Showing 1 - 10 of 14
Understanding the determinants of the location of MNE affiliates has become increasingly important for policy makers at the local, regional, national, and supra-national level, as investment promotion schemes are increasingly seen as an important cornerstone of the industrial development of most...
Persistent link: https://www.econbiz.de/10011159932
In this paper we develop a simple neoclassical growth model with perfect internationalcapital mobility to analyze the international debt dynamics of developing countries ingeneral and Korea, Malaysia and Thailand in particular. We show that three differentregimes can be distinguished: a stable...
Persistent link: https://www.econbiz.de/10011159984
Under the standard neo-classical growth framework, conditional convergence studies assume that a country with a higher initial human capital among others ''performs'' better. Nevertheless the growth implications of health, another component of human capital, compared to education, have not been...
Persistent link: https://www.econbiz.de/10011160003
Schneider (1997) showed that the success of a green tax reform depends crucially on a smallslope of the wage curve of an efficiency wage model in which production occurs using a secondfactor E, energy or emissions. Scholz (1998) revealed that there is a second necessary conditionthat the...
Persistent link: https://www.econbiz.de/10011160054
While long waves have been seriously discussed by economists for almost one hundred years, to date there is no scientific consensus that particular frequency components are in any way privileged in the undoubtedly fluctuating history of modern economic and political development. This is...
Persistent link: https://www.econbiz.de/10011160060
Abstract not available
Persistent link: https://www.econbiz.de/10011160079
Abstract not available
Persistent link: https://www.econbiz.de/10011160089
For a long time economists have tended to ignore health as a relevant factor of production and important determinant of economic growth. The widely observed positive relationship between health expenditures and economic growth was considered the result of a strong positive income effect....
Persistent link: https://www.econbiz.de/10011165145
The explanation of twin peak empirics through multiple-steady-state growth models has one serious implication: Whenever a model generates twin peaks in GDP per capita it also generates twin peaks in other variables. We check for some multiple steadystate models whether or not they have twin...
Persistent link: https://www.econbiz.de/10011201924
This research develops a theory and presents empirical evidence of a link between economic outcomes and genetic evolution. Important properties for successful analysis of such a link are found in the adaptive immune system and particularly in the major histocompatibility complex (MHC), a...
Persistent link: https://www.econbiz.de/10011201932