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reforms, and commitment to macroeconomic discipline are crucial determinants of the growth dividends of FDI. Our paper …What accounts for variations in FDI flows from advanced to developing countries? How have FDI inflows explained cross …-country growth experiences? In this paper we tackle both these questions empirically for a large sample of middle and low …
Persistent link: https://www.econbiz.de/10014402678
located far away. Firm optimisation then leads less productive firms to self-select themselves for FDI. We test this …
Persistent link: https://www.econbiz.de/10014403090
This paper examines the behavior of business fixed investment in the United States in the 1980s. A background discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the empirical analysis. A standard neoclassical model of business...
Persistent link: https://www.econbiz.de/10014396320
Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the … paper applies the identification through heteroskedasticity methodology to estimate the effect of openness on growth while … properly controlling for the effect of growth on openness. The results suggest that openness would have a positive effect on …
Persistent link: https://www.econbiz.de/10014401435
This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
Persistent link: https://www.econbiz.de/10014403325
The export performance of the French economy relative to its own past and relative to a major trading partner, Germany, has deteriorated. The risk analysis indicates that French firms have seen a significant improvement in the corporate health, and seem resilient to the recent financial shock...
Persistent link: https://www.econbiz.de/10014404491
U.S. shocks explain a large part of French output common components. This paper analyzes the economic implications of two alternative welfare financing reforms: a reduction in payroll taxes funded by an increase in consumption taxes, and the other funded by a new levy on business value added....
Persistent link: https://www.econbiz.de/10014404706
This Selected Issues paper analyzes the recent French inflation behavior. The paper demonstrates that the recent change in French headline inflation behavior resulted from a few idiosyncratic, i.e., transient, factors. The paper describes the model setup and calibration of some crucial economic...
Persistent link: https://www.econbiz.de/10014405771
This Selected Issues paper analyzes the performance of French banks and the financial support measures taken by the French government. France has a large and sophisticated financial system, which accounts for 10 percent of the global banking system and 5 percent of global capital markets. This...
Persistent link: https://www.econbiz.de/10014406033
This Selected Issues paper first explains the recent increase in trend growth and then discusses how labor market and … tax policies could best sustain it. This study calculates French trend growth estimating simultaneously a Cobb …–Douglas production technology and total factor productivity. The main conclusion is that French trend growth indeed increased during the …
Persistent link: https://www.econbiz.de/10014406168