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Saving, Investment, and Growth: A Causality Test

Zangeneh, Hamid - In: Iranian Economic Review 11 (2006) 2, pp. 165-175

. Traditionally we have assumed that risks and profits drive investment, investment drives growth, and growth, in turn, is the driving … performed to ascertain whether this sequence is true. We found it is not the case, and saving precedes investment. If so …, macroeconomic policies must be directed as increasing saving to foster further investment and economic growth and not the other way …

Persistent link: https://www.econbiz.de/10011071063

Strategic investment, industry concentration and the cross section of returns

Bustamante, Maria Cecilia - London School of Economics (LSE) - 2011

competition a¤ects the industrial dynamics of investment, concentration, and expected returns. When firms have similar production …

Persistent link: https://www.econbiz.de/10011071300

Decentralization schemes, cost-benefit-analysis, and net national product as a measure of social well-being

Dasgupta, Partha; Maler, Karl-Goran - London School of Economics (LSE) - 1998

This paper is about net national product (NNP). We are concerned with what NNP means, what it should include, what it offers us and, therefore, why we may be interested in it. We show that NNP, properly defined, can be used as a gauge for project evaluation, but we also show that it should not...

Persistent link: https://www.econbiz.de/10011071310

Institutions and the Location of Oil Exploration

Cust, James; Harding, Torfinn - Oxford Centre for the Analysis of Resource-Rich … - 2014

We provide evidence that institutions strongly influence where investors drill for oil and gas. At national borders, investors drill on the side with better institutionalquality two times out of three. To identify the effect of institutions, we utilise a global data set on the location of...

Persistent link: https://www.econbiz.de/10011071722

Relational Contracts and Specific Training

Malcomson, James - Department of Economics, Oxford University - 2014

productive, or near equally productive employees without relational contracts. Investment in specific training relaxes the … incentive constraints on relational contracts, so the optimal level of investment can be higher for those with a relational … additional cost of optimal investment precisely offsets the post-investment surplus for marginal employees in relational …

Persistent link: https://www.econbiz.de/10011071727

The Autochtonous Investments and the Business Environment

ANGHELACHE, Constantin; SACALA, Cristina - In: Romanian Statistical Review Supplement 62 (2014) 10, pp. 83-86

The importance of the national, autochtonous capital, cannot be underestimated, as maintaining over a long period a mixed structure of the economy, by the coexistence of the private sector in the process of getting established, exclusively represented by small and medium companies, with a state...

Persistent link: https://www.econbiz.de/10011071776

Evolution of the Population Expenditure in 2013

NICOLA, Zoica; URSACHE, Alexandru - In: Romanian Statistical Review Supplement 62 (2014) 10, pp. 138-145

investment expenditure, consisting in the purchase or construction of housing, purchase of land and household equipment …

Persistent link: https://www.econbiz.de/10011071793

Text and artefacts for creating a "World of Investment Decision-Making" : an empirical study into investment procedures

Dambrin, Claire; Pezet, Anne - Université Paris-Dauphine (Paris IX) - 2005

The investment procedure prescribes the stages and tests through which all investment projects must pass before being … paper, we intend to understand how investment procedures enable grand ideals regarding investment to be institutionalised … effect during the process of institutionalisation, through which grand investment ideals (e.g. competitiveness, value …

Persistent link: https://www.econbiz.de/10011072276

Text and artefacts for creating a "World of Investment Decision-Making" : an empirical study into investment procedures

Dambrin, Claire; Pezet, Anne - Université Paris-Dauphine (Paris IX) - 2007

Persistent link: https://www.econbiz.de/10011072823

The Investment Climate in Egypt : Institutions or Particularistic Relationships as Conditions for Sustainable Reform

Yousfi, Hèla - Université Paris-Dauphine (Paris IX) - 2009

Countries referred to as “developing” are being urged more and more to reform their “investment climate”. It is often … said that a “good” investment climate leads to both increased economic growth and reduced poverty. In these countries … behind unattractive investment climates or investors. International development agencies believe that by adopting …

Persistent link: https://www.econbiz.de/10011073106