Results 161 to 170 of about 77,595 (309)

Foreign direct investment under weak rule of law : theory and evidence from China [PDF]

This paper develops a self-enforcing contract model to show that better economic fundamentals can help when there is weak rule of law -- but with order -- to attract foreign direct investment, whereas lowering taxes does not necessarily help.
Wang, Xiaozu, Xu, Lixin Colin, Zhu, Tian
core  

Sectoral Adaptation and Strategic Resilience: The Impact of Sanctions on Russian Corporate Performance (2014–2021)

Economics of Transition and Institutional Change, EarlyView.
ABSTRACT We examine the sectoral impact of Western sanctions on Russian corporate performance from 2014 to 2021 using a panel of listed nonfinancial firms. Applying continuous‐time heterogeneous treatment models and difference‐in‐differences estimators, we document persistent divergence across sectors: The energy sector exhibits sustained ...
Eugene Nivorozhkin
wiley   +1 more source

The War of the Pacific and Chilean public revenues: Reallocation of the tax burden and institutional change

The Economic History Review, EarlyView.
Abstract A substantial body of literature has considered warfare a fundamental driver of fiscal capacity. We argue that the nature of the tax base available to governments can either foster or constrain the ability and incentives of central elites to impose their legitimacy once the war is over.
Oriol Sabaté, José Peres‐Cajías
wiley   +1 more source

The impact of China railway express on foreign direct investment inflows in Chinese central and western cities. [PDF]

Heliyon
Liu J, Zhang Z, Chen T.
europepmc   +1 more source

Evidence on the Determinants of Foreign Direct Investment. The Case of Three European Regions [PDF]

This study aims at analyzing the determinants of foreign direct investment inflows for a group of European regions. The originality of this approach lies in the use of disaggregated regional data.
Lionel Artige, Rosella Nicolini
core  

Strategic materials and state capacity in Renaissance Italy. The economic policies of ‘Roman saltpetre’ procurement

The Economic History Review, EarlyView.
Abstract Demonstrating the existence of a soaring demand for strategic materials in fifteenth‐century Rome, the article pioneers research in the late medieval trade in saltpetre, the irreplaceable, rare component of gunpowder, indispensable for waging war following the diffusion of artillery technology.
Fabrizio Antonio Ansani
wiley   +1 more source

The characteristics and determinants of FDI in Ghana [PDF]

Foreign Direct Investment (FDI) can be a valuable tool for development. However, not all forms of FDI are equally beneficial for the host country. The paper analyses the characteristics and determinants of FDI in a typical developing country: Ghana ...
Barthel, Fabian, Busse, Matthias, Osei, Robert   +2 more
core  

Managed decline: Muddling through with the Sterling (dis)Agreements, 1968–74

The Economic History Review, EarlyView.
Abstract How do policymakers manage the decline of an international currency? This paper revisits the view that the ‘Sterling Agreements’ of 1968–74 – bilateral contracts between the UK and sterling‐holding governments – marked a successful paradigm shift towards sterling's managed ‘retirement’.
Alan de Bromhead, David Jordan, Francis Kennedy, Jack Seddon   +3 more
wiley   +1 more source

Financial constraints in China : firm-level evidence [PDF]

This paper uses a unique micro-level data-set on Chinese firms to test for the existence of a “political-pecking order” in the allocation of credit. Our findings are threefold. Firstly, private Chinese firms are credit constrained while State-owned firms
Hylke, VANDENBUSSCHE, Sandra, PONCET, Walter, STEINGRESS   +2 more
core