Narrow search
Showing 1 - 10 of 77
Cover Image
Does China Still Have a Labor Cost Advantage?
Ceglowski, Janet; Golub, Stephen - CESifo - 2011
In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost … advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998 …-2009. Between 1998 and 2003 China’s unit labor costs fell, but since 2003 they have increased both absolutely and relative to US …
Persistent link: https://www.econbiz.de/10009323303
Cover Image
How Efficient is the East German Economy? An Exploration With Micro Data
Funke, Michael; Rahn, Jörg - CESifo - 2000
The purpose of this paper is to evaluate the efficiency of the East German economy at the firm level using an unbalanced panel over the transition period 1994 to 1998. We adopt a translog stochastic frontier model to estimate technical efficiency in eastern and western Germany. The results...
Persistent link: https://www.econbiz.de/10005181620
Cover Image
Identification of Segments of European Banks with a Latent Class Frontier Model
Barros, Carlos Pestana; Caporale, Guglielmo Maria; … - CESifo - 2007
This paper analyses technical efficiency of European banks over the period 1996-2003 with unbalanced panel data techniques. A latent class frontier model is used which allows the identification of different segments in the production frontier. We find that there are three statistically...
Persistent link: https://www.econbiz.de/10005405964
Cover Image
Optimal Pest Control in Agriculture
Christiaans, Thomas; Eichner, Thomas; Pethig, Rüdiger - CESifo - 2005
Based on economic methodology we model an ecosystem with two species in predator-prey relationship: mice feed on grain and grain feeds on a resource. With optimizing behaviour of individual organisms a short-run ecosystem equilibrium is defined and characterized that depends on the farmer’s...
Persistent link: https://www.econbiz.de/10005094179
Cover Image
Using Degree Days to Value Farmland
Massetti, Emanuele; Mendelsohn, Robert; Chonabayashi, Shun - CESifo - 2014
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the...
Persistent link: https://www.econbiz.de/10011105369
Cover Image
The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - CESifo - 2015
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically that geographical variations in the natural return to agricultural investment have had a persistent effect on the distribution of time preference...
Persistent link: https://www.econbiz.de/10011167137
Cover Image
Has Creative Destruction Become More Destructive?
Komlos, John - CESifo - 2014
Schumpeter’s concept of creative destruction as the engine of capitalist development is well-known. However, that the destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP and on welfare is hardly acknowledged, with...
Persistent link: https://www.econbiz.de/10010888453
Cover Image
Property Rights, Optimal Public Enforcement, and Growth
Irmen, Andreas; Kuehnel, Johanna - CESifo - 2011
We study the link between public enforcement of property rights, innovation investments, and economic growth in an endogenous growth framework with an expanding set of product varieties. We find that a government may assure positive equilibrium growth through public employment in the enforcement...
Persistent link: https://www.econbiz.de/10009386354
Cover Image
The Learning Process and Technological Change in Wind Power: Evidence from China's CDM Wind Projects
Tang, Tian; Popp, David - CESifo - 2014
since 2002. Using pooled cross-sectional data of 486 registered CDM wind projects in China from 2002 to 2009, we examine the … manufacturers in China’s wind power industry. …
Persistent link: https://www.econbiz.de/10010752785
Cover Image
The Role of Standards in Eco-innovation: Lessons for Policymakers
Vollebergh, Herman R. J.; Werf, Edwin van der - CESifo - 2013
This paper aims to help policy makers identify how standards can contribute to the effective and cost-efficient development and deployment of eco-innovations (innovations that result in a reduction of environmental impact). To that end we discuss what standards are, how the process of...
Persistent link: https://www.econbiz.de/10010667411