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Innovation is the major instigator in competitive industry. The competition for innovation is traditionally analyzed within the framework of deterministic and stochastic models (Reinganum, 1989). Boone (2001), Fethke and Birch (1982) have respectively analyzed the standard models of competitive...
Persistent link: https://www.econbiz.de/10010820813
The aim of this research was twofold: firstly to highlight how the current “hybridisation” of the academic and industrial rationales exerts its influence over the new production of young scientists; secondly to compare, between five OECD countries (USA, France, Great Britain, Japan and...
Persistent link: https://www.econbiz.de/10008791962
In this paper, we investigate the effects of fiscal episodes in Organization for Economic Cooperation and Development (OECD) donor countries on the distribution of their aid expenditures towards developing countries. We use descriptive statistics provided by Alesina and Ardagna (2010) on fiscal...
Persistent link: https://www.econbiz.de/10010899478
drop in investment and in the current account, in line with empirical evidence, only if the traded sector is more capital …
Persistent link: https://www.econbiz.de/10008855579
contractual relationships that link exports from Sub-Saharan Africa to China and investment by Chinese firms in Sub-Saharan Africa … combine trade, aid and investment, which may create 'lock-in' effects. China's trade and investment focus on the commodities …, especially in oil-exporting countries. Chinese investment, however, increasingly involves other sectors, such as the …
Persistent link: https://www.econbiz.de/10009353553
run contemporaneous elasticities of investment with respect to interest rate through the user cost and through debt …
Persistent link: https://www.econbiz.de/10010738572
adjustment costs on investment. …
Persistent link: https://www.econbiz.de/10010750394
Complicated neoclassical models predict that if investment is sensitive to current financial performance, this is a …, refers to the principle of "growth of the fitter" to explain investment-cash flow sensitivities as the workings of a healthy …
Persistent link: https://www.econbiz.de/10010750396
This paper presents a comparable set of results on the monetary transmission channels on firm investment (the interest … those countries,investment relationships are estimated explaining investment by its user cost, sales and cash flow.A first … result is that investment is sensitive to user cost changes in all those four countries. Thisimplies an operative interest …
Persistent link: https://www.econbiz.de/10010750630
In this paper we present comparable results on the determinants of firms' investment and their link to monetary policy …
Persistent link: https://www.econbiz.de/10010750645