Showing 1 - 10 of 147
world, country and local market, or only to the enterprise. While innovation new to the enterprise may be only capturing the … ability of an enterprise to use and adopt new knowledge, it is also a precondition for economic growth and development …
Persistent link: https://www.econbiz.de/10009475915
This dissertation picks the influence of proximity on the innovative behavior of firms out as a central theme. We … concentrate on geographical and technological proximity and investigate their impact on learning through knowledge spillovers and …
Persistent link: https://www.econbiz.de/10009452645
of the single-equation formulations. We provide extensions to existing results on the properties of GMM estimators and … parameters are weakly identified and the GMM estimators are inconsistent and biased in the direction of OLS.We also ¯nd the OLS …
Persistent link: https://www.econbiz.de/10009441413
The availability of a unique data set of financially distressed firms enabled this study to apply the dynamic capital structure adjustment model to a study of capital structure. In addition, the factors driving capital structure adjustment of financially distressed and of healthy firms were...
Persistent link: https://www.econbiz.de/10009441702
Since 2004 there has been a sharp decrease in border protection for the EU rice industry. Because the EU grants trade preferences to a considerable number of rice exporting developing countries, the reform implied preference erosion as well. By addressing the impact of preference erosion on...
Persistent link: https://www.econbiz.de/10009442292
The link between investment and finance usually enters the empirical literature in the form of financial constraints which are defined as the wedge between the costs of internal and external finance or as the risk of being rationed on the credit market. In this context, the sensitivity of...
Persistent link: https://www.econbiz.de/10009442380
Using a unique micro dataset and advanced panel models, this study examines the effects of demand shocks on grocery retail price for avocados, a key Californian fresh produce commodity. Retail prices for avocados exhibited countercyclical movements over seasonal demand shocks for avocados...
Persistent link: https://www.econbiz.de/10009443278
Germany is the second important coffee market in the world, just overshadowed by the United States. Coffee is the most …
Persistent link: https://www.econbiz.de/10009443821
was based on a dynamic system GMM modeling framework. The empirical results suggest that IPR has a weak negative effect on …
Persistent link: https://www.econbiz.de/10009444727
moments (GMM) has been a popular technique for estimation and inference relating to continuous-time models of the short …-term interest rate. GMM has been widely employed to estimate model parameters and to assess the goodness-of-fit of competing short …-rate specifications. The current paper conducts a series of simulation experiments to document the bias and precision of GMM estimates of …
Persistent link: https://www.econbiz.de/10009448412