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Persistent link: https://www.econbiz.de/10002405561
Several studies have highlighted information and communications technology (ICT) as a driver of firm productivity in developed countries. However, evidence of the impacts of ICT on services and manufacturing, particularly in developing countries, is scarce. This paper analyzes the determinants...
Persistent link: https://www.econbiz.de/10011472357
The vigorous growth of the Chinese economy together with its growing role in international trade has raised fears of deindustrialization among developing countries. This study draws on the large increase in the international trade exposure of the Brazilian economy from 2000 to 2012 to assess the...
Persistent link: https://www.econbiz.de/10012154672
This paper uses the sudden surge in Chinese competition faced by Brazil's manufacturers in the 2000s to revisit the …
Persistent link: https://www.econbiz.de/10012267592
This paper examines the direct private equity investment strategies across sovereign wealth funds and their relationship to the funds' organizational structures. SWFs seem to engage in a form of trend chasing, since they are more likely to invest at home when domestic equity prices are higher,...
Persistent link: https://www.econbiz.de/10008810286
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For over a decade, academic and industry economists argued that the negative correlation between returns on stocks and … portfolio management strategies. Does this negative correlation give rise to the possibility of unexploited profit opportunity … in the financial markets? Using a rational asset-pricing model, we argue that such a negative correlation could arise as …
Persistent link: https://www.econbiz.de/10008840951
Classical definitions of complementarity are based on cross price elasticities, and so they do not apply, for example, when goods are free. This context includes many relevant cases such as online newspapers and public attractions. We look for a complementarity notion that does not rely on price...
Persistent link: https://www.econbiz.de/10010517697