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. Drawing on theory from the corporate finance and behavioral economics literature, we also test to what extent news about …
Persistent link: https://www.econbiz.de/10011905930
This paper assess how priorities of the IMF's membership have evolved over the past two decades, by using text mining …
Persistent link: https://www.econbiz.de/10012612333
Direct measurement of corruption is difficult due to its hidden nature, and measuring the perceptions of corruption via survey-based methods is often used as an alternative. This paper constructs a new non-survey based perceptions index for 111 countries by applying sentiment analysis to...
Persistent link: https://www.econbiz.de/10012605593
estimates the effect of copper price shocks on mining, manufacturing, and construction-each embodying a sector type. The … empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the … spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the …
Persistent link: https://www.econbiz.de/10011705352
Persistent link: https://www.econbiz.de/10012487242
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Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key …
Persistent link: https://www.econbiz.de/10014401221
share of the benefits. Using optimal control theory, this paper estimates that the optimal royalty tax in Mali is about 3 ….5 percent. By reducing the royalty rate from 6 percent to 3 percent, Mali’s mining code broadly ensures that the risk is shared … between the state and mining companies, provides sufficient incentives to attract new exploration, and is comparable to the …
Persistent link: https://www.econbiz.de/10014402997
for higher quality goods. We test the proposed theory using a highly disaggregated Argentinean firm-level wine export …
Persistent link: https://www.econbiz.de/10014411197
Effective public investment requires governments to address the "recurrent cost problem" to ensure operations and maintenance (O&M) expenditures are sufficient to sustain the flow of productive public capital services to private factors of production. Building on the model of Buffie et al...
Persistent link: https://www.econbiz.de/10014411214