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The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market …-induced innovation increase by the IG Farben successors, which then spilled over to the wider chemical industry. …
Persistent link: https://www.econbiz.de/10013358717
Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms’ incentives to innovate and competitive …
Persistent link: https://www.econbiz.de/10003571666
sources of finance. The scale of restructuring and innovation activity is as high or higher in transition economies as in …
Persistent link: https://www.econbiz.de/10003782478
to workplace innovation. Under our theoretical model, which extends the Cournot duopoly innovation model, local union … wage bargaining is more conducive to innovation - particularly product innovation - than competitive pay setting. We test … with process innovation. …
Persistent link: https://www.econbiz.de/10012179608
Changes in political boundaries aimed at devolving power to local governments are common in many countries. We examine the economic consequences of redistricting through the creation of smaller government units. Exploiting reforms that led to sharp variations in the number of government units in...
Persistent link: https://www.econbiz.de/10014463692
The division of labor between and within countries is driven by two fundamental forces, comparative advantage and increasing returns. We set up a simple Ricardian model with a Marshallian input sharing mechanism to study their interplay. The key insight that emerges is that the interaction...
Persistent link: https://www.econbiz.de/10011543995
We analyse the implications of unions (efficient bargaining) for multiplicity of stationary states and welfare, local indeterminacy, bifurcations and endogenous fluctuations (deterministic and stochastic). We use an overlapping generations model with external increasing returns to scale, where...
Persistent link: https://www.econbiz.de/10011339688
We explore the effect of historical ethnic borders on contemporary conflict in Africa. We document that both the intensive and extensive margins of contemporary conflict are higher close to historical ethnic borders. Exploiting variations across artificial regions within an ethnicity's...
Persistent link: https://www.econbiz.de/10012294782
I create a time series of weekly ratios of Google searches, in the US, on buying and selling in the Real Estate Category of Google Trends. I call this ratio the Google US Housing Market BUSE Index or simply the BUSE index. It expresses the number of "buy"-searches for each "sell"-search which,...
Persistent link: https://www.econbiz.de/10011348297
In a bold and risky political move the Greek prime minister Alexis Tsipras called for a referendum on June 27 2015 quitting ongoing negotiations with Greece's creditors in Brussels. The referendum framed as a yes or no question asked the Greek voters to decide whether or not they approve or...
Persistent link: https://www.econbiz.de/10011407828