawrence - Volkswirtschaftliche Fakultät, … - 2008

We examine the wealth effects of three regulatory changes designed to improve minorityshareholder protection in the Chinese stock markets. Using the value of a firm’s related-party transactions as an inverse proxy for the quality of corporate governance, we find that firms with weaker...

Persistent link: https://www.econbiz.de/10005622187