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This paper is devoted to the study of diversification and specialization influence on one of the main indicators of … were empirically tested: 1) the dependence of the unemployment rate on the degree of concentration or diversification is … concentration or diversification on the level of unemployment depends on the time period. To test these hypotheses nonparametric …
Persistent link: https://www.econbiz.de/10011958935
We analyze how globalization has affected the sectoral anatomy of regional growth in Germany over the period 1978-2008. The aggregate German economy is characterized by a secular decline of manufacturing and a rise of modern service industries. This trend - also known as Petty's law - is not...
Persistent link: https://www.econbiz.de/10010350823
In this paper we study the dynamics of local employment growth in West Germany from 1980 to 2001. Using dynamic panel techniques, we analyse the timing of the impact of diversity and specialisation, as well as of the human capital structure of local industries. Diversity has a positive effect on...
Persistent link: https://www.econbiz.de/10003147314
Persistent link: https://www.econbiz.de/10001953289
In many European countries, wages are determined by collective bargaining agreements intended to improve wages and reduce inequality. We study the local and aggregate effects of collective bargaining in Italy and Germany. The two countries have similar geographical differences in firm...
Persistent link: https://www.econbiz.de/10011998613
Recent research has documented a U-shaped industrial concentration curve over an economy's development path. How far can neoclassical trade theory take us in explaining this pattern? We estimate the production side of the Heckscher-Ohlin model using industry data on 44 developed and developing...
Persistent link: https://www.econbiz.de/10010221543
higher self-rated knowledge of personal finances, and are more likely to understand the value of diversification. While …
Persistent link: https://www.econbiz.de/10012002671
points. In terms of proportional losses, a loss of 50% or more of the remaining cash endowment increases diversification … endowment, previous diversification strategy, relative difficulty of questions, the ability level of participants, and other …
Persistent link: https://www.econbiz.de/10013367589
team composition, firm diversification, and IT investments - which arguably alter returns to exploiting synergies through … ; diversification …
Persistent link: https://www.econbiz.de/10009548652
We explore asset holding diversification by Australian households, in particular, the household asset diversification … lower extent of, asset holding diversification. …
Persistent link: https://www.econbiz.de/10010379946