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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing

Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - CESifo - 2013

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

Persistent link: https://www.econbiz.de/10010670799

Market Access through Bound Tariffs

Sala, Davide; Schröder, Philipp J.H.; Yalcin, Erdal - CESifo - 2009

WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs ceilings, i.e. tariff rates that no exporter may ever actually be confronted with, generate market access? The answer to this question relates to the effects of tariff bindings on...

Persistent link: https://www.econbiz.de/10008534023

Controlling Complexity in Spatial Modelling

Paelinck, Jean - CESifo - 2000

The present complexity approach is based on two assumptions: A1: measurability of deviations of outcomes with respect to reference values; A2 : extension of A1 to multi-set analysis. Complexity is then defined in terms of multi-set deviation compared to single-set ones; an interpretation is...

Persistent link: https://www.econbiz.de/10005181604

Pollution and Resource Extraction: Do they Matter for the Dynamics of Growth?

Economides, George; Philippopoulos, Apostolis - CESifo - 2000

in DCs), or as resource extraction (which is supposed to be the case in LDCs), matters for the dynamics of the optimal …

Persistent link: https://www.econbiz.de/10005406053

The Impact of R&D Cooperations on Drug Variety Offered on the Market. Evidence from the Pharmaceutical Industry

Banerjee, Tannista; Siebert, Ralph - CESifo - 2014

Our study puts special attention to the fact that R&D cooperations in the pharmaceutical industry are formed at different stages throughout the drug development process. We study if the timing to engage in R&D cooperations in the pharmaceutical industry has different impacts on the technology...

Persistent link: https://www.econbiz.de/10010734328

Should Local Public Employment Services be Merged with the Local Social Benefit Administrations?

Holzner, Christian; Munz, Sonja - CESifo - 2011

The German Federal government has allowed some regions (Approved Local Providers) to be solely responsible for the care of long-term unemployed. The remaining regions had to form Joint Local Agencies, where the local social benefit administrations work together with the local public employment...

Persistent link: https://www.econbiz.de/10009024843

Mitigating Liquidity Constraints: Public Export Credit Guarantees in Germany

Felbermayr, Gabriel J.; Heiland, Inga; Yalcin, Erdal - CESifo - 2012

Reportedly, firms often find it impossible to finance large and long-term projects despite positive net present values. Should governments step in and can their assistance be effective? This paper studies the case of public export credit guarantees in Germany. Covering the default risk of...

Persistent link: https://www.econbiz.de/10010877647

Do Entrepreneurs Matter?

Becker, Sascha O.; Hvide, Hans K. - CESifo - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...

Persistent link: https://www.econbiz.de/10010607007

Ownership Concentration and Share Valuation: Evidence from Germany

Edwards, Jeremy; Weichenrieder, Alfons - CESifo - 1999

Concentrated ownership of large listed companies is widespread throughout the world, and Germany is typical in this respect. This paper proposes a method of distinguishing empirically between the beneficial and harmful effects of ownership concentration, and applies it to German data. The...

Persistent link: https://www.econbiz.de/10005406388

Market Effects of Voluntary Climate Action by Firms: Evidence from the Chicago Climate Exchange

Gans, Will; Hintermann, Beat - CESifo - 2011

Why do for-profit firms take voluntary steps to improve the environment? Brand appeal to green consumers or investors, the ability to influence or avoid regulation, or the experience gained for future regulation, have all been suggested as possible reasons. The empirical evidence is decidedly...

Persistent link: https://www.econbiz.de/10009021238