Narrow search
Showing 1 - 10 of 330
Cover Image
Commercial culture, political culture and the political economy of trade policy : the case of Japan
Katayama, Seiichi; Ursprung, Heinrich W. - 2000
In this paper we present a model of endogenous trade-policy formation which captures crucial aspects of the Japanese commercial and political culture. We analyze the influence of the portrayed cultural traits and show that cultural idiosyncrasies are important determinants of trade policy...
Persistent link: https://www.econbiz.de/10009781589
Cover Image
Firm-specific characteristics and the timing of foreign direct investment projects
Raff, Horst (contributor); Ryan, Michael (contributor) - 2006
Persistent link: https://www.econbiz.de/10003462031
Cover Image
Asset ownership and foreign-market entry
Raff, Horst (contributor); Ryan, Michael (contributor);  … - 2006
This paper examines the link between a firm’s ownership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through...
Persistent link: https://www.econbiz.de/10003301155
Cover Image
The Penn effect within a country : evidence from Japan
Cheung, Yin-Wong; Fujii, Eiji - 2012 - This version: August 2012
within Japan, we find that the measures of sectoral productivity do not behave in the way suggested by the Balassa … prefectures. Furthermore, the intra-Japan Penn effect is driven essentially by prices of nontradables. The effect is also found … power. -- agglomeration effect ; Penn effect ; sectoral productivity differential ; tradables and non-tradables ; population …
Persistent link: https://www.econbiz.de/10009630643
Cover Image
The effect of bank recapitalization policy on credit allocation, investment, and productivity : evidence from a banking crisis in Japan
Kasahara, Hiroyuki; Sawada, Yasuyuki; Suzuki, Michio - 2023
study aims to examine whether the capital injections primarily benefited high-productivity firms or were misallocated to … struggling "zombie" firms. The empirical results suggest that banks, post-injection, increased lending to both high-productivity … non-zombie firms and low-productivity zombie firms. While the former is in line with conventional theories that prioritize …
Persistent link: https://www.econbiz.de/10014334373
Cover Image
A different look at Lenin's legacy : trust, risk, fairness and cooperativeness in the two Germanies
Heineck, Guido; Süssmuth, Bernd - 2010
What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of convergence with regard to individuals' trust and risk, as well...
Persistent link: https://www.econbiz.de/10008697515
Cover Image
Was Weber wrong? : a human capital theory of protestant economic history
Becker, Sascha O. (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003497633
Cover Image
The effect of protestantism on education before the industrialization : evidence from 1816 Prussia
Becker, Sascha O.; Woessmann, Ludger - 2010
This paper uses recently discovered data on nearly 300 Prussian counties in 1816 to show that Protestantism led to more schools and higher school enrolment already before the industrialization. This evidence supports the human capital theory of Protestant economic history of Becker and Woessmann...
Persistent link: https://www.econbiz.de/10003925192
Cover Image
Firm-productivity and export under non-constant marginal costs
Mukherjee, Arijit - 2016
Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10011432543
Cover Image
The real exchange rate in the long run : Balassa-Samuelson effects reconsidered
Bordo, Michael D.; Choudhri, Ehsan U.; Fazio, Giorgio; … - 2014
Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the … real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample … argue that changes in trade costs over time may affect the impact of productivity on the real exchange rate over time. We …
Persistent link: https://www.econbiz.de/10010374513