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Börner, Kira - Volkswirtschaftliche Fakultät, … - 2004

International organizations promote privatization as precondition for economic development. But is there really too little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state-owned firm. Different government types are compared to...

Persistent link: https://www.econbiz.de/10005187345

The Poverty of Growth with Interdependent Utility Functions

Salamon, Peter; Komlos, John - Volkswirtschaftliche Fakultät, … - 2005

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the … gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy. …

Persistent link: https://www.econbiz.de/10005649774

Macroeconomic Confusion

Schlicht, Ekkehart - Volkswirtschaftliche Fakultät, … - 2006

This note critically evaluates the New Classical Macroeconomics from a Marshallian perspective. Revisiting the famous Keynes-Tinbergen controversy, it is argued that Keynes' criticism comprises the "Lucas critique," and that it is misleading to label this a critique of Keynesian economics. The...

Persistent link: https://www.econbiz.de/10005649780

Educational Content, Educational Institutions and Economic Development: Lessons from History

Cantoni, Davide; Yuchtman, Noam - Volkswirtschaftliche Fakultät, … - 2012

Individuals’ choices of educational content are often shaped by the political economy of government policies that determine the incentives to acquire various skills. We first present a model to show how differences in educational content emerge as an equilibrium outcome of private decisions...

Persistent link: https://www.econbiz.de/10009415848

Oil Price Shock and Structural Changes in CMEA Trade

Beckmann, Elisabeth; Fidrmuc, Jarko - Volkswirtschaftliche Fakultät, … - 2009

We analyse trade between countries of the Council of Mutual Economic Assistance in Eastern Europe between 1950 and 1990. Despite central planning and political motivation of the CMEA, we show that trade could be explained by standard demand factors surprisingly well. Moreover, we document that...

Persistent link: https://www.econbiz.de/10004988389

Innovation and the International Firm Structure: Theory and Evidence from German Firm-Level Data

Hansen, Thorsten - Volkswirtschaftliche Fakultät, … - 2010

This paper studies the impact of innovation on the organizational structure. The theoretical framework predicts that a …

Persistent link: https://www.econbiz.de/10008478849

Entrepreneurial innovations and taxation

Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - Volkswirtschaftliche Fakultät, … - 2011

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

Persistent link: https://www.econbiz.de/10009018021

Product versus Process: Innovation Strategies of Multi-Product Firms

Flach, Lisandra; Irlacher, Michael - Volkswirtschaftliche Fakultät, … - 2014

This paper studies the innovation strategies of multi-product firms in industries with different scope for product … differentiation. In a simple model of multi-product firms, we show that returns to product versus process innovation are industry …-specific. Demand and cost linkages induce a natural distinction between the returns to product and process innovation. In highly …

Persistent link: https://www.econbiz.de/10010897327

The Economic Effects of the Protestant Reformation: Testing the Weber Hypothesis in the German Lands

Cantoni, Davide - Volkswirtschaftliche Fakultät, … - 2013

figures of 272 cities in the years 1300–1900, I find no effects of Protestantism on economic growth. The finding is precisely …

Persistent link: https://www.econbiz.de/10011210862

Human Capital and Macroeconomic Growth: Austria and Germany 1960-1997. An Update

Marin, Dalia; Koman, Reinhard - Volkswirtschaftliche Fakultät, … - 2005

of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include … be less (and not more) able to account for the cross-country growth performance of Austria and Germany when human capital … cross country growth between these two neighboring countries with similar political and institutional background. …

Persistent link: https://www.econbiz.de/10005187332