With the economic globalization growing at a rapid pace over the past years, the international joint ventures (IJVs) have become popular increasingly in a large number of countries, as well as many industries. For the purposes of sharing risk, complementing or integrating resources, authority...

Die vorliegende Studie wurde im Arbeitsbereich Branchenforschung erstellt und im Juli 2008 abgeschlossen. Auftraggeber war der Bundesverband der Deutschen Gießerei-Industrie (BDG). Koordiniert wurde die Zusammenarbeit von Heiko Lickfett, Chefvolkswirt des Verbandes. Das ifo Institut für...

In this paper we investigate the long-run and short-run relationship between housing investment and economic growth in China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric techniques for panel unit root testing and heterogeneous...

Im Mittelpunkt der Euroconstruct-Sommerkonferenz 2005 standen traditionell die aktualisierten Prognosen zur Entwicklung der Bautätigkeit in den 19 Mitgliedsländern des Euroconstruct-Netzwerks: Für das laufende Jahr wird - wie schon 2004 - eine Zunahme des europäischen Bauvolumens um etwas...

Im Mittelpunkt der Euroconstruct-Sommerkonferenz 2005 standen traditionell die aktualisierten Prognosen zur Entwicklung der Bautätigkeit in den 19 Mitgliedsländern des Euroconstruct-Netzwerks: Für das laufende Jahr wird - wie schon 2004 - eine Zunahme des europäischen Bauvolumens um etwas...

In this paper we investigate the long-run and short-run relationship between housing investment and economic growth in China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric techniques for panel unit root testing and heterogeneous...

China has a vast number of unsold and unoccupied homes. Can incentives faced by local politicians explain this puzzle? In China, local governments are monopolists in selling land use-rights, which is a key input for the housing market. City managers, the leader of local governments, are promoted...

This paper proposes a dualism of hypothesis derived from dynamic Cournot competition on whether house building is driven by credit constraint corresponding to collateral value. Using monthly data from Jan 2004 to May 2016 of 26 Chinese provinces and 4 direct-controlled municipalities, the...

China's property market has been the subject of much media coverage in recent years. Rapid price increases for residential property and the possibility of a price bubble in many cities has led the central government to take a myriad of regulatory measures to cool housing markets. Scholarly...