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Development economists have enjoined Africans to leverage on remittance as their main source of investment financing …'s remittance and investment financing and the modulating effect of the investment climate in this relation on a panel of 28 sub … following empirical findings were established. First, the theoretical supposition underpinning the assumption in investment …
Persistent link: https://www.econbiz.de/10012493358
As an incentive to increase high-impact investment and boost growth, the German Federal Government is planning to … end after two years, there is a risk that business investment could tail off at a crucial time, when post-COVID-19 …
Persistent link: https://www.econbiz.de/10013285588
this paper to cover also unified Germany. The results reveal that the adjustment of investment and employment can be … analysed with the same theoretical model for West and East Germany. However, the adjustment speed for investment differs …The macroeconomic development in West Germany in the aftermath of unification was characterized by a boom period in …
Persistent link: https://www.econbiz.de/10011443447
, uncertainty reduces corporate investment and employment. Using a novel firm-level measure of cash flow uncertainty, we find … empirically that uncertainty has a strong negative impact on corporate employment and investment in both tangible and intangible …, investment in tangibles would increase by 1.54%, and investment in intangibles would increase by1.29%. Our findings are robust to …
Persistent link: https://www.econbiz.de/10013092449
on nominal wage rigidities at the firm level. I trace out the long-run investment and growth trajectories of firms which … investment gap for two years following the shock, resulting in a persistent accumulated growth gap. I show that affected firms … with a higher degree of wage rigidity exhibit a steeper drop in investment and grow more slowly than affected firms with …
Persistent link: https://www.econbiz.de/10011755238
We demonstrate that firms' investment and job creation are influenced by shareholder taxes on capital gains and … dividend. More importantly, the relation between shareholder taxes and firms' investment and job creation varies with financial … constraint that firms face. Less financially constrained firms show larger increases in capital investment than more financially …
Persistent link: https://www.econbiz.de/10013109712
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
market is characterised by greater flexibility in wages and work arrangements in comparison to Germany. These institutional … dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no …
Persistent link: https://www.econbiz.de/10010261963
Persistent link: https://www.econbiz.de/10011560465
Economic policy interventions of a scale as effected in eastern Germany can be expected to have a significant impact on … several kinds. This paper analyzes the structural effects of investment subsidization as one of the core policy instruments by … means of an error-correction model of factor demand and output. It intends to find out whether investment subsidization …
Persistent link: https://www.econbiz.de/10011472466