منابع مشابه
Transportation policy and road investments
This paper analyses which factors can explain the planned funding for 83 different stretches of roads in the Norwegian national road network during the ten-year period from 2010 to 2019. Previous studies have focused on the extent to which Norwegian politicians use the results of cost-benefit analyses when they prioritise various road projects. In contrast, we analyse how road characteristics, ...
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International climate policy has assigned the leading role in emissions abatement to the industrialized countries while developing countries remain uncommitted to binding emission reduction targets. However, cooperation between the industrialized and the developing world through joint implementation of emission abatement promises substantial economic gains to both parties. In this context, the ...
متن کاملHuman Capital and Investment Policy
The literature relates human capital costs to firm leverage (Berk, Stanton, and Zechner (2010) and Chemmanur, Cheng, and Zhang (2013)) and mergers and acquisitions (Lee, Mauer, and Xu (2017)). In this paper, we study the relation between a firm’s human capital costs and investment policy. We first present a simple theoretical setting to illustrate the positive effects of risky investment on ave...
متن کاملInvestment rigidity and policy measures
This paper assesses the impacts of decoupled government transfers on production decisions of a sample of Kansas farms. Our empirical analysis is based upon a reduced-form application of the dual model of investment under uncertainty developed by Sckokai (2005), which is extended to a consideration of irregularities in the capital stock adjustment cost function. To do so we adopt the threshold r...
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National, regional and international competitiveness of an economy is increasingly connected to the presence of an environment supportive of innovation and risktaking. Innovation is gaining prominence on agendas of governments throughout the world who increasingly appreciate the need to develop knowledge-based economies as a prerequisite to competitiveness and growth. Given this recognition, it...
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ژورنال
عنوان ژورنال: Southern Economic Journal
سال: 1938
ISSN: 0038-4038
DOI: 10.2307/3693820