the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the … product market, concerning in particular entry barriers, are negatively related to investment. The implications of our …

This paper evaluates the effects of fiscal policy on investment using a panel of OECD countries. In particular, we … investigate how different types of fiscal policy affect profits and , as a result, investment. We find a sizable negative effect … of public spending -- and in particular of its public wage component -- on business investment. This result is consistent …

variety of tests for world financial capital market integration ranging from the correlation of saving and investment …

increases in domestic savings rates induce approximately equal increases in domestic rates of investment. New estimates for the … post-OPEC period 1974-79 imply that each extra dollar of domestic saving increases domestic investment by approximately 85 … flows than to their short-run behavior. Coefficient estimates based on annual variations in savings and investment are …

investment rates observed in OECD countries. We find that once controlling for general equilibrium effects the saving …

This paper evaluates evidence of the impact of outbound foreign direct investment (FDI) on domestic investment rates …. OECD countries with high rates of outbound FDI in the 1980s and 1990s exhibited lower domestic investment than other … countries, which suggests that FDI and domestic investment are substitutes. U.S. time series data tell a very different story …

empirically much more important than employment subsidies. We then discuss possible explanations for the dominance of investment …-firm bargaining also gives rise to underinvestment. In this framework, it turns out that an investment subsidy dominates an employment … subsidy in terms of welfare. The reason is that investment subsidies are a more efficient instrument to alleviate the …