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The volatility curse : revisiting the paradox of plenty

Ploeg, Frederick van der; Poelhekke, Steven - 2009

The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...

Persistent link: https://www.econbiz.de/10003832092

International taxation and multinational firm location decisions

Barrios Cobos, Salvador; Huizinga, Harry; Laeven, Luc; … - 2008

Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of...

Persistent link: https://www.econbiz.de/10003805989

Do natural resources depress income per capita?

Arezki, Rabah; Ploeg, Frederick van der - 2010

significant negative effect on income per capita, especially in countries with bad rule of law or bad policies, but these results … natural capital) has a significant negative effect on income per capita even after controlling for geography, rule of law and … openness. These results are robust to using alternative measures of institutional quality (expropriation and corruption instead …

Persistent link: https://www.econbiz.de/10003969214

The pungent smell of "red herrings" : subsoil assets, rents, volatility and the resource curse

Ploeg, Frederick van der; Poelhekke, Steven - 2010

exports are no longer significant while the value of subsoil assets has a significant positive effect on growth. But the World …

Persistent link: https://www.econbiz.de/10003956035

Green havens and pollution havens

Poelhekke, Steven; Ploeg, Frederick van der - 2012

We test for pollution haven effects in outward foreign direct investment (FDI) for different sectors using a comprehensive and exhaustive dataset for outward FDI from the Netherlands, one of the most environmentally stringent countries and a major source of global FDI. Our evidence suggests that...

Persistent link: https://www.econbiz.de/10009570741

The real exchange rate in the long run : Balassa-Samuelson effects reconsidered

Bordo, Michael D.; Choudhri, Ehsan U.; Fazio, Giorgio; … - 2014

Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample period. Although the traditional Balassa-Samuelson...

Persistent link: https://www.econbiz.de/10010374513

Thin capitalization rules and multinational firm capital structure

Blouin, Jennifer L.; Huizinga, Harry; Laeven, Luc; … - 2014

This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 countries for the period 1982-2004. Using confidential...

Persistent link: https://www.econbiz.de/10010256736

Robustness of a simple rule for the social cost of carbon

Rezai, Armon; Ploeg, Frederick van der - 2014

The optimal social cost of carbon is in general equilibrium proportional to GDP if utility is logarithmic, production is Cobb-Douglas, depreciation in 100% every period, climate damages as fraction of production decline exponentially with the stock of atmospheric carbon, and fossil fuel...

Persistent link: https://www.econbiz.de/10010257341

Weltkonjunktur und deutsche Konjunktur im Frühjahr 2006

Schweickert, Rainer (contributor); … - 2006

Die Weltkonjunktur zeigt sich zu Beginn des Jahres 2006 weiter in robuster Verfassung. Zwar deutet sich für die Vereinigten Staaten an, dass die Geldpolitik allmählich die Nachfrage zu dämpfen beginnt; gleichzeitig haben sich aber die konjunkturellen Perspektiven für Japan und Europa...

Persistent link: https://www.econbiz.de/10003291685

Self-enforcing climate coalitions for farsighted countries : integrated analysis of heterogeneous countries

Vosooghi, Sareh; Arvaniti, Maria; Ploeg, Frederick van der - 2022

algorithm to fully characterise the equilibrium. In a dynamic game analysis of a general equilibrium model of the economy …

Persistent link: https://www.econbiz.de/10013205091