Showing 1 - 10 of 295
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 fixed investment is specified and estimated, with output and the …
Persistent link: https://www.econbiz.de/10014396320
This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign … direct investment for the Middle East and North Africa (MENA) countries, which generally have higher investment risk than …
Persistent link: https://www.econbiz.de/10014401431
This paper summarizes the theory and empirical evidence on the determinants of foreign direct investment. These … explanations of foreign direct investment receive some empirical support, there is not sufficient favorable evidence on any one of …
Persistent link: https://www.econbiz.de/10014396385
This paper shows that the presence of quotas on imported inputs that are based on installed capacity can lead to capacity underutilization in manufacturing industries of developing countries. A replacement of such quotas, by tariffs leads to full capacity utilization under assumptions of both...
Persistent link: https://www.econbiz.de/10014396017
This paper develops a model of an open economy which employs distortionary taxes to finance public consumption, and with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports and the accompanying set of taxes. A distinction is made...
Persistent link: https://www.econbiz.de/10014395795
This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …
Persistent link: https://www.econbiz.de/10014396226
results from the requirement that non-traded inputs are used in the investment process. In the short-run, though, the effects …
Persistent link: https://www.econbiz.de/10014396304
This paper explores the nature, significance and policy implications of spillovers in international corporate taxation-the effects of one country's rules and practices on others. It complements current initiatives focused on tax avoidance by multinationals, notably the G20-OECD project on Base...
Persistent link: https://www.econbiz.de/10014410572
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395944
The incentives for domestic investment in debtor countries are influenced by the terms of their external obligations … debt contracts could be altered to improve the incentives for investment but this has proven difficult to accomplish …
Persistent link: https://www.econbiz.de/10014396221