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In this paper I apply firm-level analysis to examine how the Brexit process has affected business investment in the UK … had a considerable and statistically significant negative impact on firm investment in the UK after the referendum. At the … same time, the post-referendum sterling depreciation has likely contributed positively to investment expenditure by more …
Persistent link: https://www.econbiz.de/10011978381
The empirical analysis in ""International R&D Spillovers"" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...
Persistent link: https://www.econbiz.de/10014400689
treatment of investment in international law. Most contributions to the multilateral investment framework derive from the World …The substantial increase in foreign direct investment (FDI) in recent years has triggered a discussion of a uniform … restrict their focus on investment to aspects related to international trade and often apply to selected sectors only. A …
Persistent link: https://www.econbiz.de/10014399606
poor regions. The relationship between personal saving and private investment is insignificant in the U.K. and Germany and …The relationship between regional saving and investment is examined to measure the extent of capital mobility. The … relationship between total regional saving and investment is significantly negative in Canada and the United Kingdom, in contrast …
Persistent link: https://www.econbiz.de/10014398181
The recovery of private investment in Italy has lagged its euro area peers over the past decade. This paper examines … capacity to invest. Empirical analysis provides evidence for the impact of wages on investment at the sectoral and firm levels …. Sectoral wage growth seems unrelated to sectoral productivity growth, but is negatively associated with investment. Firm …
Persistent link: https://www.econbiz.de/10012177626
Disaggregated data from 30 two-digit manufacturing industries in the east and west parts of unified Germany are used to …
Persistent link: https://www.econbiz.de/10014398743
Persistent link: https://www.econbiz.de/10009726541
Greece's investment rate plunged following the Sovereign Debt Crisis (SDC) and remained one of the lowest in the world … in 2019. This paper explores recent investment dynamics and compares them against estimated benchmarks. Our results … suggest that Greece has been under-investing since the SDC, with private investment notably lagging behind. The estimated …
Persistent link: https://www.econbiz.de/10013170315
Investment has grown rapidly in China in recent years, reaching more than 40 percent of GDP. Despite good progress on … bank and enterprise reforms, weaknesses remain that could contribute to inefficient investment decisions. Manufacturing …, infrastructure, and real estate have been the drivers of fixed asset investment. Econometric analysis presented in the paper suggests …
Persistent link: https://www.econbiz.de/10014400156
direct investment is also substantial. We explain these features in terms of a conventional neoclassical growth model-with no …
Persistent link: https://www.econbiz.de/10014401525