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Ideas Production and International Knowledge Spillovers : Digging Deeper into Emerging Countries
Luintel, Kul - 2018
Research and Development (R&D) activities of emerging countries (EMEs) have increased considerably in recent years. Recent micro studies and anecdotal evidence points to industrialized countries as the sources of knowledge in EMEs. In this context, we examine ideas production and international...
Persistent link: https://www.econbiz.de/10012930598
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Volatility Transmission in Emerging European Foreign Exchange Markets
Bubak, Vit - 2013
This paper studies the dynamics of volatility transmission between Central European currencies and euro/dollar foreign exchange using model-free estimates of daily exchange rate volatility based on intraday data. We formulate a flexible yet parsimonious parametric model in which the daily...
Persistent link: https://www.econbiz.de/10013094673
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Global and Regional Spillovers in Emerging Stock Markets : A Multivariate Garch-in-Mean Analysis
Beirne, John - 2013
This paper examines global (mature market) and regional (emerging market) spillovers in local emerging stock markets. Tri-variate VAR GARCH(1,1)-in-mean models are estimated for 41 emerging market economies (EMEs) in Asia, Europe, Latin America, and the Middle East. The models capture a range of...
Persistent link: https://www.econbiz.de/10013095613
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The Organization of Knowledge in Multinational Firms
Gumpert, Anna - 2015
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production plants if communication costs impede the access of...
Persistent link: https://www.econbiz.de/10013020512
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International Energy R&D Spillovers and the Economics of Greenhouse Gas Atmospheric Stabilization
Bosetti, Valentina - 2014
It is widely recognized that technological change has the potential to reduce GHG emissions without compromising economic growth; hence, any better understanding of the process of technological innovation is likely to increase our knowledge of mitigation possibilities and costs. This paper...
Persistent link: https://www.econbiz.de/10012751854
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Market Structure, Technological Gap and Vertical Linkage Effects from Foreign Direct Investment
Kadochnikov, Sergey; Drapkin, Igor M. - 2021
This paper is based on the model of backward linkages from foreign direct investment (FDI) Lin/Saggi (2003), where the market structure of the final goods sector is represented by a monopoly or Cournot oligopoly, and the supplier sector - by a pure monopoly. We extend this model by examining...
Persistent link: https://www.econbiz.de/10013316575
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World Market Access of Emerging-Market Firms : The Role of Foreign Ownership and Access to External Finance
Raff, Horst - 2013
This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...
Persistent link: https://www.econbiz.de/10013078522
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Spillover Effects of Institutions on Cooperative Behavior, Preferences, and Beliefs
Engl, Florian - 2018
Institutions are an important means for fostering prosocial behaviors, but in many contexts their scope is limited and … are economically substantial, amounting up to 30 to 40 percent of the direct effect of institutions. In addition, we find … also observe that institutions enhance prosocial preferences and beliefs about others' prosocial behavior, even toward …
Persistent link: https://www.econbiz.de/10012933669
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Community Enterprises - An Institutional Innovation
Frey, Bruno S. - 2011
Management research has long focused on the theory of the firm, studying for-profit organizations that produce privately owned resources based on central authority and within well-defined boundaries. In recent times, a new kind of enterprise has emerged that we call Community Enterprises. They...
Persistent link: https://www.econbiz.de/10013125697
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Explaining Inequality between Countries : The Declining Role of Political Institutions
Hussey, Andrew - 2017
Within the fundamental determinants of cross-country income inequality, ‘humanly devised' political institutions … inequality explainable by differences in political institutions, we decompose annual cross-country Gini coefficients for 95 … (from a Gini of 0.525 to 0.521) but the portion that cannot be explained by political institutions has increased …
Persistent link: https://www.econbiz.de/10012962120