Showing 1 - 10 of 149
Since 2001, OECD corporate net lending has risen sharply. This paper examines the main forces at play behind this run-up and provides some insight into whether and how they might possibly unwind in the future, a process that may already be underway. It shows in particular that, the increase is...
Persistent link: https://www.econbiz.de/10012444971
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
on capital deepening and technical progress by examining the impact of regulations on investment (domestic and foreign …-competitive reforms tend to increase both investment and multifactor productivity and, through both these channels, they can lead to …
Persistent link: https://www.econbiz.de/10005046110
This paper explores the impact of structural policies on saving, investment, and current accounts in OECD and non … well as for a panel/cross-section of 117 OECD and non-OECD countries that relate saving, investment and current accounts to … saving, investment and current accounts through their impact on macroeconomic conditions such as productivity growth or …
Persistent link: https://www.econbiz.de/10008752697
Despite large differences across countries, Latin America’s average investment-to-GDP ratio and the overall quality of … decentralisation on investment based on a panel of Latin American countries since the late 1990 suggests that fiscal decentralisation … investment is associated with lower economy-wide gross fixed capital formation. Latin American countries will therefore need to …
Persistent link: https://www.econbiz.de/10012446501
The current monetary policy framework in several Latin American countries, combining inflation targeting and a floating exchange-rate regime, has contributed to disinflation by anchoring expectations around low, stable levels. This paper uses co-integration analysis to estimate simultaneously a...
Persistent link: https://www.econbiz.de/10012446842
Despite large differences across countries, Latin America’s average investment-to-GDP ratio and the overall quality of … decentralisation on investment based on a panel of Latin American countries since the late 1990 suggests that fiscal decentralisation … investment is associated with lower economy-wide gross fixed capital formation. Latin American countries will therefore need to …
Persistent link: https://www.econbiz.de/10008764469
corporate taxes on productivity and investment. Applying a differences-in-differences estimation strategy which exploits … investment analysis, the results suggest that corporate taxes reduce investment through an increase in the user cost of capital …
Persistent link: https://www.econbiz.de/10012444515
product market, concerning in particular entry barriers, are negatively related to investment. The implications of our … analysis are clear: regulatory reforms, especially those that liberalise entry, are very likely to spur investment ... …
Persistent link: https://www.econbiz.de/10012444698
This paper analyses how different tax policies can affect investment and productivity. To address this question the … differently by taxation. Investment is shown to respond negatively to an increase in the corporate tax rate and a decrease in …
Persistent link: https://www.econbiz.de/10012444789