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A Model Of Market-Enhancing Infrastructure

Aghion, Philippe; Schankerman, Mark - C.E.P.R. Discussion Papers - 2000

asymmetric firms, restructuring, and entry. We show how these welfare effects depend on the initial level of market development …, and restructuring and entry costs. The model generates an endogenous demand for infrastructure investment, and the … simulate the relative welfare effects of reducing transport, restructuring and entry costs, and we evaluate in each case the …

Persistent link: https://www.econbiz.de/10005656176

Competition, Entry, and the Social Returns to Infrastructure in Transition Economies

Aghion, Philippe; Schankerman, Mark - C.E.P.R. Discussion Papers - 1999

incentives for relatively low-cost firms to enter the market, and thus improves the efficiency of the entry process. The … among firms, the proportion of high-cost firms, the cost of restructuring, and entry costs for new firms. …

Persistent link: https://www.econbiz.de/10005667044

City Competition for the Creative Class

Buettner, Thiess - 2013

This paper explores the conditions under which decentralization and fiscal competition lead to a policy of subsidizing cultural activities. A theoretical analysis discusses these subsidies as a form of local public good provision which makes a city more attractive to highly educated individuals....

Persistent link: https://www.econbiz.de/10013074404

Do Norms on Contribution Behavior Affect Intrinsic Motivation? Field-Experimental Evidence from Germany

Boyer, Pierre - 2016

This paper studies how imposing norms on contribution behavior affects individuals' intrinsic motivation. We consider the church levy, which the Catholic Church in Germany collects as a charitable donation, despite the fact that the levy is legally a tax. We design a randomized field experiment...

Persistent link: https://www.econbiz.de/10012985409

Technological Determinants of the Group-Size Paradox

Kolmar, Martin; Rommeswinkel, Hendrik - 2021

The present paper analyzes situations in which groups compete for rents. A major result in the literature has been that there are both cases where larger groups have advantages and cases where they have disadvantages. The paper provides two intuitive criteria which for groups with homogenous...

Persistent link: https://www.econbiz.de/10013316067

Competing for Recognition Through Public Good Provision

Polborn, Mattias - 2021

Consider a setting in which several groups of individuals with common interests (clubs) compete with each other for recognition by other individuals. Depending on the context, recognition may be expressed by these other individuals joining a club, or choosing one club to admire. Clubs compete by...

Persistent link: https://www.econbiz.de/10013317500

Interjurisdictional Competition for Higher Education and Firms

Gerard, Marcel; Ruiz, Fernando - 2021

In this paper we consider two regions competing for the larger part of the investment by a mobile firm whose decision is based on the quality of human capital in each region. This in turn depends on the initial skill level and the amount of higher education in the region, with a possible...

Persistent link: https://www.econbiz.de/10013317565

Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

Making the World a Better Place : Consumers' Group Identity in the Markets with Competition and Two-Sided Opportunism

Kanniainen, Vesa - 2016

Consumer boycotts often provide a disciplinary mechanism against firms deviating from established social norms. Such actions tend to be organized by people through reference groups with a social mission. The intensity of the group identity is, however, private information. Therefore, the...

Persistent link: https://www.econbiz.de/10012993694

Competition and Relationship Lending : Friends or Foes?

Presbitero, Andrea Filippo; Zazzaro, Alberto - 2021

Recent empirical findings by Elsas (2005) and Degryse and Ongena (2007) document a U-shaped effect of market concentration on relationship lending which cannot be easily accommodated by the investment and strategic theories of relationship lending. In this paper, we suggest that this...

Persistent link: https://www.econbiz.de/10013316197