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Review of the Recent Trends in Development Economics Research : With Experience from the Federal Region of Kurdistan
Heshmati, Almas - 2008
outsourcing activities, the increased flow of direct foreign investment and its heterogeneous regional distribution, the increased … public investment in information and communication technologies as infrastructure for development, the importance of …
Persistent link: https://www.econbiz.de/10012773083
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Interest Rate Bands of Inaction and Play-Hysteresis in Domestic Investment : Evidence for the Euro Area
Belke, Ansgar Hubertus - 2019
The interest rate represents an important monetary policy tool to steer investment in order to reach price stability …. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank … impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate …
Persistent link: https://www.econbiz.de/10012863789
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The Productivity Impact of R&D Investment : A Comparison between the EU and the US
Castellani, Davide - 2016
Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially in the high-tech industries), and this...
Persistent link: https://www.econbiz.de/10012990873
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Capital Prices and Eurozone Competitiveness Differentials
Askenazy, Philippe - 2013
Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour costs or labour-market institutions. This paper explores an additional source of differentials in competitiveness: land and building prices. European countries, especially France,...
Persistent link: https://www.econbiz.de/10013086230
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The Effect of Employment Protection Legislation and Financial Market Imperfections on Investment : Evidence from a Firm-Level Panel of EU Countries
Cingano, Federico - 2009
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital … stronger in firms with lower levels of internal resources. We find that, on average, EPL reduces investment per worker, capital …
Persistent link: https://www.econbiz.de/10013159932
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On the Relationship between Public and Private Investment in the Euro Area
Dreger, Christian - 2014
This paper explores the long run relationship between public and private investment in the euro area in terms of … capital stocks and gross investment flows. Panel techniques ac-counting for international spillovers are employed. While … private and public capital stocks are cointegrated, the evidence is quite fragile for public and private investment flows …
Persistent link: https://www.econbiz.de/10013057463
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Openness and Technological Innovation in East Asia : Have They Increased the Demand for Skills?
Almeida, Rita - 2009
This paper asks whether the increased openness and technological innovation in East Asia have contributed to an increased demand for skills in the region. We explore a unique firm level data set across eight countries. Our results strongly support the idea that greater openness and technology...
Persistent link: https://www.econbiz.de/10013155474
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Does Foreign Entry Spur Innovation?
Gorodnichenko, Yuriy - 2015
Our estimates, based on large firm-level and industry-level data sets from eighteen countries, suggest that FDI and trade have strong positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from advanced...
Persistent link: https://www.econbiz.de/10013016240
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The Effect on Foreign Direct Investment of Membership in the European Union
Bruno, Randolph Luca - 2020
This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the … leads FDI into the host economy to be about 60% higher for investment from outside the EU, and around 50% higher for intra …
Persistent link: https://www.econbiz.de/10012823325
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Beyond EU-US Trade Dynamics : TTIP Effects Related to Foreign Direct Investment and Innovation
Jungmittag, Andre - 2017
The international economic debate on the Transatlantic Trade and Investment Partnership (TTIP) has focused mainly on …
Persistent link: https://www.econbiz.de/10012948641