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financial sector's role as enabler of real investment is analyzed. So far, there is no significant evidence that the credit …
Persistent link: https://www.econbiz.de/10003779245
sensitivity of investment to cash flow. The main finding is that the reduction in the sensitivity is small for small firms and …
Persistent link: https://www.econbiz.de/10003338086
The increased wind energy supplied to many electricity markets around the world has to be balanced by reliable back up units or other complementary measures when wind conditions are low. At the same time wind energy impacts both, the utilization of thermal power plants and the market prices....
Persistent link: https://www.econbiz.de/10003793111
not been considered in previous studies on investment even though most (if not all) panel data sets on firms are … corporate income tax rate was partly compensated for by stricter depreciation allowances. Investment dynamics appear to be … crucial for the coefficients of cash flow variables in investment equations. While cash flow effects are present in the (first …
Persistent link: https://www.econbiz.de/10003883175
This paper examines the impact of outward foreign direct investment (OFDI) on domestic investment by applying co … of the US, OFDI has positive long-run effects on domestic investment while in the case of Germany the reverse effect is …
Persistent link: https://www.econbiz.de/10003440049
' capital structure, investment and profitability. The identification of the causal effects is based on the escape clauses in … base. In general, in the short term, no negative investment effects are caused by the TCR. This suggests that a part of the …, investment might also be fixed in the short-run for example due to long-lasting contracts. -- Thin capitalization ; earnings …
Persistent link: https://www.econbiz.de/10009579254
more important for coal fired power plants with their relative high investment costs. -- energy modeling ; nuclear phase …
Persistent link: https://www.econbiz.de/10009579310
quantification of allocation-related investment distortions has been limited to back-of-the envelope calculations and stylized models …
Persistent link: https://www.econbiz.de/10009308963