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As a unified discipline, econometrics is still relatively young and has been transforming and expanding very rapidly over the past few decades. Major advances have taken place in the analysis of cross sectional data by means of semi-parametric and non-parametric techniques. Heterogeneity of...
Persistent link: https://www.econbiz.de/10005405817
significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …
Persistent link: https://www.econbiz.de/10010877871
We demonstrate that the choice of the transfer price and its effect on intra-firm trade and investment depends on the …
Persistent link: https://www.econbiz.de/10010948897
-period world with identical homothetic preferences and without investment, the global interest rate falls and the Green Paradox … weakens. With investment or a relatively more impatient oil-importing region, the Green Paradox may be strengthened because …
Persistent link: https://www.econbiz.de/10011264741
There is a lack of clear evidence of the ways in which dividend taxation affects dividend distributions and investment …
Persistent link: https://www.econbiz.de/10005013938
The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief …
Persistent link: https://www.econbiz.de/10005013955
to invest compared to autarky. The investment levels remain inefficient though. With generation facilities over-investment … occurs sometimes, while systematic under-investment occurs for transportation facilities. Free-riding reduces the incentives … investment. …
Persistent link: https://www.econbiz.de/10010556079
In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degreee of tax policy uncertainty. This is … that reducing tax policy uncertainty is probably no magic bullet to increase private investment spending …
Persistent link: https://www.econbiz.de/10005765662
The macroeconomic effects on growth, investment and private sector employment of different ways of rolling back the … cutting public spending on private goods induce an investment boom. Making the tax system less progressive by cutting tax … credits and the income tax rate induces an investment boom as well. The effects of endogenous growth, adjustment costs for …
Persistent link: https://www.econbiz.de/10005765987
When investment is irreversible, theory suggests that firms will be “reluctant to invest.” This reluctance creates a … wedge between the discount rate guiding investment decisions and the standard Jorgensonian user cost (adjusted for risk). We …
Persistent link: https://www.econbiz.de/10005766040