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-crisis programs to conduct investments. In most cases, they concentrated on modernization of transport or energy infrastructure. In … Poland it would have been presented program "Polish Investments". The main purposes of the article is presentation of public … investments programs and their role in sustainable development. …
Persistent link: https://www.econbiz.de/10011849369
gains, the merger lowers total investments and consumer surplus.Only if it entails suffcient effciency gains, will it be pro …-competitive. We also show there exist classes of models for which the results obtained with cost-reducing investments are equivalent … to those with quality-enhancing investments. …
Persistent link: https://www.econbiz.de/10011853332
Many Anglo-American jurisdictions aim to provide debtors with a 'fresh start' after a personal bankruptcy. However, we query the extent to which debtors can achieve a fresh start if records of individual bankruptcies are publicly available, with no restrictions on their use. To inform the legal...
Persistent link: https://www.econbiz.de/10011874381
causal impact of local firms' investments. Using this as an instrumental variable in a 2SLS estimation, we find that an … competition among firms is stronger and supports theories that firm investments are strategic substitutes due to competition. …
Persistent link: https://www.econbiz.de/10011892405
The paper studies how stock price misvaluation and financial frictions affect whether an acquisition occurs between or within industries and whether the acquirer pays in cash or stocks. I set up a model where stock market misvaluation correlates within industries and across industries and assume...
Persistent link: https://www.econbiz.de/10011917033
negligible effects on gross investments, and negative, but not statistically significant, effects on labor productivity. …
Persistent link: https://www.econbiz.de/10011917051
, investments and the average rate of return of private pension funds …
Persistent link: https://www.econbiz.de/10011920353
This paper aims to analyze the data regarding the cooperation programs supporting the development of agrotourism of Romania. The data were taken from the Ministry of Agriculture and Rural Development and were processed according to the objectives of the paper, namely the allocation of European...
Persistent link: https://www.econbiz.de/10011948427
This research provides a grasp of China's energy needs and their implications for SSA countries in order to give a balanced and better understanding of its role on the continent. More specifically, the aim is to understand why and how China is involved in the SSA energy sector and what are the...
Persistent link: https://www.econbiz.de/10011957019
While little attention has been paid to the role of profitability in the empirical literature on firm exit, we employ a detailed recently established database of Norwegian manufacturing firms to identify the extent to which profitability explains a firm's exit behavior. Some key characteristics...
Persistent link: https://www.econbiz.de/10011968476