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We use data on motives of international outsourcing and location choices from a recent survey of European companies to assess the labour market repercussions at home. Employing Tobit models we differentiate between job losses as well as job creation for high and low skilled employees at the...
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aims at reducing information barriers - investment promotion. We present evidence on the impact of this policy on … multinational firms and assistance by the investment promotion agency (IPA) in Costa Rica over the period 2000-2016. Estimates … suggest that investment promotion has been effective: support from the IPA is associated with an increase of 11 percentage …
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Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour costs or labour-market institutions. This paper explores an additional source of differentials in competitiveness: land and building prices. European countries, especially France,...
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The EU-wide Emission Trading Scheme (ETS), established in 2005, is a key pillar of Europe¿s strategy to attain compliance with the Kyoto Protocol. Under this scheme, CO2 allowances have thus far been allocated largely free of charge. This paper demonstrates that such cost-free allocation,...
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