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Industrialization Lessons from BRICS: A Comparative Analysis
Naudé, Wim; Szirmai, Adam; Lavopa, Alejandro - Institute for the Study of Labor (IZA) - 2013
To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the...
Persistent link: https://www.econbiz.de/10010884080
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The Radical Innovation Investment Decision Refined
Bilkic, Natasa; Gries, Thomas; Naudé, Wim - Institute for the Study of Labor (IZA) - 2013
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …
Persistent link: https://www.econbiz.de/10010791525
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The Consequences of Radical Reform: The French Revolution
Acemoglu, Daron; Johnson, Simon; Robinson, James Alan; … - National Bureau of Economic Research (NBER) - 2009
The French Revolution of 1789 had a momentous impact on neighboring countries. The French Revolutionary armies during the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various radical institutional changes. French invasion removed the...
Persistent link: https://www.econbiz.de/10005774879
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Income and Health Spending: Evidence from Oil Price Shocks
Acemoglu, Daron; Finkelstein, Amy; Notowidigdo, Matthew J. - C.E.P.R. Discussion Papers - 2009
through induced innovation. Our overall reading of the evidence is that rising income is unlikely to be a major driver of the …
Persistent link: https://www.econbiz.de/10005662110
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Income and Health Spending: Evidence from Oil Price Shocks
Acemoglu, Daron; Finkelstein, Amy; Notowidigdo, Matthew J. - In: The Review of Economics and Statistics 95 (2013) 4, pp. 1079-1095
the Massachusetts Institute of Technology. …
Persistent link: https://www.econbiz.de/10010699913
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Vertical Integration and Technology: Theory and Evidence
Acemoglu, Daron; Aghion, Philippe; Griffith, Rachel; … - C.E.P.R. Discussion Papers - 2005
relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …
Persistent link: https://www.econbiz.de/10005123944
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Vertical Integration and Technology: Theory and Evidence
Acemoglu, Daron; Aghion, Philippe; Griffith, Rachel; … - Institut für Volkswirtschaftslehre, … - 2007
relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …
Persistent link: https://www.econbiz.de/10005628007
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Entrepreneurship, stages of development, and industrialization
Ács, Zoltan J.; Naudé, Wim - United Nations University-Maastricht Economic Research … - 2012
Unlike in the past where industrial policy was either focused on creation and growth of state-owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be...
Persistent link: https://www.econbiz.de/10010856410
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Entrepreneurship and Economic Development: Theory, Evidence and Policy
Naudé, Wim - Institute for the Study of Labor (IZA) - 2013
This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...
Persistent link: https://www.econbiz.de/10010884187
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Skill Variety, Innovation and New Business Formation
Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - Institute for the Study of Labor (IZA) - 2014
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010884235