https://www.um.edu.mt/library/oar/handle/123456789/68229 2026-04-23T20:27:05Z 2026-04-23T20:27:05Z Ekanayake, E. M. Kornecki, Lucyna https://www.um.edu.mt/library/oar/handle/123456789/68377 2021-02-02T12:43:05Z 2011-01-01T00:00:00Z

Title: Factors affecting inward foreign direct investment flows into the United States : evidence from state-level data Authors: Ekanayake, E. M.; Kornecki, Lucyna Abstract: This paper investigates factors affecting the inward foreign direct investment (FDI) flows among fifty states of the United States. The analysis uses annual data for the period from 1997 to 2007. The study identifies several state-specific determinants of FDI and investigates the changes in their importance during the study period. Our results show that among the major determinants, the real per capita income, real per capita expenditure on education, FDI related employment, real research and development expenditure, and capital expenditure are found to have a significant positive impact on FDI inflows. There is also evidence that the share of scientists and engineers in the workforce exerts a small positive impact on inward FDI flows. In addition, per capita state taxes, unit labor cost, manufacturing density, unionization, and unemployment rate exert a negative impact on FDI inflows.

2011-01-01T00:00:00Z Caleiro, Antonio https://www.um.edu.mt/library/oar/handle/123456789/68376 2021-02-02T12:42:20Z 2011-01-01T00:00:00Z

Title: On the electoral dimension of international policy coordination Authors: Caleiro, Antonio Abstract: The paper formalizes some of the interactions between inter-national and inter-temporal problems of policy coordination through the analysis of the implications of the synchronization (or not) of election dates on international policy cooperation. This makes it possible the determination of the gains and losses of international policy coordination and to an analysis of how the synchronization of election dates may help (electoral) international policy coordination.

2011-01-01T00:00:00Z Pacheco Coelho, Manuel Filipe, José António Ferreira, Manuel Alberto Junqueira Lopes, Rui https://www.um.edu.mt/library/oar/handle/123456789/68375 2021-02-02T12:41:53Z 2011-01-01T00:00:00Z

Title: Socio-economics of Portuguese cod fisheries : past, present and perspectives for the future Authors: Pacheco Coelho, Manuel; Filipe, José António; Ferreira, Manuel Alberto; Junqueira Lopes, Rui Abstract: Property rights are in the center of fisheries management difficulties. Portuguese cod fisheries give good examples of this kind of management problems. This paper studies the socio-economic impacts of the institutional change of cod fisheries framework in Portugal and asks for the perspectives of future development of this segment of Portuguese fisheries. In one decade (from 1976 to 1986) this segment of the Portuguese fisheries had to face two essential restrictions to the development of fishing activities: the new regime of the 200 miles and the adhesion to European Community with the consequent integration in the Common Fisheries Policy. After a profound downsizing process we are still confronted with an overcapacity problem. The possible enlargement of Economic Exclusive Zones and the rehabilitation of the Continental Platform statute constitute the main change that severely can affect the future of these fisheries.

2011-01-01T00:00:00Z Roush, Melvin L. Khaled, Mohammed S. Keef, Stephen P. https://www.um.edu.mt/library/oar/handle/123456789/68374 2021-02-02T12:41:14Z 2011-01-01T00:00:00Z

Title: Are economic profit and the internal rate of return merely accounting measures? Authors: Roush, Melvin L.; Khaled, Mohammed S.; Keef, Stephen P. Abstract: This paper explores the proposition that economic profit and the internal rate of return are merely accounting concepts. They share a number of common aspects. These include an allocation of capital that is unrelated to market forces and a treatment in the literature that focuses on the mathematics rather than the economics. We show that the two measures have limited, if any, economic content. Therefore we conclude that they are devoid of compelling theoretical interest in the domain of wealth maximization.

2011-01-01T00:00:00Z