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This paper analyzes the role of innovation activities in the export participation of Chinese high-tech firms during the period of 2005-2007. Using a parametric, instrumental variable approach and a non-parametric matching method, we find that firm-level innovation efforts, measured by R&D and...
Persistent link: https://www.econbiz.de/10009203610
Empirical anomalies in the dynamics of earnings following the emergence of new ICT technologies are not consistent with various re-elaborations of the human capital theory. The first part of the paper reviews critically this literature and highlights an important gap concerning the role of...
Persistent link: https://www.econbiz.de/10005835707
Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...
Persistent link: https://www.econbiz.de/10008855541
Following China's accession to the WTO in 2001, reform of its science and technology system has deepened. This book … clusters, the R&D activities of multinational corporations operating in China, and the prospect of commercialization of high … that although high-tech exports have become an important contributing factor to China's economic growth, the country still …
Persistent link: https://www.econbiz.de/10014473995
European history. By contrast, China, India and the Islamic Middle East are regarded as inherently imperial and overcentralised … -- 4. Lessons from the history of Imperial China -- 5. Advantages of centralized and decentralized rule in Japan -- 6 …
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