Showing 1 - 10 of 10
A recent literature has pointed at potential negative effects of exchange rate volatility on innovation. In this paper …
Persistent link: https://www.econbiz.de/10010265242
Analysis in terms of the two-sector open economy shows that in bringing the market economy to East Germany, West Germany seems to have disregarded important fundamentals. Premature formation of a currency union led to a substantial real appreciation of the East German currency. Premature...
Persistent link: https://www.econbiz.de/10010260462
Eastern Germany's recovery from the ?unification shock? has been characterized by deep structural change – with apparent repercussions for the West as well – and an integration process involving both capital deepening (extensive and intensive investment) and labor thinning (net...
Persistent link: https://www.econbiz.de/10010260563
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10010265496
for different business strategies and innovation inputs connected to product and process innovations. The empirical … analysis uses innovation survey (CIS 2) data at the industry level for 22 manufacturing sectors, broken down in three firm size …
Persistent link: https://www.econbiz.de/10010273123
The labour productivity impact of innovation is investigated in this paper combining neo-Schumpeterian insights on the … variety of innovation, with the importance of industrial structures and firm size; two models are proposed for explaining … data from the European innovation survey (CIS 2), covering Austria, France, Italy, the Netherlands and the UK, broken down …
Persistent link: https://www.econbiz.de/10010273127
The paper considers the transformation of the political system as countries pass through the Grand Transition from a poor developing country to a wealthy developed country. In the process most countries change from an authoritarian to a democratic political system. This is shown by using the...
Persistent link: https://www.econbiz.de/10010263528
I reconsider the primacy of institutions over geography as an explanatory factor of cross-country differences in economic performance, which has recently been postulated by Acemoglu et al. (2001) and others. My estimates show that the reported missing direct performance effects of a measure of...
Persistent link: https://www.econbiz.de/10010265632
The Grand Transition (GT) view claims that economic development is causal to institutional development, and that many institutional changes can be understood as transitions occurring at roughly the same level (zones) of development. The Primacy of Institutions (PoI) view claims that economic...
Persistent link: https://www.econbiz.de/10010273104
We consider whether Sub-Saharan African (SSA) countries are mainly poor because they are governed worse than other countries, as suggested by recent studies on the supremacy of institutions. Our empirical results show that the supremacy of institutions does not hold. SSA countries appear to face...
Persistent link: https://www.econbiz.de/10010273153