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Plant-level panel data from Mexico's Annual Industrial Survey is employed to evaluate the impact of reductions in tariffs and import license coverage on final goods, as well as intermediates, on firms'investment decisions. Using data from 1984 to 1990, a period during which a large scale trade...
Persistent link: https://www.econbiz.de/10012563986
This paper analyzes analyze the impact of deregulatory reforms in India during the 1990s, which eliminated compulsory industrial licensing, on manufacturing firms' investment decisions. The paper finds an economically and statistically significant positive effect of delicensing on investment. It...
Persistent link: https://www.econbiz.de/10012570722
We analyse the impact of deregulatory reforms in India during the 1990s, which eliminated compulsory industrial licensing, on manufacturing firms' investment decisions. We find an economically and statistically significant positive effect of delicensing on investment. We also show that firms in...
Persistent link: https://www.econbiz.de/10012702502
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We evaluate the impact of trade liberalization on the intensive margin of the firm's investment in foreign capital goods. To do so, we use Indian firm-level panel data from a period of a large-scale trade liberalization (1989–1997) to estimate an investment equation using the system-GMM...
Persistent link: https://www.econbiz.de/10013255391
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We evaluate the impact of SARS-CoV-1 infection rates on inbound cross-border mergers & acquisitions (M&As) in China. Using transaction level data on cross-border M&As from 2002 to 2005, we show that Chinese provinces that experienced high level of SARS-CoV-1 infection rates, also suffered a...
Persistent link: https://www.econbiz.de/10013245655
The Belt and Road Initiative was introduced by President Xi in an attempt to further economic connections with partner countries and foster development within China. We examine the effect of the Initiative on Chinese cross-border M&As. We find that the Initiative significantly increases the...
Persistent link: https://www.econbiz.de/10012829459
The impact of increased export activity on plant wages is estimated in a developing country context. To avoid potential endogenous selection problems, the empirical analysis benefits from exogenous variation in exports induced by a policy experiment—an export subsidy system implemented in...
Persistent link: https://www.econbiz.de/10012561560