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In this work we made an empirical application of the model of Romer (1993) for the 32 states of Mexico on period 1990 … say, that inlcluye knowledge and ideas). We found that in the indicated period, Mexico faces both gaps, and therefore, it …
Persistent link: https://www.econbiz.de/10005619739
As the legislation on foreign direct investment (FDI) in Hungary has been probably the most liberal in Central and … Eastern Europe since the mid-1980s, FDI is the primary form chosen by Western firms to enter the Hungarian market. The major … channels of FDI include the privatisation of former state-owned enterprises and green-field investment projects. Portfolio …
Persistent link: https://www.econbiz.de/10013010036
attracted the largest part of FDI managed either to achieve great structural shifts in their industry, or to develop sub …
Persistent link: https://www.econbiz.de/10011109137
This paper investigates the effects of a decrease in fixed costs on the division of labor within firms. In the constant markup rate model, a decrease in fixed costs curbs the division of labor. In the short run, the division of labor is promoted through labor reallocation within firms while in...
Persistent link: https://www.econbiz.de/10011196024
This paper examines the empirical association between Foreign Direct Investment (FDI) and Economic development (GDP) in … been regressed on FDI, after making both the non-stationary series (FDI and GDP) stationary through 2nd differencing of … Augmented Dickey-Fuller Test, it has been found that FDI had a negative impact, and that too marginally significant, on India …
Persistent link: https://www.econbiz.de/10011259039
The paper shows how democratic elections in a bi-communal society with entrenched ethnic voting results in an elected oligarchy in which elites of one ethnic group control the allocation of scarce economic resources. Using a simple strategic game, the paper shows that the control of resources...
Persistent link: https://www.econbiz.de/10011260909
Extreme climate-related events have a direct impact on the welfare of households. The frequency and magnitude of those shocks appear to be closely linked to increasing vulnerability of households and communities in developing countries. Yet, the link between natural disasters and living...
Persistent link: https://www.econbiz.de/10008536828
To promote and contribute to the discussion of fiscal federalism in Argentina, this paper presents a proposal to amend the distribution of the revenue from the Income Tax between the Nation and the provinces. The proposal is based on the need to help reinvigorate the discussion on the...
Persistent link: https://www.econbiz.de/10008526959
This study proposes the idea that Guyana’s present government can be categorized as an elected oligarchy. It highlights the existence of several binding constraints (or structural bottlenecks) and demonstrates how these constraints are exacerbated by the elected oligarchy to impair the...
Persistent link: https://www.econbiz.de/10008923016
The epigraph is emblematic of an orthodox theoretical view that ‘only in a wealthy society could a situation exist in which the mass of the population could intelligently participate in politics’ and that this relationship is universal and applicable cross time and space. Comparing ancient...
Persistent link: https://www.econbiz.de/10009148013