foreign direct investment may be a key factor contributing to this increased risk by making labor demands more elastic. We …

We examine the neoclassical investment model using a panel of U.S. manufacturing firms. The standard model with no … for firms with low (pre-sample) payouts (firms we expect to face financing constraints). Hem, investment is sensitive to … both firm cash flow and macroeconomic credit conditions, holding constant investment opportunities. Sample splits based on …

We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9\% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …

We construct company panel datasets for manufacturing firms in Belgium, France, Germany and the UK, covering the period … 1978-89. These datasets are used to estimate a range of empirical investment equations, and to investigate the role played … the suggestion that financial constraints on investment may be relatively severe in the more market-oriented UK financial …

Over the past century the long-run growth of six economies shows a strong association between investment in machinery … and economic growth that holds both within and across nations and periods. A similar strong association holds for the post-world …, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …

over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 …,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars …

This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income …

We study how tax policies that lower the cost of capital impact investment and labor demand. Difference …-in-differences estimates using confidential US Census Data on manufacturing establishments show that tax policies increased both investment and … investment is greater in plants with lower labor costs. Our results show that recent tax policies that incentivize capital …