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Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be...
Persistent link: https://www.econbiz.de/10012010001
determinants that explain the variation in export diversification and complexity across 189 countries from 1962 to 2018. Our …
Persistent link: https://www.econbiz.de/10012605524
This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United …
Persistent link: https://www.econbiz.de/10014396954
Persistent link: https://www.econbiz.de/10009487112
Product scope adjustment is a key mechanism through which multi-product firms achieve efficient resource allocations. In this paper, we take a novel perspective to study firms' product scope adjustment behavior through the lens of asset pricing. Using a unique panel scanner data set containing...
Persistent link: https://www.econbiz.de/10011704969
, such as lower educational enrollment rates for girls than for boys, harm diversification by constraining the potential pool …
Persistent link: https://www.econbiz.de/10011711781
question by proposing a new cross-country tax revenue diversification index (RDI). The RDI builds on the Theil index, and … unlike the few existing tax diversification indices, which are constructed only at the state level for the US, is computed at … revenue diversification reduces tax revenue volatility, thus bringing to the data long-held views about the prominence of tax …
Persistent link: https://www.econbiz.de/10012251991
We identify key factors, from large set of potential determinants, that explain the variation in export diversification … diversification, followed by improving education outcomes at the secondary level and financial sector development …
Persistent link: https://www.econbiz.de/10012021886
It is typically assumed that countries in the Caribbean suffer from a lack of output and export diversification …
Persistent link: https://www.econbiz.de/10014399547
The paper examines the implications of lower trade barriers for sectoral diversification and macroeconomic stability in … macroeconomic stability. It shows also that diversification, in the form of equal distribution of resources between nonprimary …
Persistent link: https://www.econbiz.de/10014399995