Showing 1 - 10 of 679
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
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
public sector investment in determining both the extent and the speed of convergence. The paper also considers the importance … of the stock of human capital, trade orientation, and foreign direct investment in the long-run growth process. Empirical … the notion of differential effects of public and private investment on long-term growth, as well as for the convergence …
Persistent link: https://www.econbiz.de/10014398433
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
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence … that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private … consumption has on average become more dependent on investment (rather than vice versa) and the impact is relatively short …
Persistent link: https://www.econbiz.de/10014395260
Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition …, it is important to assess how domestic investment responds to such outflows. This study empirically examines the effects … of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies …
Persistent link: https://www.econbiz.de/10014395382
Firms in developing countries that seek outside financing for investment must often choose their debt … by appropriate policy measures to improve information on profitable investment opportunities and about firms; to directly …
Persistent link: https://www.econbiz.de/10014395863
This paper examines the behavior of business fixed investment in the United States in the 1980s. A background … discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the … empirical analysis. A standard neoclassical model of business fixed investment is specified and estimated, with output and the …
Persistent link: https://www.econbiz.de/10014396320
Even modest investment rates may achieve satisfactory rates of growth in the reforming economies of Eastern Europe … investment is uncertainty about the reform process, which can potentially rule out all but the most profitable projects. This … form of loans and foreign direct investment …
Persistent link: https://www.econbiz.de/10014396376