Showing 1 - 10 of 2,187
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395947
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10014403965
' hypothesis that foreign innovation activities tap into foreign R and D and improve home productivity through knowledge spillovers …
Persistent link: https://www.econbiz.de/10011848116
pattern of international trade and production on the overall productivity growth of a developing country. A key result is that … productivity growth. The authors also find that a production-share weighted average of (technological leaders’) sectoral … productivity growth rates has a significant effect on the rate of aggregate productivity growth …
Persistent link: https://www.econbiz.de/10014399806
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses 'dirty' machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10010272399
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10010272476
This paper examines which firms from a heterogeneous pool are more likely to join together and form a research joint venture (RJV). It differs from previous contributions as it introduces a set of realistic hypotheses on the characteristics of research co-operation and information sharing....
Persistent link: https://www.econbiz.de/10011608664
We explore the role of business services in knowledge accumulation and growth and the determinants of knowledge diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the United States. Policy simulations illustrate the benefits...
Persistent link: https://www.econbiz.de/10014399872
-run temperature increases are limited to 3 degrees. This occurs because policy not only encourages green innovations but also … dissuades dirty innovations which would otherwise spread. The most effective policy package in emissions-reducing regions is a …
Persistent link: https://www.econbiz.de/10012610702