Showing 1 - 10 of 912
. These findings are established through the estimation of a spatial bivariate probit model …
Persistent link: https://www.econbiz.de/10012916953
We use Bayesian Model Averaging (BMA) to evaluate the robustness of determinants of economic growth in a new dataset of … economic growth implied by differences between regions and those within regions of a given country. In the cross-section of … countries is mostly a characteristic of regions in old EU member states. We also find robust evidence of positive growth of …
Persistent link: https://www.econbiz.de/10012765299
inherent in growth regressions. IBMA is essential to our estimation because the simultaneous consideration of model uncertainty …We investigate country heterogeneity in cross-country growth regressions. In contrast to the previous literature that … focuses on low-income countries, this study also highlights growth determinants in high-income (OECD) countries. We introduce …
Persistent link: https://www.econbiz.de/10012777687
jointness among 67 determinants of growth is important, affecting inference and informing economic policy …
Persistent link: https://www.econbiz.de/10013317072
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear … that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we … provide detailed evidence on the determinants of outward FDI from the US. FDI is higher in countries that are close to the US …
Persistent link: https://www.econbiz.de/10012751105
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also …
Persistent link: https://www.econbiz.de/10012987345
Recent empirical research documents a tendency of affiliates of multinational enterprises to bunch around zero reported profit. Setting up a model that allows for profitable and loss-making affiliates of multinationals, we show that profit shifting to a low-tax country as well as a loss-related,...
Persistent link: https://www.econbiz.de/10012921411
externalities are large, perhaps twice the size of wholly-owned FDI spillovers, and it is R&D-intensive firms, including the joint … virtually absent in broad sectors that include economic activities for which China's FDI policy has prohibited joint ventures …
Persistent link: https://www.econbiz.de/10012915082
analyze a firm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry and …
Persistent link: https://www.econbiz.de/10013024700
This paper investigates the tax responsiveness of multinational firms' investment decisions in foreign countries, distinguishing firms that are able to avoid taxes (avoiders) from those that are not (non-avoiders). From a theoretical point of view, the tax responsiveness of firms crucially...
Persistent link: https://www.econbiz.de/10013048888