Showing 1 - 10 of 586
This paper studies how learning from neighboring firms affects new exporters' performance and dynamics. We develop a statistical decision model in which a firm updates its prior belief about demand of a foreign market based on the number of neighbors currently selling there, the level and...
Persistent link: https://www.econbiz.de/10010256701
there is less competition from other skilled workers and housing price is lower. Our model explains why young workers were …
Persistent link: https://www.econbiz.de/10011408390
This paper shows that price rigidity evolves in an economy populated by imperfectly rational agents who experiment with alternative rules of thumb. In the model, firms must set their prices in face of aggregate demand shocks. Their payoff depends on the level of aggregate demand, as well as on...
Persistent link: https://www.econbiz.de/10011409938
&D investment, and derive predictions on the effects of trust and competition on suppliers' investment and buyers' procurement … - but also with more competitive procurement: trust and rents from reduced supplier competition in the procurement process …
Persistent link: https://www.econbiz.de/10010485523
How do banks react to increased interbank competition? Recent banking theory offers conflicting predictions about the … impact of competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank … industry specialization. We empirically investigate the impact of interbank competition on bank branch orientation and …
Persistent link: https://www.econbiz.de/10011402722
This paper investigates two major issues of the patenting behavior of Belgian firms. Firstly, it studies the probabilistic distribution of the patent citations among several major sectors. Secondly, the firm-oriented data is studied to investigate the relationships between the Belgian firms size...
Persistent link: https://www.econbiz.de/10011398036
This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard Schumpeterian growth model by introducing explicitly...
Persistent link: https://www.econbiz.de/10011515411
This paper conducts a comprehensive study of patent citations in patents granted to Belgian corporate applicants by the United States and the European Patent Offices using qualitative response variable analysis. The analysis uncovered different patterns of citations in patents, which belong to...
Persistent link: https://www.econbiz.de/10011410433
The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity of R&D. Our work analyzes knowledge diffusion and knowledge externalities in generating innovation and in determining productivity. We first estimate the determinants of...
Persistent link: https://www.econbiz.de/10011410671
This article analyzes the effect of population sorting on economic growth. The analysis is performed in a two-region growth model with endogenous fertility, in which public knowledge spillovers from the more advanced core into children’s human capital accumulation function in the periphery are...
Persistent link: https://www.econbiz.de/10012628761