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similar investment subsidies were implemented in the same country, two years apart: once during a period of economic stability … offer an important policy opportunity to encourage investment. …
Persistent link: https://www.econbiz.de/10012120240
IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …
Persistent link: https://www.econbiz.de/10013368656
In this paper, we show that a reduction in capital goods prices induced by trade policies can stimulate both investment … differential exposure to reductions in capital goods tariffs react in terms of their investment and labor decision. Firms that see … a larger decline in the input tariff for capital goods increase investment and labor for production, as well as their …
Persistent link: https://www.econbiz.de/10015048976
strong dampening impact on the effects of prices increases on investment. We also find strong and significant negative …
Persistent link: https://www.econbiz.de/10011933936
. Therefore, in an inflationary period generous tax depreciation provisions do not promote private investment as designed, but …
Persistent link: https://www.econbiz.de/10011514138
business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax … control group, we address the question if and to what extent these investment tax incentives boosted investment. In line with … were cut back in 1997. Moreover, there was a significant reduction in building investment in the year after the expiration …
Persistent link: https://www.econbiz.de/10010354738
Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …
Persistent link: https://www.econbiz.de/10011472000
This paper addresses the issue of how regulatory constraints affect firm s investment choices when the firm has an … option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits … go beyond a given level. It is shown that a pure price cap and profit sharing are identical in their impact on investment …
Persistent link: https://www.econbiz.de/10011507879
We estimate the effect of electorally induced policy uncertainty on investment in the manufacturing sector. Because …, and because the policies relevant to business investment vary systematically by party, uncertainty over the partisan … affiliation of the future governor is a source of political risk to firms considering business investment. More importantly, the …
Persistent link: https://www.econbiz.de/10011451061
data and triple-difference estimators, we find that this dividend tax cut affects allocation of corporate investment. Cash …-constrained firms increase investment after the dividend tax cut relative to cash-rich firms. Reallocation is stronger among closely … and by higher dividends in cash-rich firms after the tax cut. The heterogeneous investment responses imply that the …
Persistent link: https://www.econbiz.de/10010388536