Showing 1 - 10 of 153
neoclassical economic theory migration, besides the free flow of goods, services and capital, plays an important role in assuring … three parts. First, the theoretical background concerning migration and the potential need for regional policy is presented …. In the second part, we discuss the actual situation of internal migration and examine why migration rates are …
Persistent link: https://www.econbiz.de/10011515661
During a global shock two forces act upon international remittances in opposite directions: income losses among migrants may reduce their ability to send remittances and, at the same time, migrants' concern for their family's wellbeing may prompt them to send more remittances back home. Which of...
Persistent link: https://www.econbiz.de/10012607034
We analyze the effects of governmental redistribution of income on migration patterns,using an Italian administrative … level covariates, migration costs, and when testing for stochastic dominance of the skill distributions of migrants and … stayers. Policy simulations are run in order to gauge the magnitude of these migration effects. Based on estimated …
Persistent link: https://www.econbiz.de/10012010530
Despite numerous studies on the social and political impact of refugees in Europe, we have very little systematic evidence on the impact of refugee settlement on social cohesion in the developing world. Using data gathered in Northern Lebanon, we show that increased salience of the "refugee...
Persistent link: https://www.econbiz.de/10012152218
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production plants if communication costs impede the access of...
Persistent link: https://www.econbiz.de/10011373085
Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...
Persistent link: https://www.econbiz.de/10012816814
. This pattern of vertical specialization does not only affect trade between countries but it is also of importance for … foreign direct investment (FDI). In this paper, we therefore adopt the idea of Kremer (1993) and Costinot et al. (2011) of a … sequential production process which is subject to mistakes to the theory of FDI. Using firm-level panel data on German outward …
Persistent link: https://www.econbiz.de/10009775632
This paper provides the first in-depth study of the organization of knowledge in multinational firms. In the theory, knowledge is a costly input for firms that they can acquire at their headquarters or their production plants. Communication costs impede the access of the plants to headquarter...
Persistent link: https://www.econbiz.de/10011697278
This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The empirical analysis is based on micro data of German firms and their operations at home and abroad, including information on investment in fixed assets. The empirical approach,...
Persistent link: https://www.econbiz.de/10011649212
Tax incentives are a key component of governments’ investment policy mix as they directly impact companies’ tax burden. In this paper, we illustrate the EU’s tax attractiveness as investment location over time in terms of effective average tax rates and evaluate potential tax reform...
Persistent link: https://www.econbiz.de/10014472323