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As China becomes a global economic power, Latin American companies will need to adopt winning strategies to succeed in an increasingly competitive landscape. This paper explains the main implications that the shifting power equation will have on Latin America’s economies, analysing the myths...
Persistent link: https://www.econbiz.de/10008680326
The aim of this article is to take stock of the theoretical debate and empirical findings concerning the impact of institutions on economic performance and the channels through which the institutional impact unfolds. The review is limited to work published until 2004 due to space limitations and...
Persistent link: https://www.econbiz.de/10008683303
The initial theories of investment have emphasized the role of reduction of interest rate and increase in output for … encouraging private investment. But there are ample grounds for doubting these theories. As a result, researchers have recently … emphasized the importance of uncertainty in determining the private rate of investment. As different theories give various …
Persistent link: https://www.econbiz.de/10008694019
individual citizens, human rights violations; the faltering private investment, is lack of uniformity in the application of the …
Persistent link: https://www.econbiz.de/10008694164
investment. The model shows that increasing uncertainty will reduce the time horizon as well as investment. Moreover, the …
Persistent link: https://www.econbiz.de/10008728061
In the paper model of macroeconomic turnover and its possibilities for investments modelling are shown. The model consists from four blocks: in the first the theoretical model is described. In the second the model is reflected in accordance with the requirements of system dynamics method, there...
Persistent link: https://www.econbiz.de/10008753069
between inflation and investment has been investigated. Inflation and growth models support the existence of a nonlinear … inflation on economic growth diminishes but is still significantly negative. Investment is one of the possible channels through …, while above the threshold it has strong negative and significant impact on the investment. Therefore, it is desirable to …
Persistent link: https://www.econbiz.de/10008756483
We use disaggregated data on the components of private fixed investment (PFI) to estimate industry-level responses of … real investment and capital prices to unanticipated monetary policy. The response functions derive from a restricted large … and quantities. For assets belonging to the equipment category of fixed investment, we find that quantities rather than …
Persistent link: https://www.econbiz.de/10011124289
The paper investigates investment decisions by using a new source of data, that is the OBI annual survey on firms. The … main focus of our analysis mainly is the influence of credit market conditions on investment decisions and we find that the … main obstacle to the investment is the level of guarantees that bank demand to grant loans. This element was a constant …
Persistent link: https://www.econbiz.de/10011130311
decisions of publicly-traded firms, we find that smaller firms, firms with more investment opportunities, and firms that face a … investment-cash flow sensitivities. …
Persistent link: https://www.econbiz.de/10011167237