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former USSR countries at the macro level. …
Persistent link: https://www.econbiz.de/10012439370
Persistent link: https://www.econbiz.de/10001761628
An industrial policy of subsidizing physical capital investment has been utilized in many countries in order to encourage export growth and spread economic development to outlying areas. For Israel, we possess a unique time series-cross section micro data set that details investment and its...
Persistent link: https://www.econbiz.de/10013218901
In a recent article in this Journal, Robin Boadway has argued that the appropriate requirement for neutrality is that the present value of the returns from an initial investment of [1pound], using the social discount rate, should be equal for all projects undertaken at the margin. We have few...
Persistent link: https://www.econbiz.de/10013231001
An industrial policy of subsidizing physical capital investment has been utilized in many countries in order to encourage export growth and spread economic development to outlying areas. For Israel, we possess a unique time series-cross section micro data set that details investment and its...
Persistent link: https://www.econbiz.de/10012472025
This paper investigates the divisional investment policies of diversified firms. We find that investment of the smallest division of diversified firms is significantly related to the cash flow of the other segments. We then show that the smallest division's investment is more sensitive to the...
Persistent link: https://www.econbiz.de/10012473206
In a recent article in this Journal, Robin Boadway has argued that the appropriate requirement for neutrality is that the present value of the returns from an initial investment of [1pound], using the social discount rate, should be equal for all projects undertaken at the margin. We have few...
Persistent link: https://www.econbiz.de/10012478653
This paper investigates the divisional investment policies of diversified firms. We find that investment of the smallest division of diversified firms is significantly related to the cash flow of the other segments. We then show that the smallest division's investment is more sensitive to the...
Persistent link: https://www.econbiz.de/10012774975
positions in global value chains. In this paper we analyse the relative contribution of R&D to the efficiency (productivity) on …; physical capital shows the opposite effect. The distribution of efficiency across industries shows remarkably different … share of labour with tertiary education at the national level showed a strong positive correlation with efficiency, while …
Persistent link: https://www.econbiz.de/10011890473
Persistent link: https://www.econbiz.de/10003805906