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Heavyweights - the impact of large businesses on productivity growth
Falck, Oliver - 2007
The idea of an industrial policy that promotes large businesses - heavyweights - as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...
Persistent link: https://www.econbiz.de/10010264240
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Unraveling Firms: Demand, Productivity and Markups Heterogeneity
Forlani, Emanuele; Martin, Ralf; Mion, Giordano; Muls, … - 2016
We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups across firms while leaving the correlation among the three unrestricted. We do this by systematically exploiting assumptions that are implicit in previous firm-level productivity...
Persistent link: https://www.econbiz.de/10011431264
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How reasonable is the reasonable royalty rate?: Damage rules and probabilistic intellectual property rights
Choi, Jay Pil - 2006
This paper investigates how different damage rules in patent infringement cases shape competition when intellectual property rights are probabilistic. I develop a simple model of oligopolistic competition to compare two main liability doctrines that have been used in the US to assess...
Persistent link: https://www.econbiz.de/10010263961
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Rules of proof, courts, and incentives
Demougin, Dominique M.; Fluet, Claude - 2007
We analyze the design of legal principles and procedures for court decision-making in civil litigation. The objective is the provision of appropriate incentives for potential tort-feasors to exert care, when evidence about care is imperfect and may be distorted by the parties. Efficiency is...
Persistent link: https://www.econbiz.de/10010273769
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Railways and the Productivity Gap in Italy: Persistence and Divergence after Unification
Pontarollo, Nicola; Ricciuti, Roberto - 2015
The political unification of Italy in 1861 led to the establishment of a single market, by removing the trade barriers … same time, the Kingdom of Italy started a large infrastructure project to spread railways, which were largely confined in … Northern Italy, all over the country. Using tools from spatial econometrics, we find that railways played a positive effect on …
Persistent link: https://www.econbiz.de/10011307101
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Does the Quality of Electricity Matter? Evidence from Rural India
Chakravorty, Ujjayant; Pelli, Martino; Ural Marchand, Beyza - 2013
This paper estimates the returns to household income due to improved access to electricity in rural India. We examine the effect of connecting a household to the grid and the quality of electricity, defined as hours of daily supply. The analysis is based on two rounds of a representative panel...
Persistent link: https://www.econbiz.de/10010328787
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Top Lights - Bright Cities and their Contribution to Economic Development
Bluhm, Richard; Krause, Melanie - 2018
The commonly-used satellite images of nighttime lights fail to capture the true brightness of most cities. We show that night lights are a reliable proxy for economic activity at the city level, provided they are first corrected for top-coding. We present a stylized model of urban luminosity and...
Persistent link: https://www.econbiz.de/10012018102
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Telecommunication Submarine-Cable Deployment and the Digital Divide in Sub-Saharan Africa
Cariolle, Joël - 2018
The recent deployment of fibre-optic submarine cables (SMCs) in sub-Saharan Africa (SSA) raised the prospects for the digital economy expansion and the whole sub-continent take-off, but also exposed countries and populations to new sources of vulnerability. This paper provides empirical evidence...
Persistent link: https://www.econbiz.de/10012018106
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Priority Roads: The Political Economy of Africa's Interior-to-Coast Roads
Bonfatti, Roberto; Gu, Yuan; Poelhekke, Steven - 2019
Africa’s interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...
Persistent link: https://www.econbiz.de/10012018169
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Urbanization, productivity differences and spatial frictions
Arcalean, Calin; Glomm, Gerhard; Schiopu, Ioana Cosmina - 2019
We study decentralized and optimal urbanization in a simple multi-sector model of a rural-urban economy focusing on productivity differences and internal trade frictions. We show that even in the absence of the typical externalities studied in the literature, such as agglomeration, congestion or...
Persistent link: https://www.econbiz.de/10012018300