Based on the aggregation of individual willingness-to-pay for a statistical life, we calibrate an intertemporal optimization model to determine the aggregate welfare losses from HIV/AIDS in 25 Eastern European countries. Assuming a discount rate of three percent, we find a total welfare loss for...

This paper focuses on the role of absorptive capacity in determining whether or not domestic firms benefit from productivity spillovers from FDI using establishment level data for the UK. We allow for different effects of FDI on establishments located at different quantiles of the productivity...

Since 1997 the Hong Kong (HK) government has markedly changed its role from being a mere institution provider to being an active innovation promoter. As such, it has actively implemented innovation policies that focus especially on creating new funding opportunities and establishing several R&D...

Es wird vielfach vermutet, daß die Software-Industrie von starken Netzwerkeffekten geprägt ist. Doch wie hoch sind die Netzwerkeffekte wirklich? Für die Messung der Netzwerkeffekte bietet sich der hedonische Preisansatz an. Zwei Anwendungen des hedonischen Preisansatzes in der...

This paper analyses academia-industry linkages of the Hong Kong (HK) electronics small- and medium-sized enterprises (SMEs) and investigates the role of active innovation policies in this regard. It uses data collected from a questionnaire survey in HK, focusing on three main academia-industry...

Eastern Europe is in the midst of a radical change. In order to increase the chances of success of their Perestroika, the reformers, especially those from Hungary, Poland and the Soviet Union, are striving for closer links between their countries and the economically-advanced Western , Europe....

Die politischen und wirtschaftlichen Reformen im ost- und mitteleuropäischen Raum haben auch das Verhältnis der Länder des Rates für Gegenseitige Wirtschaftshilfe (RGW) zu den Europäischen Gemeinschaften (EG) grundlegend verändert. Vor dem Abschluß der Verträge von Rom hatte die...

The integration of the central and eastern European countries into the international capital markets has been and will be determined by the process of European Union (EU) integration. Our analysis shows that southern and eastern European countries already appear to be surprisingly similar...

Human trafficking is a humanitarian problem of global scale, but quantitative research on the issue barely exists. This paper is a first attempt to explore the economic drivers of human trafficking and migrant exploitation using micro data. We argue that migration pressure combined with informal...