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cross-border investment. Spillovers from statutory tax rates abroad seem: As sizable as effects from the host's rate; larger … shifting through real investment (rather than 'paper' profit shifting). Contrary to much policy discussion, the results also … imply that: Host countries' marginal effective tax rates have at best a weak effect on real investment; those elsewhere have …
Persistent link: https://www.econbiz.de/10015059218
Intro -- Contents -- I. INTRODUCTION -- II. DATA -- III. ECONOMETRIC PRELIMINARIES -- IV. "INTERNATIONAL R&D SPILLOVERS" REVISITED -- V. INSTITUTIONS AND INTERNATIONAL R&D SPILLOVERS -- VI. CONCLUSIONS -- APPENDIX A: ALTERNATIVE SPECIFICATION -- APPENDIX B: DATA SOURCES AND DEFINITIONS --...
Persistent link: https://www.econbiz.de/10012682177
Intro -- Contents -- I. INTRODUCTION -- II. THE PARADOX: LOW GROWTH AND HIGH INVESTMENT -- III. THE MISMEASUREMENT …
Persistent link: https://www.econbiz.de/10012691081
Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10012677549
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth …. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin …. We find that in addition to institutional and regulatory developments, public investment and private capital formation …
Persistent link: https://www.econbiz.de/10012677591
of investment, civil conflict, economic inefficiencies, state intervention in the economy, and regulatory restrictions …
Persistent link: https://www.econbiz.de/10012677702
by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The … study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by … limited saving. Thus, over the last decade, interactions between investment, saving, and production may have perpetuated slow …
Persistent link: https://www.econbiz.de/10012677704
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth …. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin …. We find that in addition to institutional and regulatory developments, public investment and private capital formation …
Persistent link: https://www.econbiz.de/10014409029
Although the economic growth literature has come a long way since the Solow-Swan model of the fifties, there is still considerable debate on the ""real' or ""deep"" determinants of growth. This paper revisits the question of what is really important for strong long-term growth by using a Binary...
Persistent link: https://www.econbiz.de/10012677690
Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not …, this paper analyzes the reasons for the slowdown and discusses how India can boost corporate investment, using both macro … investment but that they do not appear to account fully for recent weak performance, suggesting a key role of the bu …
Persistent link: https://www.econbiz.de/10009572430