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We study the effects of federal purchases on firm investment using a novel panel dataset that combines federal … firms’ capital investment by 10 to 13 cents. In line with the financial accelerator model, our findings indicate that the …-level analysis suggests that that the increase in investment at the firm level translates into an industry-wide effect without …
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phenomena, attention is paid to the role of profitability as a driver of productivity and investment and global hegemony as a … driver of international resource transfers. Particular attention is paid to an empirical analysis of the profitability of the … US corporate non-financial sector and the existence of a secular decline in profitability since the mid-1960s interrupted …
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US intend to expand US investment in response to the reform, in particular large firms and manufacturing companies. The … effects on investment in Germany are ambiguous: While some firms substitute between investment locations, others expand in … negative impact on tax revenues and investment in countries with close economic ties to the US. …
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Screening requirements are common features of fraud and corruption mitigation efforts around the world. Yet imposing these requirements involves trade-offs between higher administrative costs, delayed benefits, and exclusion of genuine beneficiaries on one hand and lower fraud on the other. We...
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