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Quah, Danny - London School of Economics (LSE) - 2003

efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …

Persistent link: https://www.econbiz.de/10010746188

Research and development, spillovers, innovation systems, and the genesis of regional growth in Europe

Rodríguez-Pose, Andrés; Crescenzi, Riccardo - London School of Economics (LSE) - 2008

regional innovation systems, and knowledge and socio-economic spillovers. This approach allows the discrimination between the …Research on the impact of innovation on regional economic performance in Europe has fundamentally followed three …) the study of the existence and efficiency of regional innovation systems; and (3) the examination of the geographical …

Persistent link: https://www.econbiz.de/10011071557

Social capital and the innovative performance of Italian provinces

Crescenzi, Riccardo; Gagliardi, Luisa; Percoco, Marco - London School of Economics (LSE) - 2013

Social capital has remained relatively underexplored in innovation literature due to the lack of consensus on the most … capital as propensity towards civicness and prosocial behaviour that facilitates the circulation of nonredundant knowledge … innovative performance after controlling for ‘traditional’ knowledge inputs (R&D and human capital). In addition, instrumental …

Persistent link: https://www.econbiz.de/10011071081

Why do voice regimes differ?

Willman, Paul; Bryson, Alex; Gomez, Rafael - London School of Economics (LSE) - 2003

In this paper we seek to explain the emergence of different voice regimes, and to do so by using approaches from institutional economics. In particular we analyse the emergence of different voice regimes as a contracting problem; a ¿make¿ or ¿buy¿ decision on the part of the employer. A...

Persistent link: https://www.econbiz.de/10011071464

Transaction costs and the robustness of the Coase Theorem

Anderlini, Luca; Felli, Leonardo - London School of Economics (LSE) - 2000

This paper explores the extent to which the presence of ex-ante transaction costs may lead to failures of the Coase Theorem. In particular we identify and investigate the basic ‘hold-up problem’ which arises whenever the parties to a Coasian negotiation have to pay some ex-ante costs for the...

Persistent link: https://www.econbiz.de/10010745037

Rising trade costs?: agglomeration and trade with endogenous transaction costs

Duranton, Gilles; Storper, Michael - London School of Economics (LSE) - 2005

While transport costs have fallen, the empirical evidence also points at rising total trade costs. In a model of industry location with endogenous transaction costs, we show how and under which conditions a decline in transport costs can lead to an increase in the total cost of trade.

Persistent link: https://www.econbiz.de/10010745746

Financial integration and asset returns

Martin, Philippe; Rey, Helene - London School of Economics (LSE) - 2000

The paper investigates the impact of financial integration on asset return, risk diversification and breadth of financial markets. We analyse a three-country macroeconomic model in which (i) the number of financial assets is endogenous; (ii) assets are imperfect substitutes; (iii) cross-border...

Persistent link: https://www.econbiz.de/10010746145

Financial super-markets: size matters for asset trade

Martin, Philippe; Rey, Helene - London School of Economics (LSE) - 2000

The paper presents a two-country macroeconomic model in which the number of financial assets is endogenous. Imperfect substitutability of assets and international transaction costs give a comparative advantage to large markets, because of demand effects. Agents have more incentives to undertake...

Persistent link: https://www.econbiz.de/10010746452

The effect of the UK stamp duty land tax on household mobility

Hilber, Christian A. L.; Lyytikainen, Teemu - London School of Economics (LSE) - 2012

We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. Exploiting a discontinuity in the tax schedule as a quasi-experimental setting, we isolate the impact of the stamp duty from other determinants of mobility. Our empirical strategy essentially compares...

Persistent link: https://www.econbiz.de/10011126731

Spatial agglomeration dynamics

Quah, Danny - London School of Economics (LSE) - 2002

This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and clustering. Economic activity is not concentrated on discrete...

Persistent link: https://www.econbiz.de/10010884745