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The Impact of Competition on Macroeconomic Performance

Aiginger, Karl - 2008

This paper investigates to which extent tough competition impacts on the macroeconomic performance of countries. The … relation between competition and innovation has been investigated intensely in industrial economics. It started with Schumpeter … highest for medium-range competition, but lower for very tough competition as well as for a very lax competitive regime …

Persistent link: https://www.econbiz.de/10011435235

Benefits and spillovers of greater competition in Europe: A macroeconomic assessment

Bayoumi, Tamim; Laxton, Douglas; Pesenti, Paolo - 2004

We estimate the macroeconomic benefits and international spillovers of an increase in competition using a general …-equilibrium simulation model with nominal rigidities and monopolistic competition in product and labor markets. We draw three conclusions … after calibrating the model to the euro area against the rest of the industrial world. First, greater competition produces …

Persistent link: https://www.econbiz.de/10010283416

Banks, markets, and efficiency

Fecht, Falko; Martin, Antoine - 2005

financial system in which there is intense competition among banks for private households' funds. Following earlier work by … contracts is restrained by households' financial market access. However, we also assume spatial monopolistic competition among … monopoly rents also entails a positive effect; however, this beneficial effect is only relevant if competition among banks does …

Persistent link: https://www.econbiz.de/10010283333

The Impact of Technological Change and Lifestyles on the Energy Demand of Households. A Combination of Aggregate and Individual Household Analysis

Kratena, Kurt; Meyer, Ina; Wüger, Michael - 2009

This paper deals with integrating technology as well as lifestyles as driving forces of energy demand into a model of total private consumption. Private consumption is determined by economic variables like income and prices as well as these other factors. Technology is represented by variables...

Persistent link: https://www.econbiz.de/10011435255

Ökonomische, technologische und soziodemographische Einflussfaktoren der Energienachfrage

Kratena, Kurt; Meyer, Ina; Wüger, Michael - 2009

Lange hat sich die ökonomische Literatur auf die negativen Umweltauswirkungen von Produktionsprozessen konzentriert. Im Gegensatz dazu steht die Untersuchung der klimarelevanten Energienachfrage der privaten Haushalte im Mittelpunkt dieser Untersuchung. Um der Vielschichtigkeit der...

Persistent link: https://www.econbiz.de/10011435257

Is the R&D Behaviour of Fast Growing SMEs Different? Evidence from CIS III Data for 16 Countries

Hölzl, Werner - 2008

This paper studies the R&D behaviour of fast growing SMEs using CIS III data for 16 countries. We group the countries into three groups that roughly have the same position in technological development. The first finding is that R&D is more important to high growth SMEs in countries that are...

Persistent link: https://www.econbiz.de/10011435259

Innovation Barriers across Firms and Countries

Hölzl, Werner; Janger, Jürgen - 2012

This paper studies differences in the perception of innovation barriers between innovative and non-innovative firms for 18 EU countries. The countries are grouped by their distance to the technological frontier using Community Innovation Surveys for the years 2002-2004 and 2004-2006. The results...

Persistent link: https://www.econbiz.de/10011435370

Should Higher Education Students Pay Tuiton Fees?

Biffl, Gudrun; Isaac, Joseph E. - 2001

Persistent link: https://www.econbiz.de/10011435099

Finance-Growth Nexus and the P-Bias. Evidence from OECD Countries

Hahn, Franz R. - 2004

Recent empirical OECD studies provide new empirical evidence confirming that financial development is closely linked to economic growth in OECD countries. Using new dynamic panel regression techniques, these appraisals indicate that within the group of high income countries stock market size as...

Persistent link: https://www.econbiz.de/10011435140

Finance-Growth Linkage and Risk Diversification. Evidence from OECD Countries

Hahn, Franz R. - 2006

Empirical evidence is increasingly emphasising the positive influence of financial markets on the level and the rate of growth of a country's per-capita income. Theoretically, the rationale for the finance-growth nexus appears to be straightforward: in imperfect economies, financial markets...

Persistent link: https://www.econbiz.de/10011435212