Showing 1 - 10 of 2,039
This paper considers two empirical questions about tax incentives: (1) are incentives used as tools of tax competition and (2) how effective are incentives in attracting investment? To answer these, we prepared a new dataset of tax incentives in over 40 Latin American, Caribbean and African...
Persistent link: https://www.econbiz.de/10008528617
We examine the cyclical properties of development aid using bilateral data for 22 donors and over 100 recipients during 1970?2005. We find that bilateral aid flows are on average procyclical with respect to business cycles in donor and recipient countries. However, they become countercyclical...
Persistent link: https://www.econbiz.de/10008727796
We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the...
Persistent link: https://www.econbiz.de/10008528696
Using manufacturing and services firm-level data for 30 sub-Saharan African (SSA) countries, this paper shows that taxation is not a significant driver for the location of foreign firms in SSA, while other investment climate factors, such as infrastructure, human capital, and insitutions, are....
Persistent link: https://www.econbiz.de/10010790352
Using a dataset which breaks down FDI flows into primary, secondary and tertiary sector investments and a GMM dynamic approach to address concerns about endogeneity, the paper analyzes various macroeconomic, developmental, and institutional/qualitative determinants of FDI in a sample of emerging...
Persistent link: https://www.econbiz.de/10008646411
in FDI in the post-crisis world. …
Persistent link: https://www.econbiz.de/10008560450
This paper summarizes recent arguments/findings on two aspects of foreign direct investment (FDI): its correlation with economic growth and its determinants. The first part focuses on recent literature regarding positive spillovers from FDI while the second deals with the determinants of FDI....
Persistent link: https://www.econbiz.de/10005769019
Financial globalization has increased dramatically over the past three decades, particularly for advanced economies, while emerging market and developing countries experienced more moderate increases. Divergences across countries stem from different capital control regimes, and factors such as...
Persistent link: https://www.econbiz.de/10010790496
Using available data on the distribution of HIV/AIDS prevalence across population groups for four sub-Saharan African … countries and transposing this information to household income and expenditure surveys, we simulate the impact of HIV/AIDS on …
Persistent link: https://www.econbiz.de/10005825925
This paper provides an overview of the potential macroeconomic effects of HIV/AIDS in Botswana, focusing on the key … impact of HIV/AIDS, a dual-economy equilibrium model is constructed and simulated under different scenarios. Depending on … exactly how AIDS affects the outlook, GDP growth is projected to fall from around 5½ percent a year without the pandemic to …
Persistent link: https://www.econbiz.de/10005826153