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Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on …
Persistent link: https://www.econbiz.de/10005013038
. Further, while during earlier parts of our sample both a slowdown in consumption and investment growth contribute to a … reduction of GDP growth, during later parts, only the investment reaction contributes to the GDP slowdown. A variance … to later parts of the sample, while the corresponding decomposition for investment growth reveals an increase in the role …
Persistent link: https://www.econbiz.de/10009371360
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010748306
The European Union (EU) accepted ten new member states (NMS) in 2004. These countries, mostly former socialist countries, have had to adjust their economic policies to the EU’s standards. Perhaps most difficult has proven to be fiscal policy whereby NMS must comply with the Stability and...
Persistent link: https://www.econbiz.de/10005094350
While the US experienced two successive labor productivity surges in 1995 and 2000, Germany’s productivity declined … dramatically during the same period. We examine the sources of Germany’s productivity demise using the ifo industry growth … accounting database that provides detailed industry-level investment information. While much attention has focused on the …
Persistent link: https://www.econbiz.de/10005181228
types in 52 different industries. The industry sources of productivity and output growth are crucial to the understanding of …
Persistent link: https://www.econbiz.de/10005181234
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