Showing 1 - 10 of 29
Most research on firm financing studies the choice between debt and equity. We model an alternative source -- non … issues equity if the financing need is high. This result is robust to using the cash for an uncertain investment. Second …
Persistent link: https://www.econbiz.de/10011084569
The Paper analyses the funding of an infrastructure project (high speed train line, platform, tunnel, harbor, regional airport, fibre-to-the-home network, etc.) in a situation in which an incumbent operator has private information about market profitability (demand, cost) and the infrastructure...
Persistent link: https://www.econbiz.de/10005662107
technology (like R&D). Technologies can account for up to a quarter of the growth in demand for the college educated in the …
Persistent link: https://www.econbiz.de/10008553070
differences, unobserved region-industry factor quality differences and variation in production technology across industries. We … findings, including multiple cones of diversification, region-industry technology differences, agglomeration, and increasing …
Persistent link: https://www.econbiz.de/10005123669
relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …
Persistent link: https://www.econbiz.de/10005123944
computerization instead of R&D as a measure of technology; (iv) in the Anglo-Saxon countries a maximum of one-third of the aggregate …
Persistent link: https://www.econbiz.de/10005124191
management, as a key factor. A model of the interaction between technology, organization and economic performance is then … adjustment in technology-using sectors if it is not suited to the social capabilities of the society; (4) reversal of …
Persistent link: https://www.econbiz.de/10005124451
Recent theoretical models argue that a bank’s organizational structure reflects its lending technology. A … communication technology, have a wider span of organization, and are further removed from a decision unit with lending authority … organizational structure and technology of rival banks in the vicinity influence local banking competition. …
Persistent link: https://www.econbiz.de/10005136523
Poor countries must specialize in standardized, labour-intensive commodities. Middle-income countries may have a richer menu of options available to them if their labour force is reasonably well-educated and skilled. This paper is motivated by the possibility that there may exist multiple...
Persistent link: https://www.econbiz.de/10005067410
hours worked rise or fall when technology improves. Recent literature finds that when hours per person enter the VAR in … following a technology improvement. The issue is the common high-low-high pattern of hours per capita and productivity growth …
Persistent link: https://www.econbiz.de/10005067465