Showing 101,021 - 101,030 of 101,508
secondary role in the investment process as much as it intervenes only as control ex ante of a ratification phase. So if it is … decision and control systems, relating to the investment projects. For this, we highlighted the role of the investment’s nature …
Persistent link: https://www.econbiz.de/10004991534
Using plant-level data from Chile and the U.S., we show that investment spikes are highly pro-cyclical, so much so that … changes in the number of establishments undergoing investment spikes (the “extensive margin”) account for the bulk of … variation in aggregate investment. The number of establishments undergoing investment spikes also has independent predictive …
Persistent link: https://www.econbiz.de/10004991593
The change of the political Hungarian regime in 1990 affected deeply the economy of the country. This change made effects in each national branch, thus in the agriculture, as well. A lot of new companies dealing with agricultural production and trading has also been established in these years....
Persistent link: https://www.econbiz.de/10004991692
Forty U.S. states operated an overseas office in 2002. Treating overseas offices as sales offices, I modify Holmes (2005) so oces facilitate exports by reducing the transaction cost of selling abroad. From theory, states operate an office if aggregate savings outweigh operating costs. Exploiting...
Persistent link: https://www.econbiz.de/10004991793
Persistent link: https://www.econbiz.de/10004992751
Growth is endogenous in small open economies with substantial hidden or open unemployment, even under constant returns to scale. Growth promoting policies, however, have implications for the balance of trade, and two instruments are needed in order to achieve targets for both the growth rate and...
Persistent link: https://www.econbiz.de/10004993775
monetary policy on investment. We argue that the structure of capital, particularly the type of the relation between the … industrial and the financial sector determines, to an extent, the way that finance affects investment. The domain in which this … that their interaction, which is institutionally and historically defined, acts as a main source of influence on investment …
Persistent link: https://www.econbiz.de/10004994358
Expected returns and risk assessment are important issues when evaluating capital investment projects. We use VARX …
Persistent link: https://www.econbiz.de/10004994430
This paper reports estimation of investment equations for two classes of fixed assets: plant & machinery and building … these assets to test the power of real options theory to explain investment under uncertainty. Additionally, the paper uses … a specially constructed industry-specific measure of irreversibility for plant and machinery investment to test for real …
Persistent link: https://www.econbiz.de/10005729290
In this paper we re-examine the long standing and puzzling correlation between national savings and investment in … relationship in the idiosyncratic components of savings and investment. We also find that the global components in savings and …
Persistent link: https://www.econbiz.de/10005729925