A model of inward foreign direct investment for Australia is estimated. Foreign direct investment is found to be positively related to economic and productivity growth and negatively related to foreign portfolio investment, trade openness, the exchange rate and the foreign real interest rate. Foreign direct investment is found to be a substitute for both portfolio investment and trade in goods ...

An Analysis of Macroeconomic Impacts Produced by the Fixed Capital Investment in China Liu Baojun Tianjin University of Finance and Economics, Tianjin, 300222,China Abstract. In this paper we analyzed macroeconomic impacts produced by fixed capital investment in China, and proposed a model to analyze effect of structural change of fixed capital investment for macroeconomic impacts of fixed capi...

We give a uniform proof of the theorems of Yao and Beigel-Tarui representing ACC predicates as constant depth circuits with MODm gates and a symmetric gate. The proof is based on a relativized, generalized form of Toda’s theorem expressed in terms of closure properties of formulas under bounded universal, existential and modular counting quantifiers. This allows the main proofs to be expressed ...

Knowledge is the foundation for growth and development. Investment in knowledge improves new method for originate knowledge society and knowledge economy. Investment in knowledge embraces expenditure on education and R&D and software. Measuring of investment in knowledge is characteristically complicated. We examine the influence of investment in knowledge in multifactor productivity growth and...

I. INVESTMENT LAW AND ARBITRATION .......................................................................................... 5 A. The Development of Investment Law and Arbitration....................................................... 5 B. Three Impact Channels ...................................................................................................... 9 1. Investment Arbitration Clau...

This paper studies the approach of accounting information quality on investment efficiency, from the context of the Chinese reality system. The empirical results confirm that the proxy for accounting information quality is negatively associated with over-investment or under-investment. Furthermore, there is a negative association between the quality of accounting information and the future inve...

D uring the past few decades, national security plays a central role in the process of economic development. Also, foreign investment and trade have rapidly increased worldwide and have enhanced economic growth in developing countries. Although foreign investment and trade bring huge economic benefits, many developing countries fear that by opening up markets to competition and forei...

Business confidence is a well-known leading indicator of future output. Whether it has information about future investment is, however, unclear. We determine how informative business confidence is for investment growth independently of other variables using US business confidence survey data for 1955Q1–2016Q4. Our main findings are: (i) business confidence leads US business investment growth by...