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Investment in OECD Countries: a Primer
Comparative Economic Studies Pub Date : 2021-04-08 , DOI: 10.1057/s41294-021-00146-3
Balázs Égert

Aggregate business investment is a major driver of long-term economic growth. It has been weak in many advanced economies over the last decade, partly due to cyclical demand-side effects. Nevertheless, a number of structural factors and policies interact with and have an effect on business investment. This paper provides a survey of the literature on the main policy drivers of business investment such as finance (including bank and market finance, venture capital and the debt bias in corporate taxation), tax policies, foreign direct investment, product and labour market and environmental regulations, the importance of an efficient insolvency regime, the negative impact of (regulatory) uncertainty and the role of infrastructure investment as a support for business investment.



中文翻译:

在经合组织国家的投资:入门

商业投资总额是长期经济增长的主要驱动力。在过去十年中,许多发达经济体的经济疲软,部分原因是周期性的需求副作用。但是,许多结构性因素和政策与商业投资相互影响并对其产生影响。本文对有关商业投资的主要政策驱动因素的文献进行了调查,这些金融驱动因素包括金融(包括银行和市场金融,风险投资和公司税收中的债务偏向),税收政策,外国直接投资,产品和劳动力市场以及环境。法规,有效破产制度的重要性,(监管)不确定性的负面影响以及基础设施投资对商业投资的支持作用。

更新日期:2021-04-08
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