Nach den aktuellen Ergebnissen der ifo Investitionsumfrage wollen die Unternehmen des deutschen Verarbeitenden Gewerbes 2019 ihre Investitionen in neue Maschinen und Bauten um nominal knapp 11% erhöhen. Für das Jahr 2018 ergaben die Meldungen der Befragungsteilnehmer einen Anstieg von knapp...

Nach den Plänen der Unternehmen ist im Verarbeitenden Gewerbe 2019 mit einem Anstieg der Investitionen um rund 8% zu rechnen. Für das vergangene Jahr ergaben die Meldungen der Firmen einen Zuwachs von gut 6%. Hauptzielsetzung der Investitionstätigkeit war 2018 und ist auch 2019 die...

Though the U.S. federal investment tax credit (ITC) was permanently repealed in 1986, statelevel ITCs have proliferated over the last few decades. Are these tax incentives effective in increasing investment within the state? How much of this increase is due to investment drawn away from other...

Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. This paper reviews the possible sources of such spillovers and the empirical evidence for their existence in developing, developed and transitional economies. Although...

The debate on trade and growth increasingly focuses on the composition of exports. Exports of more “sophisticated” products appear to be positively correlated with growth, and upgrading the quality of exports is high on the policy agenda of many countries. This study presents evidence...

Based on an idiosyncratic reading of the literature I propose intermediate (rather than tight or soft) regulation for balancing investment incentives with allocative efficiency and competition objectives. Intermediate regulation is compatible with incentive regulation and helps lengthening the...

The flow of foreign direct investment (FDI) has increased dramatically in the last two decades. However, the distribution of FDI is highly unequal and the competition among countries to attract foreign investors is fierce. This report investigates the determinants of FDI inflows to developing...

The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...

This paper develops a comprehensive endogenous growth framework to determine the optimal mix of growth policies. The analysis is novel in that we capture important elements of the tax-transfer system and fully take into account transitional dynamics in our numerical analysis. Currently, for...

Recent years have seen a significant improvement in the economic performance of some African countries. The resulting increased dispersion in income levels across Africa, combined with the pertinence of detecting regional role models renders an intra-African analysis more attractive. In this...