Showing 1 - 10 of 633
of multinational firms' location and production decisions and the welfare implications of multinational production. The … costs of foreign investment are large. Second, I calibrate the model to data on trade and multinational production for … divert a sizable fraction of the production of EU multinationals from the US to Canada …
Persistent link: https://www.econbiz.de/10012992631
The strength of contract enforcement determines how firms source inputs and organize production. Using microdata on … Indian manufacturing plants, we show that production and sourcing decisions appear systematically distorted in states with … of input use. The equilibrium organization of production and the network structure of input-output linkages arise …
Persistent link: https://www.econbiz.de/10012912175
I use a large cross country data set and panel probit analysis to investigate the way in which the interaction between trade and financial openness affect the probability of external crises. This analysis is related to debate on the adequate sequencing of reform. I also investigate the role...
Persistent link: https://www.econbiz.de/10013232183
This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of … changes in performance since the reforms, which started in China in 1979 and in India in 1991. Such a comparison shows more … progress towards the Millennium Development Goals (MDGs) and India lags behind other South Asian countries. The responsiveness …
Persistent link: https://www.econbiz.de/10013082166
The relative performance of China and India is compared using two different methods and they provide a very different … goods and services and of gross fixed capital formation. Using a two tailed- test we find that China does better than India … higher share of XGS, GFCF etc in GDP than does India. We also find that China usually has a lower CV, namely a more stable …
Persistent link: https://www.econbiz.de/10013082432
Employing a technological solution to monitor the attendance of public-sector health care workers in India resulted in …
Persistent link: https://www.econbiz.de/10013047401
The projected path of the U.S. national debt is the major challenge facing American economic policy. Without changes in tax and spending rules, the national debt will rise from 62 percent of GDP now to more than 100 percent of GDP by the end of the decade and nearly twice that level within 25...
Persistent link: https://www.econbiz.de/10013137028
Changes in fiscal policy typically entail two kinds of lags: the legislative lag--between when legislation is proposed and when it is signed into law--and the implementation lag--from when a new fiscal law is enacted and when it takes effect. These lags imply that substantial time evolves...
Persistent link: https://www.econbiz.de/10013138090
One possible explanation for the difficulty in controlling the budget is that a major component of spending --tax expenditures--receives privileged status. It is treated as tax cuts rather than spending. This paper explores the implications of that classification and illustrates how it can lead...
Persistent link: https://www.econbiz.de/10013121734
Past government spending in Japan is currently imposing a significant fiscal burden that is reflected in a net debt to output ratio near 150 percent. In addition, the aging of Japanese society implies that public expenditures and transfers payments relative to output are projected to continue to...
Persistent link: https://www.econbiz.de/10013076179