Showing 1 - 10 of 19
competition a¤ects the industrial dynamics of investment, concentration, and expected returns. When firms have similar production …
Persistent link: https://www.econbiz.de/10011071300
question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …
Persistent link: https://www.econbiz.de/10011126328
, major weaknesses with respect to long-run investment in human capital, infrastructure and innovation remain. These are … hampered by problems of short-termism and policy risk. We propose a series of radical reforms to address these problems: such …
Persistent link: https://www.econbiz.de/10011125977
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call...
Persistent link: https://www.econbiz.de/10011126145
positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …
Persistent link: https://www.econbiz.de/10011126451
This paper investigates the relationship between infation uncertainty and investment using a panel of loan-level data … investment. Moreover, there is a shift in the composition of investment away from fixed assets and towards working capital - the … more flexible factor of production - and fixed asset investment exhibits periods of inaction consistent with real option …
Persistent link: https://www.econbiz.de/10010884740
This paper is about net national product (NNP). We are concerned with what NNP means, what it should include, what it offers us and, therefore, why we may be interested in it. We show that NNP, properly defined, can be used as a gauge for project evaluation, but we also show that it should not...
Persistent link: https://www.econbiz.de/10011071310
Whether or not the marginal product of capital (MPK) differs across countries is a question that keeps coming up in discussions of comparative economic development and patterns of capital flows. We use easily accessible macroeconomic data to shed light on this issue, and find that MPKs are...
Persistent link: https://www.econbiz.de/10010928591
This article estimates the effect of visa restrictions on bilateral trade flows and foreign direct investment (FDI … effects, it is at least questionable whether many of the existing visa restrictions would pass a cost-benefit test. …
Persistent link: https://www.econbiz.de/10010744803
employment, investment and productivity, and a moderate loss in GDP. This temporary impact of a second moment shock is different …
Persistent link: https://www.econbiz.de/10010744930