In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost … advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998 …-2009. Between 1998 and 2003 China’s unit labor costs fell, but since 2003 they have increased both absolutely and relative to US …

. Therefore, in periods with inflation generous tax depreciation provisions do not adequately promote private investment as …

main characteristics of FEZs is the provision of generous tax investment promotion schemes solely allowed in this enclave …. In general such measures include: (a) profit tax exemption, (b) free or accelerated depreciation, (c) investment tax … allowance, (d) subsidy for investment costs, etc. The incentive e.ects of various tax concessions on firms’ investment decisions …

incentive effects of such reforms on the SMEs’ investment decisions adopting simple present value model. Ceteris paribus tax …

. Therefore, in an inflationary period generous tax depreciation provisions do not promote private investment as designed, but …

In the conventional literature related to investment decisions, less attention has been paid to the length of maturity … when investment is debt-financed. In such a case a firm pays the creditor not only the sum of annual interest (initial … investment cost multiplied by real interest rate) for the entire borrowing years but also the total amount of initial investment …

investment task. Moreover, emotions were explicitly measured, including anticipatory emotions experienced during the waiting … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …

contributions to and the allocation of a central budget. We explore the link between the allocation and nations’ contributions that … decreasing efficiency, which becomes more severe as the centralized budget increases. We also analyze partial ex-ante commitment … through alternative decision-making institutions: Both majority rule and exogenous tax rules can improve efficiency. …