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Our main interest is the impact of the choice of the speed of economic reform on economic growth. We estimate a system … of 3 equations where economic growth, economic reform and FDI are jointly determined. We find that new reforms affect … economic growth negatively but attract FDI, whereas the level of past reform leads to higher growth. This means that the …
Persistent link: https://www.econbiz.de/10009476841
The Centre for European Reform is a think-tank devoted to improving the quality of the debate on the European Union. It …
Persistent link: https://www.econbiz.de/10009636990
This article deals with fundamental and topical problems of taxation policy, viewing the subject from both a German and an international perspective. Traditional income tax regimes in developed countries with their progressive tax rates are still based upon the redistributive philosophy which...
Persistent link: https://www.econbiz.de/10009441794
New trends in global economy require greater capacity of the agricultural workforce. In order improve agricultural productivity it is needed to increase the level of human capital of the agrarian population. Human capital is accumulatedknowledge, created in the long term process of human...
Persistent link: https://www.econbiz.de/10009445915
-history analysis of the determinants of reform in the telecommunications and electricity sectors of as many as 205 countries and … borrowing countries. We discuss the possibility that, by pressuring countries into policy reform, cross-national coercion and …
Persistent link: https://www.econbiz.de/10009477140
-income tax is the best option when looking at tax reform. …
Persistent link: https://www.econbiz.de/10009450215
on a glass half empty instead of on a glass half full. The recently advocated “reform” of simply scrapping the AMT would …
Persistent link: https://www.econbiz.de/10009432054
This paper investigates the relationship between annual report disclosure, market liquidity, and capital cost for firms registered on the Deutsche Börse. Disclosure is comprehensively measured using the innovative Artificial Intelligence Measurement of Disclosure (AIMD). Results show that...
Persistent link: https://www.econbiz.de/10009447463
This study investigates the importance of reduced capital misallocation in explaining the gains in corporate spinoffs. The capital misallocation hypothesis asserts that the internal capital market of a diversified firm fails to meet the needs of the relatively low growth divisions for less...
Persistent link: https://www.econbiz.de/10009475068
Japanese market and the US West Coast market. Japan is the principal potential export market for Alaskan crude oil. Exports to …
Persistent link: https://www.econbiz.de/10009436598