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Does Public-Sector Employment Fully Crowd Out Private-Sector Employment?

Behar, Alberto; Mok, Junghwan - Department of Economics, Oxford University - 2013

We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled datasets for a large cross-sector of developing and advanced countries. Regressions of either private-sector employment rates or unemployment rates on two measures of...

Persistent link: https://www.econbiz.de/10011159036

Heart of Darnkess: Public-Private Interactions Inside the R and D Black Box

David, Paul; Hall, Bronwyn - Department of Economics, Oxford University - 1999

This paper is a first step toward closing the analytical gap in the extensive literature on the results of interactions between public and private R&D expenditures, and their joint effects on the economy. A survey focusing on econometric studies in this area reveals a plethora of sometimes...

Persistent link: https://www.econbiz.de/10010605271

Optimal public investment, growth, and consumption: Evidence from African countries

Fosu, Augustin Kwasi - Department of Economics, Oxford University - 2011

public investment and growth, to determine the growth-maximizing public investment GDP share. It empirically also accounts … for the crowding-in and crowding-out effects between public and private investment, with equations estimated separately … and simultaneously, using System GMM. The paper further runs simulation and examines the public investment GDP share that …

Persistent link: https://www.econbiz.de/10011004174

The Efficiency Effects of Privatisation and Liberalisation : The Telecommunications Industry Under State and Private Ownership.

Foreman-Peck, J. - Department of Economics, Oxford University - 1991

Persistent link: https://www.econbiz.de/10005047789

Skills, investment and exports from manufacturing firms in Africa

Teal, Francis; Söderbom, Måns; Teal, Francis - Department of Economics, Oxford University - 2000

for four African countries - the Cameroon, Ghana, Kenya and Zimbabwe - shows that in the early 1990s investment in … ask how skills have impacted on manufacturing investment and exports in the 1990s. Two dimensions of skills are defined … efficiency with which the firm operates. The latter is shown to be a significant determinant of both investment and exports …

Persistent link: https://www.econbiz.de/10011152509

How Do Financial Systems Affect Economic Performance?

Mayer, Colin; Carlin, Wendy - Department of Economics, Oxford University - 1999

This paper examines the relation between financial, corporate and legal systems, and economic performance in different countries. It reviews international comparisons that undertake detailed analyses of individual, developed countries and studies that use large, cross-country data banks,...

Persistent link: https://www.econbiz.de/10010661381

Is investment in Africa low despite high profits?

Warnholz, Jean-Louis - Department of Economics, Oxford University - 2008

, investment rates are low. I investigate three sources: detailed World Bank surveys of 6,500 manufacturing firms, a new panel … returns to be high throughout. Micro-evidence and sectoral FDI data confirm that investment remains low outside the mining … industry and that the link between past profitability and current investment is weak in Africa. Low investment despite high …

Persistent link: https://www.econbiz.de/10011004291

Bidding for Network Size: Platform Competition when Quality and Network Size are Complements

Foucart, Renaud; Friedrichsen, Jana - Department of Economics, Oxford University - 2013

that, in case of multiple equilibria, consumers use the investment in quality as a coordination device. We find that, in … equilibrium, platforms randomize over two disconnected intervals of investment levels, corresponding to competing for either the …

Persistent link: https://www.econbiz.de/10011004414

Multinational Ownership and Subsidiary Investment

Mayer, Colin; Carlin, Wendy - Department of Economics, Oxford University - 2008

This paper examines how foreign ownership affects the investment decisions of subsidiary firms using a new dataset of … listed-parent - listed-subsidiary pairs. We find that improvements in the investment opportunities of parent firms have a … negative effect on the investment of their subsidiaries, after controlling for the investment opportunities of the subsidiary …

Persistent link: https://www.econbiz.de/10011004467

Relational Contracts and Specific Training

Malcomson, James - Department of Economics, Oxford University - 2014

productive, or near equally productive employees without relational contracts. Investment in specific training relaxes the … incentive constraints on relational contracts, so the optimal level of investment can be higher for those with a relational … additional cost of optimal investment precisely offsets the post-investment surplus for marginal employees in relational …

Persistent link: https://www.econbiz.de/10011071727