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While countries make use of a wide range of policies to attract multinational firms, identifying the effect of such policies is difficult. Combining firm-level data on both the location of these firms’ foreign affiliates and detailed service-specific information from Costa Rica’s investment...
Persistent link: https://www.econbiz.de/10013229704
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10010264424
The investment-intensive growth model of the People’s Republic of China (PRC) is often viewed as state-driven and ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns since 2003 and the potential impact of industrial...
Persistent link: https://www.econbiz.de/10011698651
While countries make use of a wide range of policies to attract multinational firms, identifying the effect of such policies is difficult. Combining firm-level data on both the location of these firms’ foreign affiliates and detailed service-specific information from Costa Rica’s investment...
Persistent link: https://www.econbiz.de/10012582106
We examine the ways in which political realities shape industrial policy through the lens of modern political economy. We consider two broad “governance constraints”: i) the political forces that shape how industrial policy is chosen and ii) the ways in which state capacity affects...
Persistent link: https://www.econbiz.de/10015047291
This paper empirically investigates the long-run effects of major health improvements on income growth in the United States. To isolate exogenous changes in health, the econometric model uses quasi-experimental variation in cardiovascular disease mortality across states over time. The results...
Persistent link: https://www.econbiz.de/10012179752
aggregate productivity, resource allocation, and industry export activity along both the extensive and intensive margins. Using … productivity and shipping costs using Chilean plant-level data for a set of manufacturing industries. The estimated model is … consistent with the key features of the data regarding productivity, exporting, and importing. We perform a variety of …
Persistent link: https://www.econbiz.de/10010264319
agricultural investment, larger gender gap in agricultural productivity, and more hierarchical society, are at the root of existing …
Persistent link: https://www.econbiz.de/10011584853
economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible … evidence on which education policy reforms may be able to bring about the simulated improvements in educational outcomes. …
Persistent link: https://www.econbiz.de/10010274864
development. It affects human capital through both religious and secular education. It affects population and labor by influencing … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
Persistent link: https://www.econbiz.de/10014469796