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This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into … independence matters for both investment and financial decisions. Investment increases under an Independent Regulatory Agency (IRA … privately controlled. Finally political orientation does matter, as firm investment increases under more conservative (pro …
Persistent link: https://www.econbiz.de/10008729094
This paper examines the impact of outward foreign direct investment (OFDI) on domestic investment by applying co … of the US, OFDI has positive long-run effects on domestic investment while in the case of Germany the reverse effect is …
Persistent link: https://www.econbiz.de/10010260909
implications for the analysis of investment demand and its responsiveness to tax policy. We estimate the structural parameters of a … model in which domestic and foreign investment interact in two important ways. First, the MNC's production technology allows … investment in one locaton may be affected by investment in other locations. We estimate the model using firm-level panel data …
Persistent link: https://www.econbiz.de/10011576501
This paper makes three contributions. First, I construct annual time series of gross domestic investment and national … document the long-run bivariate relationship between the time series of investment and saving. Third, I also examine the short …-run as well as the cyclical relationships between the time series of investment and saving. The results reported in this …
Persistent link: https://www.econbiz.de/10014087784
In our article we present the use of hybrid securities in the privatization process. We show that exchangeable bonds … may be successfully applied during privatization of state companies throughout the world. It may be profitable for many … privatization processes by means of exchangeable bonds i.a. in Germany and in Austria. Most of such operations, e.g. German Deutsche …
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