problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …

ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …

taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central …-level investment efficiency while reducing the level of investment. Our paper provides timely empirical evidence to inform expectations …

The main objective of the present paper is to estimate the extent to which firm investment is substituted (crowded …-out) by investment support policies granted under the EU Rural Development Programme (RDP). In the empirical analyses we …

This paper addresses the issue of how regulatory constraints affect firm s investment choices when the firm has an … option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits … go beyond a given level. It is shown that a pure price cap and profit sharing are identical in their impact on investment …

. Adjustment and agency costs are included in the neoclassical theory of optimal financial and investment decisions for firms. In …The importance of credit market imperfections for investment behavior is analyzed using Swedish firm level data … the light of the theory of imperfect information. The econometric results indicate that investments are a¤ected by both …

In this paper we attempt to investigate the importance of certain external factors on the investment decision among … Polish companies. With the use of data from the tailored made Survey on Receivables we examine factors influencing investment … finally we determine the relative influence of these factors on the actual investment reductions. The results showed that …

Governments use tax expenditures to boost investment, innovation and employment. However, these schemes are largely …