This paper discusses conceptual frameworks for measuring the effects of innovation policy and begins with applying conventional descriptive methods to explore how firms rate and rank the merits of public intervention. Based on survey data from some 1200 Austrian firms we then challenge the...

Sick workers in many countries receive sick pay during their illness-related absences from the workplace. In several countries, the social security system insures firms against their workers' sickness absences. However, this insurance may create moral hazard problems for firms, leading to the...

Much emphasis on the sectoral perspective in economics originates in the observation of the diverse and contingent nature of competitive behaviour, where a firm's performance depends on the capability to match its organisation and strategy to the technological, social and economic restrictions...

We provide evidence on the impact of globalisation on labour market outcomes analysing pay differences between foreign-acquired and domestically-owned firms. For this purpose, we use firm level data from 16 European countries over the time period 1999 to 2006. Applying propensity score matching...

The ROBINSON and MARSHALL-LERNER conditions are necessary and sufficient for a devaluation to be successful end are therefore the backbone of the elasticities approach to the balance of payments. These conditions are generalized by taking into account some actual features of modern foreign...

Austria is a country with a historically strong intervention of government. Specifically a large part of the manufacturing sector and electricity had been nationalized after world war II, combined with public ownership in telecommunication, transport and banking this created one of the largest...

The integration of European services markets and the associated deregulation measures open up formerly segmented markets to competition from the Single Market. The purpose of this study is to propose a method of measuring the effects of liberalization on technical efficiency, the existence of...