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Employment at multinational enterprises (MNEs) responds to wages at the extensive margin, when an MNE enters a foreign location, and at the intensive margin, when an MNE operates existing affiliates. We present an MNE model and conditions for parametric and nonparametric identification. Prior...
Persistent link: https://www.econbiz.de/10012463871
The impacts of inward FDI on host countries are frequently studied using balance-of-payments based measures of flows and stocks. These are unreliable for the purpose because, while theories of the effects of investment are based on FDI production and employment in the host country, these...
Persistent link: https://www.econbiz.de/10012465851
How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10012480470
We investigate the resilience of CESEE countries during ECB monetary cycles after the entrance of ten countries to the EU in 2004. Undeniably, these countries have experienced a 'miracle' growth during the 2000s decade. However, several obstacles appeared following the global financial crisis...
Persistent link: https://www.econbiz.de/10015072898
infrastructure and institutions. Providing clean water and removing refuse requires water and sewer pipes, but the urban poor are … by a penalty-based system. We present a model that illustrates the complementarity between infrastructure and …
Persistent link: https://www.econbiz.de/10012456762
We analysed the relative importance of individual versus institutional factors in explaining variations in the utilisation of physician services among the 50+ in ten European countries. The importance of the latter was investigated, distinguishing between organisational (explicit) and cultural...
Persistent link: https://www.econbiz.de/10012464549
, consumption levels, infrastructure, literacy or population density through 2002. This finding suggests that local recovery from …
Persistent link: https://www.econbiz.de/10012466717
This paper shows that those low and middle income countries that use infrastructure inefficiently pay a growth penalty … in the form of a much smaller benefit from infrastructure investments. The magnitude of this penalty is apparent when the … these two regions can be attributed to the difference in effective use of infrastructure resources. At the same time, the …
Persistent link: https://www.econbiz.de/10012472981
While much economic policy presumes that more information infrastructure yields higher economic returns, little … optic cable, ISDN lines and signal seven software, infrastructure which plays an essential role in bringing digital … technology to local telephone networks. We estimate the elasticity of the derived demand for infrastructure investment faced by …
Persistent link: https://www.econbiz.de/10012473064
Is public sector infrastructure a key determinant of productivity? Traditional, project-based analyses of benefits and … costs typically do not find large rates of return. Proponents of infrastructure spending instead point to regression …-based analyses of the links between private productivity and public infrastructure that imply large productivity effects from public …
Persistent link: https://www.econbiz.de/10012473889