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Is the elephant stepping on its trunk? : the problem of India's unbalanced growth

Douhan, Robin (contributor); Nordberg, Anders (contributor) - 2008

It is often assumed that recent success in the high-technology software industry will lead India's development. However, evidence suggest that basic manufacturing industry is stagnant. This paper proposes a mechanism that ties these two trends together. A big-push type of model, featuring...

Persistent link: https://www.econbiz.de/10003779683

Navigating the new normal : the European Union's changing stance on globalization in the era of trade conflicts

Sjöholm, Fredrik - 2023

The European Union (EU) is becoming more inward looking and more hesitant towards globalization. This paper examines recent transformations in EU's economic policies, with a focus on international trade and industrial policy. It argues that these changes reflect the EU's response to the evolving...

Persistent link: https://www.econbiz.de/10014283597

The return of borders in the world economy : an EU-perspective

Sjöholm, Fredrik - 2023

This paper examines the European Union's changing perspective on globalization, reflecting a shift from its traditionally open, rules-based trade policy. The rise of internal protectionist measures, coupled with increasing economic insularity in the US and China, are challenging this policy. The...

Persistent link: https://www.econbiz.de/10014313987

Freedom of expression and social conflict

Bjørnskov, Christian; Mchangama, Jacob - 2023

violence, enabling deliberation among different groups, and furthering the understanding and potential acceptance of … political institutions. In a large panel dataset, we find evidence of a negative association between the freedom of expression … institutions while the empirical association in autocracies is ambiguous. …

Persistent link: https://www.econbiz.de/10014391278

Does financial deregulation boost top incomes? : evidence from the Big Bang

Tanndal, Julia; Waldenström, Daniel - 2016

This study estimates the impact of financial deregulation on top income shares. Using the novel econometric method of constructing synthetic control groups, we show that the "Big Bang"-deregulations in the United Kingdom in 1986 and Japan 1997-1999 increased the share of pre-tax incomes going to...

Persistent link: https://www.econbiz.de/10011436654

What aspects of society affect the quality of life of a minority? : global evidence from the new Gay Happiness Index

Berggren, Niclas; Bjørnskov, Christian; Nilsson, Therese - 2015

important to look at minority-specific effects of policies and institutions and not solely at the effects for the average … citizen, as well as the transmission mechanisms through which policies and institutions affect life satisfaction. We find that …

Persistent link: https://www.econbiz.de/10011410468

Two sides to the evasion : The Pirate Bay and the interdependencies of evasive entrepreneurship

Elert, Niklas; Henrekson, Magnus; Lundblad, Joakim - 2016

Evasive entrepreneurs innovate by circumventing or disrupting existing formal institutional frameworks by evading them. Since such evasions rarely go unnoticed, they usually lead to responses from lawmakers and regulators. We introduce a conceptual model to illustrate and map the interdependence...

Persistent link: https://www.econbiz.de/10011420647

Stock option taxation and venture capital activity : a cross-country comparison

Henrekson, Magnus; Sanandaji, Tino - 2016

One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...

Persistent link: https://www.econbiz.de/10011420651

Did Africa's first choices matter? : growth legacies of leaders at independence

Jørgensen, Christina Mangaard; Bjørnskov, Christian - 2015

We explore the potential effects of the first leaders of Sub-Saharan Africa. We first outline a set of theoretical reasons for why leaders may matter particularly at the critical juncture of African independence and why this influence may be persistent. In an unbalanced panel from 40 African...

Persistent link: https://www.econbiz.de/10011346680

Collaborative innovation blocs and antifragility

Elert, Niklas; Henrekson, Magnus - 2019

We present the theory of the collaborative innovation bloc (CIB), an evolving system of innovation within which activity takes place over time. We show how the application of the CIB perspective can help make institutional and evolutionary economics more concrete, relevant, and persuasive,...

Persistent link: https://www.econbiz.de/10012133117