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Impact of Economic Crisis on Innovation Behaviour of Industrial Firms In Russia
Kuznetsov, Boris - 2013
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...
Persistent link: https://www.econbiz.de/10013082604
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ICT and Productivity Growth in Transition Economies: Two-Phase Convergence and Structural Reforms
Piatkowski, Marcin; Bart, van Ark - Volkswirtschaftliche Fakultät, … - 2005
FDI. In the second “expansionary” phase the sustained convergence has to rely more on productivity growth in sectors that …This paper investigates the role of information and communication technology (ICT) as a driver of improved productivity …. The paper investigates how, and to what extent, ICT contributed to a narrowing in the productivity gap. Although …
Persistent link: https://www.econbiz.de/10008869296
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Cause and cure of the crisis
Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2014
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
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Pension savings and economic growth
De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2012
Savers, including pension savers, convert savings into assets: homes,government bonds and shares.The conversion of savings is for the very long term. Once monies are turned into assets, the reverse process of turning assets into cash cannot be achieved by all savers together. Unavoidably some...
Persistent link: https://www.econbiz.de/10011111570
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Aggregate Productivity Loss and the Theil Index of Inequality
Aoki, Shuhei - Volkswirtschaftliche Fakultät, … - 2008
the relative loss of aggregate productivity caused by distortions in labor allocation. Moreover, the Theil index itself … can be interpreted approximately as the possible maximum loss of aggregate productivity caused by these distortions. …
Persistent link: https://www.econbiz.de/10005260299
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Inverse Ramsey Problem of the Resource Misallocation Effect on Aggregate Productivity
Shuhei, Aoki - Volkswirtschaftliche Fakultät, … - 2008
productivity (TFP) under resource misallocation, when frictions are modeled as the taxes levied on a firm's output, and the range …This paper examines the extent to and the conditions under which resource misallocation negatively affects aggregate … productivity in a model of heterogeneous firms to the highest degree. I analytically derive the minimum aggregate total factor …
Persistent link: https://www.econbiz.de/10005621454
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28 Months Later: How Inflation Targeters Outperformed Their Peers in the Great Recession
de Carvalho Filho, Irineu - Volkswirtschaftliche Fakultät, … - 2011
Twenty-eight months after the onset of the global financial crisis of August 2008, the evidence on post-crisis GDP growth emerging from a sample of 51 advanced and emerging countries is flattering for inflation targeting countries relative to their peers. The positive effect of IT is not...
Persistent link: https://www.econbiz.de/10008866129
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Lessons from the Great Recession: Need for a New Paradigm
Shaikh, Salman - Volkswirtschaftliche Fakultät, … - 2012
The ongoing sovereign debt crisis in Europe and U.S. is challenging the conventional wisdom and is creating fears of a double dip recession in 2012. Massive levels of debt and consumption beyond means and speedy financial innovation with lax regulation has put major economies in a deep hole....
Persistent link: https://www.econbiz.de/10011112745
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Socioeconomic Progress Across the Major Indian States : Converging or Diverging
Goli, Srinivas; Arokiasamy, P.; Reddy, Bheemeshwar - 2013
using convergence hypothesis. Earlier studies that examined regional disparities of development used per capita State Net … assessment of socioeconomic convergence in terms of critical indicators of economic inequality, poverty ratios, literacy rate and …, statistically significant absolute and conditional Beta (β)-convergence in literacy rates and HDI have been observed but only …
Persistent link: https://www.econbiz.de/10014154852
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Catching-Up and Club Convergence from Cross-National Perspective. A Statistical Study for the Period 1980-2010
Lechman, Ewa - 2014
“convergence clubs” in cross-national section. It implements a traditional analysis of convergence tracking the catching-up process …
Persistent link: https://www.econbiz.de/10014147302