Showing 1 - 10 of 57
changes in ownership when analyzing spinoffs and generally to control for endogeneity, selection and data attrition when …
Persistent link: https://www.econbiz.de/10005077066
equilibrium in the long run. Resulting from the endogeneity problem of the variables involved, two-stage least squares was applied …
Persistent link: https://www.econbiz.de/10005556612
The study of the territorial/regional development in Spain has nowadays a relatively long tradition, but from the point of view of cities development the number of studies and documents decreases drastically. This paper tries to improve the knowledge of the Spanish urban system. The aim of this...
Persistent link: https://www.econbiz.de/10005118984
An exogenous impact function is defined as the derivative of a structural function with respect to an endogenous variable, other variables, including unobservable variables held fixed. Unobservable variables are fixed at specific quantiles of their marginal distributions. Exogenous impact...
Persistent link: https://www.econbiz.de/10005119107
profitability. The effects of concentrated foreign ownership support the agency theory and go against theories stressing the …
Persistent link: https://www.econbiz.de/10005135012
The paper underlines the division of labour principle for understanding the development of the entrepreneurial process within a social network; the principal background premise is that the two crucial factors affecting the entrepreneur when he is creating a new business are his previous...
Persistent link: https://www.econbiz.de/10005134480
Short-term contracts provide weak incentives for durable input investment if post-contract asset transfer is difficult. Our model shows that when both agents provide inputs, optimal contract length balances weak incentives of one agent against the other. This perspective broadens the existing...
Persistent link: https://www.econbiz.de/10005118926
Persistent link: https://www.econbiz.de/10005134420
The purpose of this paper is to examine the modalities of the organization of R&D activities between the main institutional sectors (higher-education, government, industry) within the field of space communications in the Triad countries. The analysis of these modalities is complex since the...
Persistent link: https://www.econbiz.de/10005134489
This study presents estimation of production functions for the Soviet industry from the 1951—1970 data. Different specifications and estimation procedures were tried. The results diverged on a wide range and this may have serious implications. The paper shows possible effects of different...
Persistent link: https://www.econbiz.de/10005407937