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future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were …
Persistent link: https://www.econbiz.de/10003328359
In sticky price models with endogenous investment, virtually all monetary policy rules that set a nominal interest rate …
Persistent link: https://www.econbiz.de/10003485603
This paper aids our understanding of the link between innovation and exporting behavior by detailing how firms may purposefully decide on the source country for the imported innovation and the market that they ultimately serve. We argue that firms who invest in the state-of-the-art technologies...
Persistent link: https://www.econbiz.de/10003956230
I empirically analyze the dynamics of business investment following normal recessions (declines in business investment … for significant non-linear trend reversion or bounce-back effects on the level of business investment following normal … recessions, i.e., the deeper the previous recession was, the higher the growth rate of business investment will be. The trend …
Persistent link: https://www.econbiz.de/10010518645
regression model to examine the adoption and impact of organic certification on the return on investment (ROI). The empirical …
Persistent link: https://www.econbiz.de/10009771195
Countries with the highest labor productivity overwhelmingly lie in the world's temperate climatic zones far away from the equator. The question we address is whether climatic conditions as measured by distance from the equator remain correlated with labor productivity after other variables are...
Persistent link: https://www.econbiz.de/10011490509
Large-scale agricultural investments (LSAIs) typically depend on strong formal institutions and market-oriented intensive farming, whereas informal institutions tend to characterize the traditional villages located around them. We investigate changes to social capital in such villages when LSAIs...
Persistent link: https://www.econbiz.de/10011557902
We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels … depends on the BRICs’ local capacity to absorb superior technologies and on domestic investment. …
Persistent link: https://www.econbiz.de/10010479372
Der Kurs der Finanzpolitik in Deutschland hat sich im Verlauf des Jahres 1999 geändert. Ausgabenkürzungen wurden durchgesetzt, deutliche Steuersenkungen sind geplant. Die Finanzpolitik fördert das Wachstum der Wirtschaft. Allerdings sind die Steuersenkungen bei weitem nicht so groß wie oft...
Persistent link: https://www.econbiz.de/10011495297
For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the...
Persistent link: https://www.econbiz.de/10011495313