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. Barriers to entrepreneurship, to setting up new firms and to innovations which are prevalent on goods and capital markets also …
Persistent link: https://www.econbiz.de/10011506205
We study the effects of employment protection taking into account that firms can invest in R&D or buy new technologies … innovation market. If employment protection is introduced, firms’ willingness to pay for product or process innovations increases … innovations and firms. …
Persistent link: https://www.econbiz.de/10010496891
We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document...
Persistent link: https://www.econbiz.de/10011659539
represent an essential element of the macro economy. The overall level of activity is also crucial to oil companies, since the …
Persistent link: https://www.econbiz.de/10010417468
the current principal prefers her future self to save more, she can increase current investments complementary to future … savings and decrease investments in the strategic substitutes, for example. To characterize the principalś choices they are … benefits from subsidizing investments in "green" capital (complementary to future savings) and tax investments in substitute …
Persistent link: https://www.econbiz.de/10010223357
We estimate by means of indirect inference a structural economic model where firms’ exit and investment decisions are the solution to a discrete-continuous dynamic programming problem. In the model the exit probability depends on the current capital stock and a measure of short-run...
Persistent link: https://www.econbiz.de/10010474825
This paper examines how beliefs and preferences drive identity-conforming consumption or investments. We introduce a …
Persistent link: https://www.econbiz.de/10014447746
increases. Instead, they exhibited distinct investment patterns, prioritizing cost-effective technologies like hydro and thermal …
Persistent link: https://www.econbiz.de/10014521191
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product … quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find … inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for …
Persistent link: https://www.econbiz.de/10011864551
defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform …
Persistent link: https://www.econbiz.de/10012026451