Showing 1 - 10 of 37
This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and...
Persistent link: https://www.econbiz.de/10004963785
The integration of emerging markets into the global economy is heavily promoted by foreign direct investment (FDI) inflows. Within the factors driving the location of FDI, regional trade agreements (RTAs) become increasingly relevant for emerging markets. We explore the impact of South-South...
Persistent link: https://www.econbiz.de/10011203027
This paper analyses how international outsourcing has affected the relative demand for low skilled workers in Germany during the 1990s. In contrast to previous empirical work, the single elements of the input-output-matrix are used to disentangle international outsourcing and trade in final...
Persistent link: https://www.econbiz.de/10005069051
, consumption, traded volumes, and prices between the scenarios. Investments in pipelines, LNG terminals and storage are also …
Persistent link: https://www.econbiz.de/10008461825
trade ows and investments in production and transport infrastructure until 2030. "COALMOD-World" is an equilibrium model … analysis is until 2030, in 5-year steps. Production costs change endogenously over time. Moreover, endogenous investments are … included based on a net present value optimization approach and and the shadow prices of capacities constraints. Investments …
Persistent link: https://www.econbiz.de/10008671253
Despite political activities to foster a low-carbon energy transition, Germany currently sees a considerable number of new coal power plants being added to its power mix. There are several possible drivers for this "dash for coal", but it is widely accepted that windfall profits gained through...
Persistent link: https://www.econbiz.de/10008794539
greenfield investments (GIs) and mergers and acquisitions (M&As). The findings indicate that market size and trade relationships …
Persistent link: https://www.econbiz.de/10011276388
in both regions. We find similarities as well as differences in the driving forces of private equity investments in …
Persistent link: https://www.econbiz.de/10010783950
This paper examines the impact of outward foreign direct investment (OFDI) on domestic investment by applying co-integration techniques to macroeconomic time series data for the United Sates and Germany. We show that the two countries differ: In the case of the US, OFDI has positive long-run...
Persistent link: https://www.econbiz.de/10004963610
In this paper we investigate the analytical and empirical linkages between firms' capital investment behavior and financial frictions arising from asymmetric information, proxied by firms' liquidity and degree of uncertainty. Measures of intrinsic and extrinsic uncertainty are derived from...
Persistent link: https://www.econbiz.de/10004963877