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Location Choice of Spanish Multinational Firms in Developing and Transition Economies
(Taylor & Francis, 2017-04)
In this paper, we use firm-level data to investigate how different host country characteristics affect the decision of Spanish multinational firms to locate in developing and transition countries, and whether these ...
Migration and FDI: the role of job skills
(Elsevier, 2018-10)
Using a multi-country gravity framework, this paper models and quantifies the relevance of migrants' job position in fostering Foreign Direct Investment (FDI). High-skilled migrants are defined as those individuals born ...
Aid and its impact on the donor’s export industry – The Dutch case
(Springer, 2017-08)
This paper models the link between Dutch development aid and Dutch exports to 142 recipient countries over the period from 1964 to 2011. Given that Dutch aid policy drastically changed in 1999, the model is estimated ...
Does German Development Aid boost German Exports and German Employment? A Sectoral Level Analysis
(De Gruyter, 2016)
This paper uses an augmented gravity model of trade to investigate the
link between German development aid and sectoral exports from Germany to aid
recipient countries with data from 1978–2011. The findings indicate that ...
The desertion of rich countries and the mutual support of the poor ones: preferential lending agreements among the PIGS
(Elsevier, 2019-08-09)
By using the BIS data, we analyze the evolution of credit relationships among banks of the Euro-zone during the pre-crisis period (2006Q1–2007Q4), the global financial crisis (2008Q1–2010Q4) and the debt sovereign crisis ...
Does Environmetal Policy Stringency Foster Innovation and Productivity in OECD Countries?
(Georg-August-Universität Göttingen, 2016)
In this paper we use panel data models and quantile regressions to test the “weak” and “strong”
versions of the Porter hypothesis, using data from 14 OECD countries over the period 1990-2011.
A newly-released environmental ...
Real unit labour costs in Eurozone countries: drivers and clusters
(Springer Verlag, 2015)
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and ...
Protecting health or protecting imports? Evidence from EU non-tariff measures
(Elsevier, 2018-01)
Non-tariff measures such as food safety standards are aimed at protecting consumers' health but may also be used as protectionism tool to limit imports. This study investigates the protectionist intent of EU food safety ...
The interaction between housing prices and housing credit: evidence from a country with rapid credit accumulation
(Emerald, 2020-05-15)
Purpose – This paper aims to investigate the mutual dependence between housing prices and housing credit inEstonia,acountrythatexperiencedrapiddebtaccumulationduringthe2000sandbigswingsinhouseprices during that period. ...
A Markov switching SVAR analysis on the relationship between exchange rate changes and stock returns in China
(Emerald, 2020-04-22)
Purpose
This study investigates the spillover effects between exchange rate changes and stock returns in China. The authors find that no significant interconnections exist between stock returns and exchange rates ...