Narrow search
Showing 1 - 10 of 117
Cover Image
Causes and consequences of merger waves
Kleinert, Jörn; Klodt, Henning - 2002
This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis that sectoral shocks are at the root of merger waves....
Persistent link: https://www.econbiz.de/10011490438
Cover Image
Do real exchange rate appreciations matter for growth?
Bussière, Matthieu; Lopez, Claude; Tille, Cédric - 2014
emerging and advanced economies. We assess the impact of appreciations, productivity booms and capital inflows surges using a … propensity-score matching approach to address causality issues. We show that appreciations associated with higher productivity …
Persistent link: https://www.econbiz.de/10010348280
Cover Image
Interpreting productivity growth in the new economy : some agnostic notes
Gundlach, Erich - 2001
The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …
Persistent link: https://www.econbiz.de/10011477079
Cover Image
Multinational enterprises, international trade, and productivity growth : firm-level evidence from the United States
Keller, Wolfgang (contributor);  … - 2005
productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
Persistent link: https://www.econbiz.de/10003029509
Cover Image
What determines maturity? : an analysis for foreign assets of German commercial banks
Buch, Claudia M. - 2000
Surges and reversals of short-term foreign liabilities are often held responsible for instabilities in international financial markets. Yet, empirical evidence on the factors determining the maturity of capital flows is scant. This paper analyzes the determinants of foreign assets of German...
Persistent link: https://www.econbiz.de/10011476909
Cover Image
[Business cycles and FDI : evidence from German sectoral data]
Buch, Claudia M. (contributor);  … - 2005
Globalization has affected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...
Persistent link: https://www.econbiz.de/10003029397
Cover Image
Climatic conditions, cultural diversity, and labor productivity
Gundlach, Erich; Matus-Velasco, Ximena - 2000
Countries with the highest labor productivity overwhelmingly lie in the world's temperate climatic zones far away from … correlated with labor productivity after other variables are taken into account. We find that climatic conditions do not have a … significant impact on labor productivity once we control for factor accumulation and cultural diversity within countries. Our …
Persistent link: https://www.econbiz.de/10011490509
Cover Image
Climate change impacts on global agriculture
Calzadilla, Alvaro; Rehdanz, Katrin; Betts, Richard A.; … - 2010
analysis of the main factors through which climate change will affect agricultural productivity lead to different outcomes. Our …
Persistent link: https://www.econbiz.de/10003961221
Cover Image
The democratic transition : a study of the causality between income and the Gastil democracy index
Paldam, Martin (contributor); Gundlach, Erich (contributor) - 2008
The paper considers the transformation of the political system as countries pass through the Grand Transition from a poor developing country to a wealthy developed country. In the process most countries change from an authoritarian to a democratic political system. This is shown by using the...
Persistent link: https://www.econbiz.de/10003764598
Cover Image
Does US aid buy UN general assembly votes? : A disaggregated analysis
Dreher, Axel (contributor); Nunnenkamp, Peter (contributor);  … - 2006
Using panel data for 143 countries over the period 1973-2002, this paper empirically analyzes the influence of US aid on voting patterns in the UN General Assembly. We use disaggregated aid data to account for the fact that various forms of aid may differ in their ability to induce political...
Persistent link: https://www.econbiz.de/10003313895