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Brakman, Steven; van Marrewijk, Charles - 2007

Thomas Friedman's book the world is flat has been a bestseller since it appeared in 2005. The remarkable success of the … book reflects to a certain extent the present fears with respect to increasing globalization. Using many examples, Friedman … argues that distance (however defined) is no longer a dominant characteristic of the world economy, or will cease to be so in …

Persistent link: https://www.econbiz.de/10010275796

Unlocking the value of cross-border mergers and acquisitions

Brakman, Steven; Garita, Gus; Garretsen, Harry; van … - 2008

Most FDI takes place between the developed countries, which suggests that the market-seeking motive is important for understanding FDI. However, given the stylized fact that trade barriers (e.g. transportation costs and financial barriers) have declined over the past 20 years, models that aim to...

Persistent link: https://www.econbiz.de/10010275800

Labour Markets, Trade and Technological Progress : A Meta-Study

Terzidis, Nikos - 2019

losers of automation and globalization. Using a sample of 77 studies and 1158 estimates, we find that both effects are …

Persistent link: https://www.econbiz.de/10012866562

The cult of statistical significance

Krämer, Walter - 2010

This article takes issue with a recent book by Ziliak and McCloskey (2008) of the same title. Ziliak and McCloskey argue that statistical significance testing is a barrier rather than a booster for empirical research in many fields and should therefore be abandoned altogether. The present...

Persistent link: https://www.econbiz.de/10010274828

Putting new economic geography to the test : free-ness of trade and agglomeration in the EU regions

Brakman, Steven; Garretsen, Harry; Schramm, Marc - 2005

Based on a new economic geography (NEG) model by Puga (1999), we use the equilibrium wage equation to estimate two key structural model parameters for the NUTS II EU regions. These estimations enable us to come up with an empirically grounded free-ness of trade parameter. In line with NEG...

Persistent link: https://www.econbiz.de/10010276561

Kapitalflucht aus Entwicklungsländern : ein Beitrag zur theoretischen und empirischen Diagnose

Krämer, Walter - 1969

Persistent link: https://www.econbiz.de/10004583239

Kapitalflucht aus Entwicklungsländern : ein Beitrag zur theoretischen und empirischen Diagnose

Krämer, Walter - 1969

Persistent link: https://www.econbiz.de/10013377878

Cross-border mergers and acquisitions : on revealed comparative advantage and merger waves

Brakman, Steven; Garretsen, Harry; van Marrewijk, Charles - 2005

By combining two large data sets (on international trade flows and on mergers and acquisitions – M&As), we are able to test two implications of Neary's (2003, 2004a) recent theoretical work. Analyzing M&As in a General Oligopolistic Equilibrium (GOLE) model incorporating strategic interaction...

Persistent link: https://www.econbiz.de/10010275774

Cross-border mergers & acquisitions: the facts as a guide for international economics

Brakman, Steven; Garretsen, Harry; van Marrewijk, Charles - 2006

Using a detailed and large data set on cross-border merger and acquisitions we discuss the relationship between theory and observed empirical characteristics: (i) most FDI is in the form of M&As, (ii) firms engaged in M&As seem to be marketseeking', (iii) M&As come in waves (the most recent wave...

Persistent link: https://www.econbiz.de/10010275794

Large-scale disasters and the insurance industry

Krämer, Walter; Schich, Sebastian T. - 2008

We investigate the impact of the 20 largest - in terms of insured losses - man-made or natural disasters on various insurance industry stock indices. We show via an event study that insurance sectors worldwide are quite resilient, in a market value sense, to unexpected losses to capital: our...

Persistent link: https://www.econbiz.de/10010276605