Showing 1 - 10 of 10
differences for tax policies between free and controlled migration, and the role of productivity gap …
Persistent link: https://www.econbiz.de/10013139888
I speculate that technological spillover effects may have become more important over time as IT penetrated the U.S. economy. The rationale is that IT may speed up the process of knowledge transfer and make these knowledge spillovers more effective. Using US input-output tables for years 1958,...
Persistent link: https://www.econbiz.de/10013068477
We develop a framework in which the host country productivity has a positive effect on the intensive margin (the size …-country productivity has a negative effect on the extensive margin. An increase in the host-country corporate tax rate reduces the actual …
Persistent link: https://www.econbiz.de/10012776952
This paper examines the impact of the operations of foreign-owned multinational firms on the productivity growth of …-owned firms affects the productivity of local firms in that sector and whether there is any evidence of convergence between that … industry's productivity level and that of the United States. The main results can be summarized as follows: First, productivity …
Persistent link: https://www.econbiz.de/10013217612
A positive productivity shock in the host country tends typically to increase the volume of the desired FDI flows to … productivity change on bilateral FDI flows. We also uncover sizeable threshold barriers in our data set and link the analysis to …
Persistent link: https://www.econbiz.de/10013232174
We develop a simple information-based model of FDI flows in which the abundance of intangible' capital in the source countries, which generates expertise in cream-skimming investment projects in the host countries and enhances FDI flows. Corporate transparency in the host countries, on the other...
Persistent link: https://www.econbiz.de/10013233009
The age structure of capital plays an important role in the measurement of productivity. It has been argued that the … productivity measurement. A proposition proves that Nelson's (1964) formula is wrong. Our final proposition shows that inclusion of … the vintage effect prompts an upward correction of measured productivity growth in times of an aging stock of capital …
Persistent link: https://www.econbiz.de/10013240940
considerations, whereas the second is governed by marginal profitability considerations. A positive productivity shock in the host … productivity conditions). Empirical literature on the determinants of FDI flows which uses the Tobit procedure aims at a correction …
Persistent link: https://www.econbiz.de/10013242928
overall productivity level of the economy. A comprehensive income tax, applying to both labour income and capital income … productivity, the adverse effect of income taxation on human capital investments is significantly magnified …
Persistent link: https://www.econbiz.de/10013245525
is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …
Persistent link: https://www.econbiz.de/10013313640