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Declining R&D intensities at the national level coincide with growing international technological links. Deviations of individual OECD countries from the average R&D intensity reflect differences in industry structure as well as in sectoral R&D intensity. At the same time, the sectoral...
Persistent link: https://www.econbiz.de/10010295338
schwedischer Tochtergesellschaften in Deutschland im Vergleich mit denen in anderen Ländern untersucht. Es zeigt sich, dass die … Multis, in Deutschland zu investieren. Dabei zeigt sich, dass die Standortentscheidung beeinflusst wird vom Niveau der … Lohnkosten in Deutschland und an anderen potentiellen Standorten in europäischen Hocheinkommensländern, aber nicht von den …
Persistent link: https://www.econbiz.de/10010295592
The choice between foreign direct investment (FDI) and exports has been a recurrent theme in the literature on international trade, yet few studies have analysed this choice at the level of the individual firm. This paper uses a new dataset to study the FDI-versus-exports decision for banks. We...
Persistent link: https://www.econbiz.de/10010295632
Globalization has effected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...
Persistent link: https://www.econbiz.de/10010295678
Transaktion dieser vier Anleihen in Deutschland umfasst. Dies ist besonders für Arbeiten über den Rentenmarkt von großem Interesse …
Persistent link: https://www.econbiz.de/10010295689
-Verbraucherumfrage ermittelten Daten und die von Consensus Economics erhobenen Expertenprognosen für Deutschland, Frankreich und Italien. Die …
Persistent link: https://www.econbiz.de/10010295707
On the basis of accounting and market data for firms and groups listed on German stock exchanges between 1997 and 2003, we show that the value relevance of R&D information under German accounting standards can be superior to that provided by US-GAAP and IAS. The results, obtained while...
Persistent link: https://www.econbiz.de/10010295781
Political risk represents an important hidden transaction cost that reduces international trade. This paper investigates the claim that German public export credit guarantees (Hermes guarantees) mitigate this friction to trade flows and hence promote exports. We employ an empirical trade gravity...
Persistent link: https://www.econbiz.de/10010295825
In this paper, we define a new class of richness measures. In contrast to the often used headcount, these new measures are sensitive to changes in rich person's income and therefore allow for a more sophisticated analysis of richness. We demonstrate the application of these new measures to...
Persistent link: https://www.econbiz.de/10010297013
Microfinance is not a recent development, and neither is the development of regulation and supervision of microfinance institutions (MFIs). Every now developed country has its own history of microfinance. It is important to recognize this because it presents a view different from that of many in...
Persistent link: https://www.econbiz.de/10010297106