Showing 1 - 10 of 8,242
This paper contributes to the large debate regarding the impact of oil price changes on U.S. GDP growth. Firstly, it replicates empirical findings of prominent studies and finds that the proposed oil price measures have a dissipating effect with recent data up to 2016Q4. Secondly, it re-examines...
Persistent link: https://www.econbiz.de/10011906502
We focus on the first 20 years of the Euro, from 1999 to 2019, and we split this period into two approximate decades to examine the performance of three benchmarks: the real GDP quarterly growth, the annualized real per capita GDP changes and unemployment. These illustrate that the under...
Persistent link: https://www.econbiz.de/10012834156
In this paper, we empirically assess how economic sanctions imposed by the UN and the US affect the target states' GDP growth. Our sample includes 68 countries and covers the period 1976-2012. We find, first, that sanctions imposed by the UN have a statistically and economically significant...
Persistent link: https://www.econbiz.de/10011374064
In this paper the authors conduct a meta-analysis to examine the link between R&D spending and economic growth in the EU and other regions. The results suggest that the growth-enhancing effect of R&D in the EU15 countries does not differ from that in other countries in general, but it is less...
Persistent link: https://www.econbiz.de/10010512534
This paper assesses the role of financial frictions and Foreign Direct Investment (FDI) on an economy´s growth rate … suggest that in the presence of credit market imperfections FDI is associated with faster growth, less leverage, and lower …
Persistent link: https://www.econbiz.de/10011373504
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...
Persistent link: https://www.econbiz.de/10008746858
This paper takes the position that technology transfers associated with foreign direct investment inflows (FDI) are an … paribus, depend on the attributes of FDI providers, particularly as they relate to the degree of technological advancement and … the behavioral aspects of the technology transfer. Japan and the U.S. are two important sources of FDI where multinational …
Persistent link: https://www.econbiz.de/10013004373
trade induced real income gains while the FDI related and innovation induced benefits have been largely neglected, although … the EU and the US are leading FDI host countries and FDI source countries. Moreover, from a theoretical perspective a … knowledge production function has to be considered in order to analyze FDI and innovation dynamics – and this can then be linked …
Persistent link: https://www.econbiz.de/10012948641
trade induced real income gains while the FDI related and innovation induced benefits have been largely neglected, although … the EU and the US are leading FDI host countries and FDI source countries. Moreover, from a theoretical perspective a … knowledge production function has to be considered in order to analyze FDI and innovation dynamics - and this can then be linked …
Persistent link: https://www.econbiz.de/10011716195
We document a robust relation between corporate tax differentials and US international financial integration (IFI). While this is the case for traditional IFI based on cross-border positions, the positive link also emerges for its larger consolidated-by-nationality version. The gap between these...
Persistent link: https://www.econbiz.de/10014492188