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investment reduces the market distortion, it will also make potential compensations larger. Consequently, potential compensations … to a foreign investor do not imply a zero-sum game. ISDS may decrease domestic welfare, in particular if the investment …
Persistent link: https://www.econbiz.de/10012823148
Persistent link: https://www.econbiz.de/10012892126
countries. Finally, the paper discusses how the distinction commonly drawn in public finance theory between "tax avoidance" and …
Persistent link: https://www.econbiz.de/10012834357
. The MP links significantly amplified the impact of these shocks on the rest of the world, which had a much greater impact …
Persistent link: https://www.econbiz.de/10014358332
establish an FDI. Property rights theory suggests that contract enforcement matters differentially across sectors. This paper is … on U.S. Direct Investment Abroad, I find that institutional characteristics of the country and the industry positively …
Persistent link: https://www.econbiz.de/10013316890
The aim of this paper is to test for the relevance of spatial linkages for Dutch (outbound) FDI. To do so, and based on recent FDI theories, we estimate a spatial lag model to assess the importance of spatial linkages for Dutch FDI to 18 host countries. As a determinant of FDI, space or...
Persistent link: https://www.econbiz.de/10012753723
shock. Our estimated model uncovers a central role for investment in the transmission mechanism of monetary policy, as high … MPCs amplify the investment response in the data. This force also generates a procyclical response of consumption to … investment shocks, leading our model to infer a central role for these shocks as a source of business cycles …
Persistent link: https://www.econbiz.de/10012842965
equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high …
Persistent link: https://www.econbiz.de/10013311708
complementary investment in production activities. Our theoretical findings are motivated by existing empirical evidence and a fresh …
Persistent link: https://www.econbiz.de/10013213779
investment in an international infrastructure capital, the stock of which accumulates over time. Depending on the trade costs and … consideration, the governments carry out a dynamic game of public investment. We show that the dynamic equilibrium of the policy … certain level, the infrastructure stock decreases (increases) over time, and the world economy will end up in autarky (two …
Persistent link: https://www.econbiz.de/10013314918