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Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...
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In der zweiten Hälfte der 90er Jahre sind die Aufwendungen deutscher multinationaler Unternehmen für Forschung und Entwicklung (FuE) im Ausland stärker gestiegen als im Inland. In gleichem Maße steigerten ausländische Unternehmen ihre FuE-Aufwendungen in Deutschland, so dass die Bilanz...
Persistent link: https://www.econbiz.de/10011601811
This paper re-evaluates the US external deficit which has considerably widened over the 1990s. US safe asset provision to the rest of the world is the dominant explanation for the persistent nature of the US external deficit. We suggest that apart from the safe asset hypothesis, there is an...
Persistent link: https://www.econbiz.de/10014530296
This paper investigates the causes of the shortfall in private R&D expenditure of the EU compared to the US. It shows that differences in the structure of the two economies play only a minor role in explaining the R&D gap. Instead, the European R&D shortfall is mainly caused by a negative...
Persistent link: https://www.econbiz.de/10010273763
How much does US-based R&D benefit other countries and through what mechanisms? We test the 'technology sourcing' hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using panels of UK and US firms matched to patent data we...
Persistent link: https://www.econbiz.de/10010293047
attitudes. The outcome variables that we cover in the survey are on the one hand public spending, and on the other hand … to study the effects of ethnic diversity. Many of these studies have appeared since the pioneering survey by Alesina and … La Ferrara (2005a), and have not been covered by a survey before. …
Persistent link: https://www.econbiz.de/10010298807
). We ran an online survey and collected responses from 227 frequent Magnatune customers to gain insights about the …
Persistent link: https://www.econbiz.de/10010286483