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investment and economic growth. We provide empirical support for our theoretical analysis using panel data from the Penn World …, but can also enhance investment and economic growth. The positive impact on economic growth, however, disappears when we … control the impact through investment. …
Persistent link: https://www.econbiz.de/10009364008
spending cuts and productivity improvements, tax reforms, and asset sales. We find that a policy that reduces the cost of …-targeted spending on infrastructure to deliver long run productivity improvements. Given New Zealands longer term growth challenge, any … fiscal efforts to stabilise the economy and avoid a more severe recession should have productivity at the centre of the …
Persistent link: https://www.econbiz.de/10009363981
Globalization and pressure from increased competition have led to splintering of in-house services from formerly integrated manufacturing firms in developed economies and, at the same time, to an increase in outsourcing of these same services. These two trends have caused a stronger linkage in...
Persistent link: https://www.econbiz.de/10009365336
economy, there has been a tragic neglect of low end human capital investment for productivity gains in mass manufacturing …
Persistent link: https://www.econbiz.de/10009363642
employs Levinsohn and Petrin’s (2003) semi-parametric estimation of total factor productivity (TFP) using firm-level panel …Does financial health shore up firm productivity? This paper empirically investigates this question and presents … productivity as another driving factor in translating financial development into real economic progress. Our empirical framework …
Persistent link: https://www.econbiz.de/10011134329
Australia’s foreign investment regime plays an important role in Australia maintaining an open investment environment … while providing the Australian community confidence that new investment projects are in the interest of the community. Until … 2005, the foreign investment regime treated all investment sources on a non-discriminatory basis but since then some …
Persistent link: https://www.econbiz.de/10011277978
possibility of closing such gaps and linking the two regions through various trade and investment initiatives. The opportunities …
Persistent link: https://www.econbiz.de/10009363315
This paper summarizes the conceptual rationale for investment liberalization to fully exploit the potential of regional … trading arrangements. It goes on to examine the treatment of investment in emerging FTAs/RTAs in the Asia-Pacific region and … the specific investment provisions and their consistency with the existing multilateral provisions on investment, viz …
Persistent link: https://www.econbiz.de/10009363399
dynamics of cross border trade and investment in South Asia, exploring the potential for, and obstacles to, such trade through …
Persistent link: https://www.econbiz.de/10009363407
Agreements are seen as an option in creating a stable economy and in creating an environment attractive for investment. However …
Persistent link: https://www.econbiz.de/10009363418