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China's rapid economic growth over the past forty years was in good part driven by capital accumulation, with, in … growth in China, questions how much longer China can sustain high investment rates, and critically examines arguments … economic sectors, with little specialization. The foreign share of investment in China has become negligible, and the China …
Persistent link: https://www.econbiz.de/10012936719
The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and …
Persistent link: https://www.econbiz.de/10012205874
Investment has always played an important role in the economic development strategies of the People's Republic of China … had little effect. The data suggest that investment patterns in China are largely divorced from the industrial policies … government policies. The finding negates foreign concerns that the Chinese state via industrial policies such as “Made in China …
Persistent link: https://www.econbiz.de/10012913852
This paper aims at the provision of applicable recommendations for institutions and actors involved regarding the EMU accession process both in CEE and in the euro-zone. In order to provide topical advice, the first part, on markets, will concentrate on theory and empirics of labour markets,...
Persistent link: https://www.econbiz.de/10003968901
We analyze the economic forces underlying cross-border Mergers and Acquistions (M&As) using a large bilateral panel data set. The frequent occurrence of zero observations provides essential information on the structure of M&A flows, which we model empirically using a two-stage procedure. At the...
Persistent link: https://www.econbiz.de/10011376623
The relevance of political risk to international trade and investment remains a topic of continuing interest. However, summary measures of political risk, including country corruption, do not give consistent results. In this paper, we bring together two recent streams of literature to highlight...
Persistent link: https://www.econbiz.de/10003231263
This paper aims at the provision of applicable recommendations for institutions and actors involved regarding the EMU accession process both in CEE and in the euro-zone. In order to provide topical advice, the first part, on markets, will concentrate on theory and empirics of labour markets,...
Persistent link: https://www.econbiz.de/10002612636
We examine the impact of international venture capital investors on private firm success spanning 69 countries over the years 1995-2010. The data examined indicate that, relative to deals in which the investor base is purely domestic, private firms that have an international venture capital...
Persistent link: https://www.econbiz.de/10012904883
Persistent link: https://www.econbiz.de/10012991191
We examine how firm and country heterogeneity shape the response of corporate investment in emerging markets to changes in global interest rates and volatility. We test for the presence of (i) a financing channel originating from changes in the costs of external borrowing and (ii) a real options...
Persistent link: https://www.econbiz.de/10012998802