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The 'pollution haven' hypothesis refers to the possibility that multinational firms, particularly those engaged in … possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … the effect at the firm level. In addition, environmental standard of the host countries and pollution intensity of the …
Persistent link: https://www.econbiz.de/10013246646
have smaller welfare-state programs and less corruption. Other results present puzzles for future research: the adjustment …
Persistent link: https://www.econbiz.de/10013223867
Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be influenced by firm actions (e.g. bribes) and...
Persistent link: https://www.econbiz.de/10013143185
We review the evidence that artificial intelligence (AI) is having a large effect on the economy. Across a variety of …
Persistent link: https://www.econbiz.de/10012916895
This paper reviews six English-language books on the economy of Israel. Each book was written or edited by Israelis …, and each is from a different decade. The earliest book, Don Patinkin%u2019s The Israel Economy: The First Decade, was … written in the late 1950s, and the most recent volume, The Israeli Economy, 1985 - 1998: From Government Intervention to …
Persistent link: https://www.econbiz.de/10013220090
The paper opens with a description of the salient features of the Israeli economy. These consist of a large government … indexation of both wages and long term financial commitments. A descriptive model of the economy is then presented, which … includes the particular asset menu of the Israeli economy, and its properties examined. Finally,the rrodel is used in analyzing …
Persistent link: https://www.econbiz.de/10014118833
and Germany, and thereby assess the impact of increased pollution abatement capital regulation on productivity growth. Our … expenses incurred to satisfy these regulations, such as investment in pollution abatement capital, is unproductive in terms of … paper we construct a model which explicitly recognizes the difference between pollution abatement capital and "productive …
Persistent link: https://www.econbiz.de/10013231224
There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of imports. Assuming reasonable spreads between the yield on reserve assets and the cost of foreign...
Persistent link: https://www.econbiz.de/10012761780
The Terrorism Risk Insurance Act of 2002 (TRIA) established a public-private program to cover commercial enterprises against foreign terrorism on US soil. It was a temporary measure to increase the availability of risk coverage for terrorist acts by requiring insurers to provide coverage....
Persistent link: https://www.econbiz.de/10013310248
which the United States eliminated corruption. This paper examines the concept of corruption in American history; tracing … the term corruption to its roots in British political philosophy of the 17th and 18th century, and from there back to … Machiavelli, Polybius and Artistole. Corruption was defined prior to 1850 in a way that was significantly different from how it …
Persistent link: https://www.econbiz.de/10013224891