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Stahl, Konrad; Strausz, Roland - 2011

Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer or the seller? Our answer - the seller - follows from a nontrivial analysis revealing a clear intuition. Buyer-induced certification acts as an inspection device,...

Persistent link: https://www.econbiz.de/10009011365

Chinese experience with global G3 standard-setting

Whalley, John; Zhou, Weimin; An, Xiaopeng - 2009

China's growth strategy as set out in the 11th 5-year plan in 2005 called for upgrading of product quality, the development of an innovation society, and reduced reliance on foreign intellectual property with high license fees. Consistent with this policy, China has been involved in recent years...

Persistent link: https://www.econbiz.de/10003807873

Quality certificates alleviate consumer aversion to sponsored search advertising

Hui, Xiang; Liu, Meng - 2022

We study consumer response towards sponsored search advertising and how to improve advertising performance on a large e-commerce platform. Our research design is based on a field experiment which randomizes the salience of ad disclosure to consumers, and a natural experiment which eradicates a...

Persistent link: https://www.econbiz.de/10013342873

Trade and industrial policy of transition economies

Gonzales, José Luis Moraga; Viaene, Jean-Marie - 2001

Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...

Persistent link: https://www.econbiz.de/10011398110

Beyond the Balassa-Samuelson effect in some new member states of the European Union

García-Solanes, José (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003462124

Ten years after : what is special about transition countries?

Gros, Daniel; Suhrcke, Marc - 2000

Most countries commonly classified as 'in transition' are st ill recognisably different from other countries with a similar income per capita in some respects: a larger share of their work force is in industry, they use more energy, they have a more extensive infrastructure and invest more in...

Persistent link: https://www.econbiz.de/10009781605

Apprenticeship, vocational training and early labor market outcomes : in East and West Germany

Riphahn, Regina T.; Zibrowius, Michael - 2015

We study the returns to apprenticeship and vocational training for three early labor market outcomes all measured at age 25 for East and West German youths: non-employment (i.e., unemployment or out of the labor force), permanent fulltime employment, and wages. We find strong positive effects of...

Persistent link: https://www.econbiz.de/10010496141

Asymmetry in volatility : a comparison of developed and transition stock markets

Wdowinski, Piotr; Malecka, Marta - 2010

ARCH modelling framework of Engle (1982) and its GARCH generalization of Bollerslev (1986) gave a huge impetus to econometric model building in the field of financial time series with time-varying variance. The main idea of the models was to describe the most typical features of capital markets...

Persistent link: https://www.econbiz.de/10003942099

Growing together : Croatia and Latvia

Thorvaldur Gylfason; Hochreiter, Eduard - 2010

We compare and contrast the economic growth performance of Croatia and Latvia since the collapse of communism in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and other...

Persistent link: https://www.econbiz.de/10008697476

Optimal targeting in fundraising : a machine-learning approach

Cagala, Tobias; Glogowsky, Ulrich; Rincke, Johannes; … - 2021

Ineffective fundraising lowers the resources charities can use for goods provision. We combine a field experiment and a … causal machine-learning approach to increase a charity's fundraising effectiveness. The approach optimally targets … fundraising to individuals whose expected donations exceed solicitation costs. Among past donors, optimal targeting substantially …

Persistent link: https://www.econbiz.de/10012508781

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