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Although there is a host of literature on the locational choice of traditional economy firms, relatively little is known about the locational needs and preferences of new economy firms. Therefore, the current paper provides an empirical analysis of the factors determining the regional...
Persistent link: https://www.econbiz.de/10010265411
Using dynamic panel estimations, this paper identifies driving forces of venture capital activity for Western European countries. Driving forces might be the liquidity of stock markets, human capital endowment, and labour market rigidities. The paper shows that these factors do not affect...
Persistent link: https://www.econbiz.de/10010260433
This paper analyses the link between venture capitalists' sources of funds, such as banks and pension funds, and the specialization pattern of venture capital investments in particular industries and particular stages of enterprises' development. Based on a panel data set of Western European...
Persistent link: https://www.econbiz.de/10010260480
This paper investigates whether Japanese people were happy and unhappy with the general election conducted on September 11, 2005, in which the Prime Minister, Koizumi, won a landslide victory. We conducted a large survey just after the election to ask people how happy they were and which party...
Persistent link: https://www.econbiz.de/10010332230
), describe and evaluate the past and present structure of personal taxes in Japan, and based on our findings, make a number of … policy recommendations about how to reform personal taxes in Japan. We find that the structure of Japan's current consumption … improves both the efficiency and equity of Japan's personal taxes and, at the same time, achieves fiscal reconstruction. …
Persistent link: https://www.econbiz.de/10010332244
Ever since the classical works of Smith and Veblen, economists have recognized that individuals care about their relative positions and status in addition to their own consumption. This paper addresses a new framework of choice experiments in order to specify the shape of utility function with...
Persistent link: https://www.econbiz.de/10010332299
confirmed. Moreover, an awareness of appropriate alcohol consumption supports the sixth strategy of the Health Japan 21 policy …
Persistent link: https://www.econbiz.de/10010332336
Based on a panel data set of Japanese manufacturing firms in research-intensive industries, we investigate quantitatively the extent to which debt outstandings in the 90s affected the firm's R&D activities. We find that massive debt outstandings had significantly negative effect on R&D...
Persistent link: https://www.econbiz.de/10010332359
Japan, we find that private consumption has been relatively stagnant during the 2002-07 period and that the stagnation of …
Persistent link: https://www.econbiz.de/10010332369
In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some … survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of … that this model is highly applicable in the case of Japan. …
Persistent link: https://www.econbiz.de/10010332389