Showing 1 - 10 of 141
The paper applies an index suggested by Jeffrey Frankel on how to measure the gap between the intensity of national versus international transactions of a country to more than 100 countries over four periods between 1990 and 2005. The gap stands for "incomplete" globalization. It is shown that...
Persistent link: https://www.econbiz.de/10005042610
much of the cumulative innovation literature. When the research abilities of the firms differ, either the high ability firm …
Persistent link: https://www.econbiz.de/10005083363
an active innovation promoter. As such, it has actively implemented innovation policies that focus especially on creating … new funding opportunities and establishing several R&D centres to facilitate information flow and innovation cooperation … electronics SMEs, whether these policies have positively affected innovation intensity in HK. The survey findings indicate that …
Persistent link: https://www.econbiz.de/10005566194
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...
Persistent link: https://www.econbiz.de/10005755150
The labour productivity impact of innovation is investigated in this paper combining neo-Schumpeterian insights on the … variety of innovation, with the importance of industrial structures and firm size; two models are proposed for explaining … data from the European innovation survey (CIS 2), covering Austria, France, Italy, the Netherlands and the UK, broken down …
Persistent link: https://www.econbiz.de/10005755207
This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...
Persistent link: https://www.econbiz.de/10010956027
In 2011, price peaks in retail gasoline prices caused public outrage and attracted the attention of German regulatory agencies. After having examined the market, competition authorities concluded that tacit collusion existed but could not easily be prosecuted under the given competition law. In...
Persistent link: https://www.econbiz.de/10010956051
The author analyses delegation in homogenous duopoly under the assumption that the firm-managers compete in supply functions. In supply function equilibrium, managers' decisions are strategic complements. This reverses earlier findings in that the author finds that owners give managers...
Persistent link: https://www.econbiz.de/10010956081
Bilateral trade and capital flows have increased substantially between the United States and China yielding economic gains to both countries. However, these beneficial bilateral relations also bring about global environmental consequences including greenhouse gas emissions. We develop a...
Persistent link: https://www.econbiz.de/10010956084
Industrial organization is mainly concerned with the behavior of large firms, especially when it comes to oligopoly theory. Experimental industrial organization therefore faces a problem: How can firms be brought into the laboratory? The main approach relies on framing: Call individuals firms!...
Persistent link: https://www.econbiz.de/10010956088