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large and high returns on investments are unlikely, telecom firms may not be able to invest sufficiently and lose …
Persistent link: https://www.econbiz.de/10010327714
This paper builds on the notion that the market for electronic communication is doing the investments in broadband … broadband networks, so called Next Generation Networks (NGA). Using a unique data set of broadband investments, the paper …
Persistent link: https://www.econbiz.de/10010327733
the current principal prefers her future self to save more, she can increase current investments complementary to future … savings and decrease investments in the strategic substitutes, for example. To characterize the principal's choices they are … benefits from subsidizing investments in green capital (complementary to future savings) and tax investments in substitute …
Persistent link: https://www.econbiz.de/10010328803
Persistent link: https://www.econbiz.de/10010330291
This paper regards the regulation of intellectual property, services and investments in some preferential trade …
Persistent link: https://www.econbiz.de/10010330455
engage in quality investments more if the ex ante quality level of the high quality product is large enough; otherwise, only … competitive firms diminishes the incentive of the mid-quality firm to engage in quality investments. …
Persistent link: https://www.econbiz.de/10010332353
frictions, both parties in a match are partially locked-in when they bargain over the joint surplus from their sunk investments … case of investments in homogenous capital only the agents on the short side acquire ownership of capital. There is always …
Persistent link: https://www.econbiz.de/10010334088
Several recent articles claim that pre-tax income equality promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavily on the assumption that pre-tax income equality is an...
Persistent link: https://www.econbiz.de/10010334700
This paper shows that the liberalisation of foreign direct investment (FDI) tends to make the effect of labour costs on domestic investment and labour demand more negative. Using data from Germany, it then provides evidence that is consistent with this view. First, high unit labour costs...
Persistent link: https://www.econbiz.de/10010334709
investments is that they have firm-specific advantages with respect to host country firms. We show that no such advantages are … production costs in the host country. Firms endowed with lower quality might make direct investments to benefit from …
Persistent link: https://www.econbiz.de/10010334751