competition a¤ects the industrial dynamics of investment, concentration, and expected returns. When firms have similar production …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …

This article estimates the effect of visa restrictions on bilateral trade flows and foreign direct investment (FDI … effects, it is at least questionable whether many of the existing visa restrictions would pass a cost-benefit test. …

employment, investment and productivity, and a moderate loss in GDP. This temporary impact of a second moment shock is different …

This paper analyses a dynamic game of investment in R&D or advertising, where current investments change future market … conditions. It investigates whether underinvestment can be supported in equilibrium by the threat of escalation in investment … investment in equilibrium. Furthermore, potential entry is introduced into the model so as to address the issues of market …

capital to labour with no efficiency effects, but is probably more likely to lead to lower investment rates and economic … senescence. Therefore the impact of unions on productivity, financial performance and investment is extremely important. This … unionisation reduces investment by around one fifth compared with the investment rate in a non-union workplace. In both Canada and …

, major weaknesses with respect to long-run investment in human capital, infrastructure and innovation remain. These are … hampered by problems of short-termism and policy risk. We propose a series of radical reforms to address these problems: such …

positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …