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Sectoral R&D intensity and exchange rate volatility: a panel study for OECD countries

Mahagaonkar, Prashanth; Schweickert, Rainer; Chavali, … - 2009

A recent literature has pointed at potential negative effects of exchange rate volatility on innovation. In this paper, we propose that there may be a direct effect as well as an indirect effect via export activity. We test these hypotheses for sectoral R&D intensities using OECD panel data for...

Persistent link: https://www.econbiz.de/10010265242

Forecasting volatility under fractality, regime-switching, long memory and student-t innovations

Lux, Thomas; Morales-Arias, Leonardo - 2009

(GMM) estimation are both suitable for MSM-t models, (ii) empirical panel forecasts of MSM-t models show an improvement …

Persistent link: https://www.econbiz.de/10010265243

Spatial effects of foreign direct investment in US states

Bode, Eckhardt; Nunnenkamp, Peter; Waldkirch, Andreas - 2009

This paper estimates the aggregate productivity effects of Marshallian externalities generated by foreign direct investments (FDI) in the US. In contrast to earlier work, this paper puts special emphasis on controlling for Marshallian externalities and other intra- and inter-regional spillovers...

Persistent link: https://www.econbiz.de/10010265244

Aid allocation through various official and private channels: need, merit and self-interest as motives of German donors

Nunnenkamp, Peter; Öhler, Hannes - 2009

Previous literature largely ignores the heterogeneity of aid channels used by each single donor country. We estimate Tobit models to assess the relative importance of recipient need, recipient merit and self-interest of donors for various channels of official and private German aid across a...

Persistent link: https://www.econbiz.de/10010265245

Second thoughts on development accounting

Gundlach, Erich; Rudman, Desmond; Wößmann, Ludger - 1998

is measured as output per worker. For a large sample of countries, we show that alternative identifying productivity … productivity in a decomposition of output per worker. For a sample of OECD countries, we find that productivity has almost no role … in explaining cross-country differences in output per worker. This result supports the reasoning of a traditional …

Persistent link: https://www.econbiz.de/10010265363

Economic integration and FDI: an empirical analysis of foreign investment in the EU and in Central and Eastern Europe

Brenton, Paul; DiMauro, Francesca; Lücke, Matthias - 1998

Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....

Persistent link: https://www.econbiz.de/10010265368

Evaluating the causal effects of foreign acquisition on domestic skilled and unskilled wages

Girma, Sourafel; Görg, Holger - 2003

This paper investigates the effects of the takeover of a domestic establishment by foreign owners on the domestic target?s development of wages for skilled and unskilled workers. We pay particular attention to identifying the causal effect, using a propensity score matching approach combined...

Persistent link: https://www.econbiz.de/10010265391

Government grants, plant survival and employment growth: a micro-econometric analysis

Girma, Sourafel; Görg, Holger; Strobl, Eric - 2003

Persistent link: https://www.econbiz.de/10010265397

Government grants, plant survival and employment growth: a micro-econometric analysis

Girma, Sourafel; Görg, Holger; Strobl, Eric - 2003

In this paper we analyse the impact of governmental grant provision on plant performance. To this end we utilise rich information derived from three data sources for the manufacturing sector in Ireland, where grant provision has been an important part of the industrial policy. We use a matching...

Persistent link: https://www.econbiz.de/10010265398

Should I stay or should I go? A note on employment protection, domestic anchorage, and FDI

Dewit, Gerda; Görg, Holger; Montagna, Catia - 2003

This paper examines how employment protection legislation affects location decisions of multinationals. Based on a simple theoretical framework, we estimate an empirical model, using OECD-data on bilateral FDI-flows and employment protection indices. We find that, while an ?unfavourable?...

Persistent link: https://www.econbiz.de/10010265399