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This paper compiles project-level data from the World Bank's lending history to describe patterns and the composition … support. The results are robust to controlling for non-World Bank aid, as well as various alternative specifications and …
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This paper discusses the impact of a firm's technology portfolio on its market value. Two concepts are used to …
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We study optimal investment in technologies characterized by the learning curve. There are two investment patterns depending on the shape of the learning curve. If the learning process is slow, firms invest relatively late and on a larger scale. If the curve is steep, firms invest earlier and on...
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