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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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The paradox of monetary profits: an obstacle to understanding financial and economic Crisis?
Bruun, Charlotte; Heyn-Johnsen, Carsten - Institut für Weltwirtschaft (IfW) - 2009
financial spheres. The monetary profit inducing capitalist production, emanates from the sphere of finance. In a world of …
Persistent link: https://www.econbiz.de/10008479049
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Poolability and the finance-growth nexus: a cautionary note
Schiavo, Stefano; Vaona, Andrea - Institut für Weltwirtschaft (IfW) - 2006
The present contribution tests whether countries can be pooled when studying the financegrowth nexus. Overall, our results point toward a ‘pragmatic’ positive answer, though considerable heterogeneity is present among developing countries.
Persistent link: https://www.econbiz.de/10005755203
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Foreign direct investment, access to finance, and innovation activity in Chinese enterprises
Girma, Sourafel; Gong, Yundan; Görg, Holger - Institut für Weltwirtschaft (IfW) - 2008
recent firm level database. We pay particular attention to the impact of domestic access to finance. Our results show that … engage in own R&D or if they have good access to domestic finance. However, access to finance only plays a role for private … little significance for SOEs and is also independent of their access to finance. By contrast, it is an important channel …
Persistent link: https://www.econbiz.de/10005818806