Showing 1 - 10 of 556
institutional uncertainty (and of its elimination) on job creation and job destruction in the CEEC candidate countries. We conclude … that structural change on CEEC labor markets tends to be fostered via reducing institutional uncertainty. However, these … value analysis, we investigate and evaluate the trade-off between lower institutional uncertainty and higher employment …
Persistent link: https://www.econbiz.de/10010261805
institutional uncertainty (and of its elimination) on job creation and job destruction in the CEEC candidate countries. We conclude … that structural change on CEEC labor markets tends to be fostered via reducing institutional uncertainty. However, these … value analysis, we investigate and evaluate the trade-off between lower institutional uncertainty and higher employment …
Persistent link: https://www.econbiz.de/10005703503
While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the … the impact of FDI on development is through its effects on domestic factor markets, especially domestic investment and … employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub-Saharan Africa …
Persistent link: https://www.econbiz.de/10005763464
is evidence that firms with fdi are less productive than firms that export. … evidence on the link of productivity and both exports and foreign direct investment (fdi) in services firms from a highly … - where the firms with the highest productivity engage in fdi while the least productive firms serve the home market only and …
Persistent link: https://www.econbiz.de/10010280714
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non-marginal stochastic jump processes. From the model analytics we determine that the average magnitude and frequency of non-marginal stochastic jump processes are the most important...
Persistent link: https://www.econbiz.de/10010293106
In new new international trade theory, whether firms export or not are determined by their productivity. These models … an alternative way to model whether firms export or not, namely as a firm-level decision akin to an investment decision … with a real option value. We show that endogenizing the export decision is consistent with patterns of productivity and …
Persistent link: https://www.econbiz.de/10010293207
In "new" new international trade theory, whether firms export or not are determined by their productivity. These models … an alternative way to model whether firms export or not, namely as a firm-level decision akin to an investment decision … with a real option value. We show that endogenizing the export decision is consistent with patterns of productivity and …
Persistent link: https://www.econbiz.de/10010791522
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non-marginal stochastic jump processes. From the model analytics we determine that the average magnitude and frequency of non-marginal stochastic jump processes are the most important...
Persistent link: https://www.econbiz.de/10010791525
The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper … analyzes whether banks can support firms’ export by reducing informational asymmetries about foreign markets. We exploit a … exogenous to firms’ export decisions by relying on preexisting lending relationships and exploiting the acquisition of a firm …
Persistent link: https://www.econbiz.de/10013351997
impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate … whether uncertainty over future interest rates in the Euro area hampers monetary policy transmission. In this non-linear model … uncertainty into the regressions, the results do not change much which may be due to the interest rate implicitly incorporating …
Persistent link: https://www.econbiz.de/10012141204