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In this study, we investigate whether neoclassical economic theory, capital market frictions or preference-based theory can explain investment behaviour in the Dutch beam trawler fishery in the North Sea. By presenting a number of estimations, we show that vessels conducting pulse fishing invest...
Persistent link: https://www.econbiz.de/10012101066
and one important determinant of growth is investments in physical capital. This in turn is correlated with FDI, which is …
Persistent link: https://www.econbiz.de/10012110676
Events which have an adverse or positive effect on some firms can disseminate through the economy to firms which are not directly affected. By exploiting the first large sovereign bond purchase programme of the ECB, this paper investigates whether more lending to some firms spill over to firms...
Persistent link: https://www.econbiz.de/10012112948
I extend the Glick and Rogoff (1995) aggregate time-series, empirical, intertemporal model of country-investment (and the current account) to a sectoral-level, and estimate it for New Zealand. I fit the model to panel data of eleven industries from 1988-2009. The sectoral-level investment growth...
Persistent link: https://www.econbiz.de/10012115671
model of health investments under competing mortality risks, in which people allocate expenses to equalize lifetime across … all causes of death. We predict that private health investments to fight malaria as well as other diseases should increase …
Persistent link: https://www.econbiz.de/10011819501
economic policy to foster investments are limited in the short run for what reason long term and growth-oriented economic …
Persistent link: https://www.econbiz.de/10011819702
-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