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We study the impacts of public investment, notably in construction and in R&D on economic growth and of crowding-out effects on private investment. For this purpose, we use Panel Vector Autoregression (PVAR) models and the Generalised Method of Moments (GMM) approach for 40 advanced and emerging...
Persistent link: https://www.econbiz.de/10013426082
The Democratic Republic of Congo (DRC) is one of the poorest countries in the World. The construction sector will play …
Persistent link: https://www.econbiz.de/10009689522
construction sector triggered by fast rising property prices hindered France to meet world export demand vis-à-vis its products …
Persistent link: https://www.econbiz.de/10003967759
Persistent link: https://www.econbiz.de/10003647197
. First steps towards integrating awards into economic theory are undertaken. -- Awards ; non-monetary incentives ; economics …
Persistent link: https://www.econbiz.de/10003806044
This paper investigates the domestic government's antidumping duty choice in an asymmetric information framework where the foreign firm's cost is observed by the domestic firm, but not by the government. To induce truthful revelation, the government can design a tariff schedule, contingent on...
Persistent link: https://www.econbiz.de/10003807867
Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast...
Persistent link: https://www.econbiz.de/10003808628
We develop a theory of interstate conflict in which the degree of genealogical relatedness between populations has a …
Persistent link: https://www.econbiz.de/10003854499
; extreme value theory ; bootstrapping …
Persistent link: https://www.econbiz.de/10003891679
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments from the Heckscher-Ohlin and the tax competition literature into a common theoretical framework. The model suggests that with increasing global integration, developing countries...
Persistent link: https://www.econbiz.de/10003928775