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Environmental Policy and the Location of Foreign Direct Investment in China.
Ljungwall, Christer; Linde-Rahr, Martin - East Asian Bureau of Economic Research (EABER) - 2005
This paper introduces an environmental policy variable, i.e. the provincial pollution levy paid by an average firm, and measure its impact on the foreign investors' location decisions over the 1987 to 1998 period. We argue that less developed regions in China are more inclined to sacrifice...
Persistent link: https://www.econbiz.de/10009365057
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Capital account openness, political institutions and FDI in the MENA region: An empirical investigation
Gammoudi, Mouna; Cherif, Mondher - Institut für Weltwirtschaft (IfW) - 2015
authors use the System Generalized-Method-of-Moments (GMM) estimator developed for the dynamic panel model for a sample of 17 …
Persistent link: https://www.econbiz.de/10011185915
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Instrumental Variable Quantile Estimation of Spatial Autoregressive Models
Su, Liangjun; Yang, Zhenlin - East Asian Bureau of Economic Research (EABER) - 2007
the GMM estimators of Lin and Lee (2006) and Kelejian and Prucha (2006), the IVQR estimator is robust against … heteroscedasticity. Unlike the GMM estimators, the IVQR estimator is also robust against outliers and requires weaker moment conditions … conventional QML estimator without taking into account of heteroscedasticity in the errors; it also outperforms the GMM estimators …
Persistent link: https://www.econbiz.de/10009365175
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A New Global Index of Infrastructure: Construction, Rankings and Applications
Donaubauer, Julian; Meyer, Birgit; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2014
We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to cover the largest possible number of developing and developed countries over the period 1990-2010. We map major findings from the new...
Persistent link: https://www.econbiz.de/10010886848
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Through which channels can remittances spur economic growth in MENA countries?
Mim, Sami Ben; Ali, Mohamed Sami Ben - Institut für Weltwirtschaft (IfW) - 2012
This paper studies the remittances' effect on economic growth. Using panel data techniques, the authors estimate several specifications to provide support of such relationship for MENA countries over the period 1980-2009. The findings provide new robust evidence on how remittances are used in...
Persistent link: https://www.econbiz.de/10009646511
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Spatial-Temporal Dimensions of Efficiency among Electric Cooperatives in the Philippines
Lavado, Rouselle F.; Barrios, Erniel B. - East Asian Bureau of Economic Research (EABER) - 2008
The efficiency of 119 electric cooperatives in the Philippines from 1990-2002 is analyzed using a stochastic frontier model augmented with spatial-temporal terms, addressing the underestimation of technical efficiency usually encountered among maximum-likelihood based methods. The model is also...
Persistent link: https://www.econbiz.de/10009365176
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Asymptotics and Bootstrap for Transformed Panel Data Regressions
Su, Liangjun; Yang, Zhenlin - East Asian Bureau of Economic Research (EABER) - 2008
This paper investigates the asymptotic properties of quasi-maximum likelihood estimators for transformed random effects models where both the response and (some of) the covariates are subject to transformations for inducing normality, flexible functional form, homoscedasticity, and simple model...
Persistent link: https://www.econbiz.de/10009365235
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FDI and health in developed economies: a panel cointegration analysis
Herzer, Dierk; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2012
This paper examines the long-run effect of FDI on health in developed countries. Using panel cointegration techniques, we find a significant and negative long-run effect
Persistent link: https://www.econbiz.de/10009653070
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Cross-Border M&A Inflows and the Quality of Institutions : A Cross-Country Panel Data Analysis
Hur, Jung; Parinduri, Rasyad A.; Riyanto, Yohanes E. - East Asian Bureau of Economic Research (EABER) - 2007
This paper provides an empirical explanation to the observed disparity in cross-border M&A inflows to developing and developed countries over the last two decades. We show two main results. First, the disparity can be attributed to the difference in the quality of institutions between the two...
Persistent link: https://www.econbiz.de/10009363751
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FDI and Income Inequality: Evidence from a Panel of US States
Chintrakarn, Pandej; Herzer, Dierk; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2010
This study employs state-level panel data to explore the relationship between inward foreign direct investment (FDI) and income inequality in the United States. Using panel cointegration techniques that allow for cross-sectional heterogeneity, cross-sectional dependence, and endogenous...
Persistent link: https://www.econbiz.de/10008478301