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The paper compares different auction formats for sale of a single patented innovation for budget constrained bidders. This unit decreases the marginal cost of production in the aftermarket for its owner by an amount which depends on the money invested on the development of this technology. As...
Persistent link: https://www.econbiz.de/10005835499
of financial liberalization affects the saving-investment relationship remains unclear. This paper examines the dynamic … relationship between the domestic saving and investment rates in India by controlling for the level of financial liberalization … resources to be channeled to investment activities. …
Persistent link: https://www.econbiz.de/10005835774
-price increase negatively affects output and investment, but positively affects inflation rate and interest rate. However, with the …, the impact on real economy, represented by real output and real investment, lasts much longer than that to price … through an investment change, increases steadily and exceeds that of short-term impact at the end of the second year …
Persistent link: https://www.econbiz.de/10005835871
infrastructures (investment and maintenance costs), linking the expenditure with traffic flows. The analysis concerns rail and road … how the planning of the investment expenditure is still based on different criteria than efficiency. So, the foreseen …
Persistent link: https://www.econbiz.de/10005835909
This paper examines the link between the real exchange rate volatility and domestic investment by using the panel data … and the investment in a small open economy. The model shows that the effects of exchange rate volatility on investment are … nonlinear. In the second part, we examine the empirical link between the exchange rate volatility and the investment. The …
Persistent link: https://www.econbiz.de/10005835935
A new approach is presented. It is based on a generalization of a breach of a term of contract and on the economic uncertainty principle. Problems, which can be solved, research fields, which can be augmented or created, and fields of applications in practical economy are reviewed. The role of...
Persistent link: https://www.econbiz.de/10005836335
Till recently the investment policy of India was overtly nationalistic. Today however everything seems to be changing …
Persistent link: https://www.econbiz.de/10005836487
Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...
Persistent link: https://www.econbiz.de/10005836490
measures of saving and investment understate both the extent to which we save and the extent of the resources that we allocate … to investment. Moreover, the national accounts data do not allow us to monitor substitution between tangible and …
Persistent link: https://www.econbiz.de/10005836551
growth. For practical purposes, the observed differences create a solid basis for selective investment strategies. …
Persistent link: https://www.econbiz.de/10005836769