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A government bargains a mutually convenient agreement with a multinational corporation to extract a natural resource. The corporation bears the initial investment and earns as a return a share on the profits. The host country provides access and guarantee conditions of operation. Being the...
Persistent link: https://www.econbiz.de/10008699636
The vigorous growth of the Chinese economy together with its growing role in international trade has raised fears of … the share of informal employment. The industry-level results indicate that a rise in import penetration from either China … increasing the interindustry wage premium. The worker-level results suggest that industry-level import penetration from China and …
Persistent link: https://www.econbiz.de/10012154672
Recent studies on oil market demonstrate endogeneity of oil price by modeling it as a function of consumption and precautionary demands and producers’ supply. However, studies analysing the effect of oil price uncertainty on investment, do not disentangle uncertainties raised by underlying...
Persistent link: https://www.econbiz.de/10011824182
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The ownership nationality of large US multinational companies plays an implicit but important role in the current debate over how such companies should be taxed. This paper identifies that role and investigates what is actually known about where these companies’ shareholders reside
Persistent link: https://www.econbiz.de/10011387732
This paper introduces and critically analyzes an emerging form of global infrastructure development by China … promoted by the Chinese infrastructure industry, financial institutions, and policymakers in recent years, as a response to the … investment. Compared to past forms of globalization of Chinese state capital, it has a much more complicated risk profile and …
Persistent link: https://www.econbiz.de/10013548858
This paper investigates spatial dependence of FDI knowledge spillovers in manufacturing and services using spatial panel techniques applied to the 2006-2014 Bureau Van Dijk's Amadeus firm-level dataset for Croatia and Slovenia. The paper finds diverse results across the two sectors. The distance...
Persistent link: https://www.econbiz.de/10014227905
We estimate the impact of access to information and communication technology on agricultural profitability and child labor among isolated villages in rural Peru. We exploit the timing of an intervention that provided at least one public (satellite) payphone to 6,296 villages that did not...
Persistent link: https://www.econbiz.de/10011303813
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