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Timing of investments and third degree price discrimination in intermediate good markets

Li, Youping - In: Economics Letters 121 (2013) 2, pp. 316-320

This paper studies the discriminatory pricing of an intermediate good and compares two models with a different timing of investments undertaken by the downstream firms, before or after the upstream monopolist sets the input prices. When the more efficient downstream firm is charged a higher...

Persistent link: https://www.econbiz.de/10010709090

A dynamic model of patent portfolio races

Denicolò, Vincenzo; Zanchettin, Piercarlo - In: Economics Letters 117 (2012) 3, pp. 924-927

We propose a dynamic model of a patent portfolio race in an industry in which innovation is incremental. Two firms compete in prices and in research. We study the Markov perfect (closed-loop) equilibrium of the resulting differential game, identifying a steady state in which firms compete neck...

Persistent link: https://www.econbiz.de/10011041840

A model for assessing the contribution of innovative SMEs to economic growth: The intangible approach

González-Loureiro, Miguel; Pita-Castelo, Jose - In: Economics Letters 116 (2012) 3, pp. 312-315

Three components govern the impact of intangible management on the growth of SMEs: human, structural and relational … not satisfy the needs of SMEs fully. …

Persistent link: https://www.econbiz.de/10011041770

Class-size effects in Japanese schools: A spline regression approach

Hojo, Masakazu - In: Economics Letters 120 (2013) 3, pp. 583-587

This study introduces a piecewise-linear relationship between student achievement and class size. Using student-level data from Japan, we find that piecewise-linear specifications clearly show a better fit to the data. We also find that a significant class-size effect is observed in the lower...

Persistent link: https://www.econbiz.de/10010681754

A note on the effect of education on religiosity

Javier Arias-Vazquez, F. - In: Economics Letters 117 (2012) 3, pp. 895-897

In this note I present a novel finding on the relationship between education and religion in the US. I estimate the … effect of education on religiosity using two alternative data sources and complementary identification strategies. My … findings are conclusive. Contrary to the previously established positive correlation between formal education and religiosity …

Persistent link: https://www.econbiz.de/10010594102

Education, borrowing constraints and growth

Kitaura, Koji - In: Economics Letters 116 (2012) 3, pp. 575-578

This paper studies the effects of educational borrowing constraints on economic growth and welfare. We consider a three-period-lived overlapping generations model in which individuals finance their educational expenditures by borrowing. We show that if the elasticity of human capital to...

Persistent link: https://www.econbiz.de/10010594191

From unemployed to entrepreneur: The role of the absolute bequest motive

Faria, João Ricardo; Wu, Zhongmin - In: Economics Letters 114 (2012) 1, pp. 120-123

Using the British Household Panel Survey, this paper finds that inheritance has a concave effect on the hours worked by male entrepreneurs. Receiving an inheritance increases the labor supply of unemployed male entrepreneurs; however this effect becomes smaller for higher inheritances.

Persistent link: https://www.econbiz.de/10010597182

Public sector decentralization and school performance: International evidence

Falch, Torberg; Fischer, Justina A.V. - In: Economics Letters 114 (2012) 3, pp. 276-279

Using a panel of international student test scores 1980–2000 (PISA and TIMSS), panel fixed effects estimates suggest that government spending decentralization is conducive to student performance. The effect does not appear to be mediated through levels of educational spending.

Persistent link: https://www.econbiz.de/10010576406

The intergenerational transmission of education: Evidence from Taiwanese adoptions

Tsou, Meng-Wen; Liu, Jin-Tan; Hammitt, James K. - In: Economics Letters 115 (2012) 1, pp. 134-136

from Taiwan. Using birth-parents’ education to help control for selective placement of children with adoptive parents, we …

Persistent link: https://www.econbiz.de/10010576484

Urbanization, human capital, and cross-country productivity differences

Kumar, Alok; Kober, Brianne - In: Economics Letters 117 (2012) 1, pp. 14-17

In this paper, we empirically examine the effects of health, education, and urbanization on the total factor … mortality rate, and the risk of malaria) significantly affect TFP. Education has an insignificant effect on TFP. Coefficients of …

Persistent link: https://www.econbiz.de/10010580513

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