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-growing populations. However, institutional failures and the risk of expropriation substantially reduce developing economies …' attractiveness for foreign investors. We analyze the influence of a country's demographic structure on international investment …, using a political-economy model in which population growth potentially affects the risk of expropriation. We first explore …
Persistent link: https://www.econbiz.de/10011430070
The purpose of this paper is to analyze the effects of foreign acquisitions on the productivity of acquired Swedish … over by foreign multinationals (MNEs). As we examine the effects on both acquired manufacturing and service firms, we also … analyze the effects in small firms, e.g., those with one or more employees. To control for the possible endogeneity of foreign …
Persistent link: https://www.econbiz.de/10012654458
This paper contributes to the empirical literature on determinants of FDI by addressing the question: Why do some developing countries from Asia continue to receive more FDI, while others from the region have fallen behind? It finds R&D-based innovative capacities, and the ability to apply such...
Persistent link: https://www.econbiz.de/10011807600
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting … marginal effect of aid on private foreign investment is close to zero. Surprisingly, however, the effect is strictly positive …
Persistent link: https://www.econbiz.de/10011430042
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between …
Persistent link: https://www.econbiz.de/10011430093
In this paper I test two models of strategic debt behavior. The general idea is that if a government anticipates the possibility of defeat in the next election it will try to use the debt strategically in order to influence the policy of its successor. Previous empirical studies have either...
Persistent link: https://www.econbiz.de/10010321712
Conventional wisdom suggests that compulsory voting lowers the influence of specialinterest groups and leads to policies that are better for less privileged citizens, who often abstain when voting is voluntary. To scrutinize this conventional wisdom, I study public goods provision and rents to...
Persistent link: https://www.econbiz.de/10011430085
The application and design of public-private partnerships between the extremes of purely public or purely private task fulfilment in public services is, in practice, subject to political processes. Decisions about PPPs (realisation, arrangement) are taken in the political arena and are therefore...
Persistent link: https://www.econbiz.de/10010306845
We propose a dynamic version of the standard two-party electoral competition model adapted to nonlinear income taxation. The theory has a number of desirable features. First, equilibria always exist, even though the set of admissible tax policies is multidimensional. Second, the Nash set can be...
Persistent link: https://www.econbiz.de/10010266353
We provide a characterization of virtual Bayesian implementation in pure strategies for environments satisfying no-total-indifference. A social choice function in such environments is virtually Bayesian implementable if and only if it satisfies incentive compatibility and a condition we term...
Persistent link: https://www.econbiz.de/10010318865