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Land, men, taxation : an application to pre-modern China and Europe ; Erik Jones' European miracle revisited

Blankart, Charles B. - 2014

. China's contiguous geography allows bureaucrats to establish an autocratic tax system whereas Europe's split geography …Eric Jones has found that excessive taxes were detrimental for pre-modern China's economic growth whereas moderate … taxes were conducive for Europe's economic growth. This paper provides a political-economic answer to the question why these …

Persistent link: https://www.econbiz.de/10010391803

A touch of sophistication : FDI and unit values of exports

Harding, Torfinn; Javorcik, Beata K. Smarzynska - 2009

The debate on trade and growth increasingly focuses on the composition of exports. Exports of more "sophisticated" products appear to be positively correlated with growth, and upgrading the quality of exports is high on the policy agenda of many countries. This study presents evidence suggesting...

Persistent link: https://www.econbiz.de/10003922581

Subsidizing national champions : an evolutionary perspective

Aubert, Cécile (contributor); Falck, Oliver (contributor); … - 2008

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/10003749485

The green industrial revolution : investment pathways to decarbonize the industrial sector in Europe

Zimmer, Markus; Hoffmann, Patrick - 2023

The industrial sector is responsible for roughly one quarter of global greenhouse-gas (GHG) emissions. To align sector pathway developments with overarching net-zero transition goals in different industries, governments are required to understand sectoral reduction potentials to efficiently...

Persistent link: https://www.econbiz.de/10014295121

There's no place like home : the profitability gap between headquarters and their foreign subsidiaries

Dischinger, Matthias; Riedel, Nadine - 2009

Using a large data set of European firms, this paper provides evidence that operations at multinational headquarters are significantly more profitable than operations at their foreign subsidiaries. The effect turns out to be robust and quantitatively large. Our findings suggest that the...

Persistent link: https://www.econbiz.de/10003922612

Do Countries Compensate Firms for International Wage Differentials?

Mittermaier, Ferdinand; Rincke, Johannes - 2010

compensate firms for international labor cost differentials. Using panel data for western Europe, we then put the model … in eastern Europe, we find strong support for the model prediction that countries with relatively high labor costs tend …

Persistent link: https://www.econbiz.de/10008697519

Firm-specific characteristics and the timing of foreign direct investment projects

Raff, Horst (contributor); Ryan, Michael (contributor) - 2006

Persistent link: https://www.econbiz.de/10003462031

Evaluating the effects of ACE systems on multinational debt financing and investment

Hebous, Shafik; Ruf, Martin - 2015

Theory recommends aligning the tax treatment of debt and equity. A few countries, notably Belgium, have introduced an allowance for corporate equity (ACE) to achieve tax neutrality. We study the effects of adopting an ACE on debt financing, passive investment, and active investment of...

Persistent link: https://www.econbiz.de/10010519931

Future European alliance : Europe as a flexible democracy

Frey, Bruno S.; Steuernagel, Armin; Friedrich, Jonas - 2018

A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established …

Persistent link: https://www.econbiz.de/10011919540

The "demise of the caregiving daughter"? : gender employment gaps and the use of formal and informal care in Europe

Bonsang, Eric; Costa-Font, Joan - 2023

We revisit the universality of the “caregiving daughter effect”, which holds that daughters tend to provide more care to their older parents than sons. Based on rich European data, we document evidence of such an effect in countries with large gender disparities in employment rates, where...

Persistent link: https://www.econbiz.de/10014434299