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Forecasting Aggregate Productivity Using Information from Firm-Level Data
Bartelsman, Eric J. - 2017
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10012976846
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Forecasting Aggregate Productivity using Information from Firm-Level Data
Bartelsman, Eric J.; Wolf, Zoltan - 2009
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10010325710
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A meta-analysis of the total economic impact of climate change
Tol, Richard S.J. - 2022
Earlier meta-analyses of the economic impact of climate change are updated with more data, with three new results: (1) The central estimate of the economic impact of global warming is always negative. (2) The confidence interval about the estimates is much wider. (3) Elicitation methods are most...
Persistent link: https://www.econbiz.de/10013356512
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Hybrid R&D
Goyal, Sanjeev; Konovalov, Alexander; Moraga, Jose Luis - 2003
We develop a model of R&D collaboration in which individual firms carry out in-house research on core activities and undertake bilateral joint projects on non-core activities with other firms. We develop conditions on the profit functions of the firm under which R&D investments in different...
Persistent link: https://www.econbiz.de/10010324930
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Pros and Cons of ‘Backing Winners’ in Innovation Policy
den Butter, Frank A.G.; Jo, Seung-gyu - 2009
In the economics profession there is a fierce debate whether industrial and innovation policy should be targeted to specific sectors or firms. This paper discusses the welfare effects of such targeted policies from the perspective of strategic game theory of the firm. A theoretical case for...
Persistent link: https://www.econbiz.de/10010325795
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On the Effects of Suggested Prices in Gasoline Markets
Faber, Riemer P. - 2009
This article analyzes the role of suggested prices in the Dutch retail market for gasoline. Suggested prices are announced by large oil companies with the suggestion that retailers follow them. There are at least two competing rationales for the existence of suggested prices: they may either...
Persistent link: https://www.econbiz.de/10012720089
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Dynamic Efficiency of Product Market Competition : Cournot versus Bertrand
Hinloopen, Jeroen; Vandekerckhove, Jan - 2008
We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest in process R&D. Under Cournot competition firms always invest more in R&D than under Bertrand competition. More importantly, Cournot competition yields lower prices than...
Persistent link: https://www.econbiz.de/10014221104
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Intergenerational Spillovers in Disability Insurance
Dahl, Gordon B.; Gielen, Anne C. - 2018
Does participation in a social assistance program by parents have spillovers on their children's own participation, future labor market attachment, and human capital investments? While intergenerational concerns have figured prominently in policy debates for decades, causal evidence is scarce...
Persistent link: https://www.econbiz.de/10014033817
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Tracing the Changing Measures of Unemployment in Dutch Unemployment Statistics 1900-1940
Rodenburg, Peter - 2001
In the period before the second World War, the Dutch Bureau of Statistics had developed two sets of indicators ofunemployment in the Netherlands. One was based on statistical data of unemployment insurance funds of tradeunions and the other one on statistical data of labour exchanges. This paper...
Persistent link: https://www.econbiz.de/10010324761
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Models as Measuring Instruments
Rodenburg, Peter - 2004
- provided the models is calibrated - this suffice for measurement. This paper explores this construction of a measuring device … in models by analysing the measurement of duration dependence of unemployment. Since search theory can’t be made … measurement to take place by modelling behaviour according to some assumptions, which operate as constraints. While this Weibull …
Persistent link: https://www.econbiz.de/10010325381