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Taxation, Business Environment and FDI Location in OECD Countries

Hajkova, Dana; Nicoletti, Giuseppe; Vartia, Laura; Yoo, … - Economics Department, Organisation de Coopération et … - 2006

This paper assesses the importance of taxation on foreign direct investment contributing to the literature in two ways. First, it relates bilateral FDI among OECD countries over the 1990s to a new set of estimates of corporate tax wedges that include many relevant aspects of FDI taxation....

Persistent link: https://www.econbiz.de/10005045668

Policies and International Integration: Influences on Trade and Foreign Direct Investment

Nicoletti, Giuseppe; Golub, Steve; Hajkova, Dana; … - Economics Department, Organisation de Coopération et … - 2003

This paper assesses the importance of border and non-border policies for global economic integration. The focus is on four widely-advocated policies: removing explicit restrictions to trade and FDI; promoting domestic competition; improving the adaptability of labour markets; and ensuring...

Persistent link: https://www.econbiz.de/10005045755

Regulation and Economic Performance: Product Market Reforms and Productivity in the OECD

Nicoletti, Giuseppe; Scarpetta, Stefano - Economics Department, Organisation de Coopération et … - 2005

This paper assesses the implications of past and ongoing reforms in OECD product markets for the labour productivity gap, a key component of cross-country differences in GDP per capita. After a brief review of the theoretical literature, we bring together the results obtained in some of our...

Persistent link: https://www.econbiz.de/10005046110

GMM with Many Moment Conditions

Phillips, Peter C. B.; Han, Chirok - Econometric Society - 2004

This paper provides a first order asymptotic theory for generalized method of moments (GMM) estimators when the number … regularity conditions, the GMM estimators are shown to converge in probability but not necessarily to the true parameter. A … not correspond to the true parameter. Conditions under which GMM estimators are consistent under such circumstances are …

Persistent link: https://www.econbiz.de/10005342348

A Multi-Level Panel Smooth Transition Autoregression for US Sectoral Production

Franses, P.H.; Fok, D.; Dijk, D. van - Econometric Society - 2004

Macroeconomic time series are often obtained as an aggregate across regions or economic sectors. Even when the ultimate goal is to forecast the aggregate series it may be beneficial to consider the underlying disaggregate series. This especially holds when the disaggregate series are generated...

Persistent link: https://www.econbiz.de/10005130166

Subsampling Hypothesis Tests for Nonstationary Panels with Applications to the PPP Hypothesis

Chu, Timothy; Choi, In - Econometric Society - 2004

This paper studies subsampling hypothesis tests for panel data that are possibly nonstationary, and cross-sectionally correlated and cross-sectionally cointegrated. The tests include panel unit root and cointegration tests as special cases. The number of cross-sectional units in the panel data...

Persistent link: https://www.econbiz.de/10005328871

Assesment of the relationship between Inequality and Economic Growth: A panel Data Approach

Diaz, Araceli Ortega - Econometric Society - 2004

The relationship between income distribution and economic growth has been found to depend on several factors such as capital markets imperfections, moral hazard, indivisibility in investments, and existence of dual economic characteristics. In recent literature the importance of geography has...

Persistent link: https://www.econbiz.de/10005328905

Estimating the causal effect of income on health: Evidence from post-reunification Germany

Shields, Michael A.; Frijters, Paul; Haisken-DeNew, John - Econometric Society - 2004

In this paper we investigate if there was a causal effect of changes in current and 'permanent' income on the health of East Germans in the years following reunification. Reunification was completely unanticipated and therefore can be seen as a providing some exogenous variation, which resulted...

Persistent link: https://www.econbiz.de/10005063665

Industry Restructuring and Absenteeism. A Micoreconomteric Analysis Using Matched Employer-Employee Data.

Vaage, Kjell; Grasdal, Astrid; Salvanes, Kjell G. - Econometric Society - 2004

Sickness incidence and recovery are likely to be affected not only by characteristics of individual workers, but also by the conditions under which they work. Large register data bases have been available for researchers in several countries for some years now, allowing detailed research on how...

Persistent link: https://www.econbiz.de/10005063672

Post-Crisis Changes in Banking and Corporate Landscapes: The Case of Thailand

Molnár, Margit - Economics Department, Organisation de Coopération et … - 2003

This study investigates the relative importance of factors shaping banking and corporate landscapes in Thailand after 1997 through an empirical analysis of micro-data of Thai banks and firms. The results of the analysis of the bank data show that the deceleration of bank credit growth is mainly...

Persistent link: https://www.econbiz.de/10005045673

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