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This paper examines the pattern of foreign direct investment (FDI) in producer services. We develop a model of FDI in these services and test its predictions using panel data on U.S. FDI in 25 host countries from 1976 to 1995. We find evidence that, in addition to governmental and cultural...
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The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However, the size of the estimated growth rate of total...
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examined in both the short run and long run. The book's unique application of economic theory to food safety decision making in … concepts are applied to food safety supply chains, such as, principal-agent theory and the economics of information. Authors …-Agent Theory, and International Challenges HACCP Implementation, Economic Incentives, and Benefit/Cost Analysis: U.S. Meat and …
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