Similar Search Results

The territorial dynamics of innovation in China and India

Crescenzi, Riccardo; Rodríguez-Pose, Andrés; Storper, … - London School of Economics (LSE) - 2012

This article analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is …. Innovative areas in China, rather than generate knowledge spillovers, seem to produce strong backwash effects. In India, by …

Persistent link: https://www.econbiz.de/10011125988

What do we know about China's CEO's?: evidence from across the whole economy

Bryson, Alex; Zhou, Minghai - London School of Economics (LSE) - 2012

All that we know about the CEO labour market in China comes from studies of public listed companies and state … China that exhibits many of the traits common to CEO labour markets in the West. …

Persistent link: https://www.econbiz.de/10010745536

Regulated and non-regulated companies, technology adoption in experimental markets for emission permits, and options contracts

Chesney, Marc; Taschini, Luca; Wang, Mei - London School of Economics (LSE) - 2011

This paper examines the investment strategies of regulated companies in abatement technologies, market participants' trading behaviors, and the liquidity level in an inter-temporal cap{and{trade market using laboratory experiments. The experimental analysis is performed under varying market...

Persistent link: https://www.econbiz.de/10010745458

Capital structure, investment, and fire sales

Gale, Douglas; Gottardi, Piero - London School of Economics (LSE) - 2014

We study a dynamic general equilibrium model in which firms choose their investment level and their capital structure, trading off the tax advantages of debt against the risk of costly default. The costs of bankruptcy are endogenously determined, as bankrupt firms are forced to liquidate their...

Persistent link: https://www.econbiz.de/10011170093

Capital structure and investment dynamics with fire sales

Gale, Douglas; Gottardi, Piero - London School of Economics (LSE) - 2013

We study a general equilibrium model in which firms choose their capital structure optimally, trading off the tax advantages of debt against the risk of costly default. The costs of default are endogenous: bankrupt firms are forced to liquidate their assets, resulting in a fire sale if there is...

Persistent link: https://www.econbiz.de/10011163502

A general framework for analysing endogenous trade divergences

Walsh, Patrick - London School of Economics (LSE) - 1991

determined by the maximum potential profitability of the home industry. It is argued that interpretations based on ?profit …

Persistent link: https://www.econbiz.de/10010884498

The interrelationship between HR, strategy and profitability in service SMEs: empirical evidence from the UK tourism hospitality and leisure sector

Georgiadis, Andreas; Pitelis, Christos N. - London School of Economics (LSE) - 2010

We investigate the strategies, HR attributes and their synergies that are associated with superior performance in service SMEs using data from the UK Tourism Hospitality and Leisure (THL) sector. A major advantage of our analysis is that our sample includes information also on very small firms...

Persistent link: https://www.econbiz.de/10010884576

The impact of the diffusion of a financial innovation on company performance: an analysis of SWIFT adoption

Scott, Susan V.; Zachariadis, Markos - London School of Economics (LSE) - 2010

1,689 SWIFT adopters) between 1998 and2005. We find that adoption appears to have large effects on profitability, but it … between new technologies and firm organization. The profitability effectoperates by both raising sales and decreasing …

Persistent link: https://www.econbiz.de/10010744922

Minimum wages and firm profitability

Draca, Mirko; Machin, Stephen; Van Reenen, John - London School of Economics (LSE) - 2006

other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This … residential care homes, and a second on firms across all sectors). Interestingly, we find no evidence that the profitability …

Persistent link: https://www.econbiz.de/10010746021

Investment, R&D and financial constraints in Britain and Germany

Bond, Stephen; Harhoff, Dietmar; Van Reenen, John - London School of Economics (LSE) - 2003

This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994. For German firms, cash flow is not informative in simple econometric models of fixed investment or R&D. In identical specifications for...

Persistent link: https://www.econbiz.de/10010884496