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international division of labour. We concentrate on the question, to what extent they have caught up with the productivity level of … their Western counterparts of similar size and sector and how this productivity difference is related to changes in their … policy and productivity information for individual manufacturers from both parts of the country. Using a decomposition …
Persistent link: https://www.econbiz.de/10008527282
This paper applies the concept of damage coefficients introduced in Houba and Kremers (2008) to provide an estimate of the cost of climate change - in particular the cost of changes in mean regional temperature and precipitation - to the fruit vegetation sector. We concentrate on the production...
Persistent link: https://www.econbiz.de/10004963779
How do new and foreign firms achieve superior productivity? Do they conduct more and better R&D? Or do they distinguish … IT and less in R&D than initially state-owned firms. Productivity gains from R&D and non-technology investment are … investment. New firm productivity growth is a result of higher investment volume rather than investment efficiency. …
Persistent link: https://www.econbiz.de/10008555913
This paper compares the performance of purely domestic plants, domestic exporters and domestic multinationals. For our empirical analysis we utilise a non-parametric approach based on the principle of first order stochastic dominance. We find that the distributions for multinationals dominate...
Persistent link: https://www.econbiz.de/10005068656
A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by quality and sellers have private reserve prices for their items. Sellers quote prices strategically, inducing a knapsack game. The buyer's problem is to select a subset of maximal quality. We...
Persistent link: https://www.econbiz.de/10004963815
Informed capital is a crucial ingredient to a well-functioning market for start-up finance, especially in times of difficult market conditions. For bank-based systems, the question regarding which investors actually supply informed capital has not yet been answered. To fill this gap, we conduct...
Persistent link: https://www.econbiz.de/10005068684
Wir untersuchen den Einfluss von Branchenmerkmalen, Standort und Veränderungen im Zeitablauf auf Neugründungen von Betrieben mit einem Mehr- Ebenen-Ansatz. Die Analyse bezieht sich auf Westdeutschland im Zeitraum 1983- 1997. Innovationsaktivitäten und die Ausprägung des technologischen...
Persistent link: https://www.econbiz.de/10005069035
German chemical manufacturing industry is marked by two major structural changes during 1992-2004. Firstly, number of firms was ranging extensively: from 676 to 901, while only 96 firms represented balanced panel. Secondly, size of the firm dropped considerably-by 88%. This paper is intended to...
Persistent link: https://www.econbiz.de/10005069049
Using a sample of fare quotes for non-stop travel from New York to London, this paper investigates the dynamics of offered fares as the departure date nears. We find that the general trend is toward fare increase at an accelerated rate as the departure date approaches. Clear differences in...
Persistent link: https://www.econbiz.de/10005018672
This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment....
Persistent link: https://www.econbiz.de/10011255282