In this paper we explore the hypothesis of spatial effects in the distribution of ForeignDirect Investments (FDI) across Russian regions. We make use of a model, whichdescribes FDI inflows as resulting from an agglomeration effect (the level of FDI in agiven region depends positively on the...

Clusters are systems of localised economic activity and innovation. This report reviews current evidence on clustersand develops policy recommendations for the UK. It argues that clusters include multiple firms from related sectorsthat are co-located within a web of complex linkages and a...

Dieses Diskussionspapier basiert auf einer Studie für das Stadtplanungsamt der Stadt Dresden.

... Es wird der Frage nachgegangen, ob durch die räumliche Konzentration von FuE und Innovationsaktivitäten Synergieeffekte ausgelöst werden,die von den Zentren als Innovations- und Wachstumspole auf die Peripherie des Landes ausstrahlen.

This paper discusses the paper "The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions" by Neville Francis and Valerie A. Ramey. It argues that these authors have made great progress both in the precise measurement of labor input as well as determining the effect...

This paper examines to what extent recent empirical evidence can collectively andsystematically substantiate the claim that entrepreneurship has important economic value.Hence, a systematic review is provided that answers the question: What is the contribution ofentrepreneurs to the economy in...

On 30th October 2003, at a joint Forum of the Advanced Institute of Management Research (AIM) and the Councilfor Industry and Higher Education (CIHE) academics, practitioners and policy makers discussed dimensions of theUK’s skills challenge. This report, which summarises the discussions that...

Considering Cournot competition, this note shows that, if the firms differ inlabor productivities, the equilibrium wage rates under a centralized labor union are notindependent of the number of firms and product differentiation if the labor unioncharges a uniform wage rate. However, if the...

[...]As we documented in a longer version of this paper (Triplettand Bosworth forthcoming), labor productivity growth in theservices industries after 1995 was a broad acceleration, not justconfined to one or two industries, as has sometimes beensupposed. Using the 1977-95 period as the base, we...