Showing 1 - 10 of 62
This paper argues that the production constraints in the basic NAIRU model should be distinguished by type: capital constraints and labour constraints. It notes the failure to incorporate this phenomenon in standard macro models. Using panel data for UK manufacturing over eighty quarters it is...
Persistent link: https://www.econbiz.de/10005083405
While the economic theory predicts that developing countries will gain the most from technology spillovers, there have been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 Western European countries between 1990 and 2006 and...
Persistent link: https://www.econbiz.de/10005755110
We analyze the impact of national pharmaceutical regulation on the launch delay of new chemical entities approved by … countries (18% for Portugal and 19% for Greece). This difference accrues from both price regulation and market attractiveness …
Persistent link: https://www.econbiz.de/10005755111
, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues — the European …
Persistent link: https://www.econbiz.de/10005755247
economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An … competencies for the regulation of the European network industries. …
Persistent link: https://www.econbiz.de/10005755260
A mandatory open-network-provision (ONP) by dominant firms is the appropriate government regulation in the presence of … network externalities. For basic telephone services and online services, a permanent ONP regulation seems indispensable …, whereas telecommunication networks only require transitional ONP regulation as long as public or privatized PTTs dispose of a …
Persistent link: https://www.econbiz.de/10009276517
The economic effects of offshoring have been subject to extensive empirical analysis in the past, but many studies have not accurately distinguished between offshoring, domestic outsourcing, and the substitution of domestic by foreign suppliers. In this study I provide stylized facts on...
Persistent link: https://www.econbiz.de/10010886967
Learning-by-exporting proponents argue that exporting increases productivity by exposing producers to new technologies or through product quality upgrading. This study is based on the observation that the technological superiority and severity of product quality requirements are not the same in...
Persistent link: https://www.econbiz.de/10010886992
This paper provides a different perspective on the firm-level empirical analysis of the relation between foreign ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a sample of 4672 Belgian firms observed between 2003 and...
Persistent link: https://www.econbiz.de/10011263001
This paper explores the link between exports and total factor productivity (TFP) for Brazilian manufacturing firms over the period 2000-2008, both under the assumption of an exogenous or an endogenous law of motion for productivity. The authors first obtain TFP estimates under each alternative...
Persistent link: https://www.econbiz.de/10011263003