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Export market exit and firm survival: Theory and first evidence
Hiller, Sanne; Schröder, Philipp J. H.; Sørensen, Allan - 2013
This paper deploys a dynamic extension of the Melitz (2003) model to generate predictions on export market exit and firm survival in a setting where firms endogenously make exit decisions. The central driver of the model dynamics is the inclusion of exogenous economy wide technological progress....
Persistent link: https://www.econbiz.de/10010294475
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Interpreting productivity growth in the new economy: Some agnostic notes
Gundlach, Erich - 2001
The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However, the size of the estimated growth rate of total...
Persistent link: https://www.econbiz.de/10010277425
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Zeit für eine neue Industriepolitik? Positionspapier des Kieler Instituts für Weltwirtschaft (IfW) zum Entwurf einer Nationalen Industriestrategie 2030
Dohse, Dirk; Felbermayr, Gabriel; Görg, Holger; … - 2019
", der die Wohlstandsvorteile der Globalisierung gefährdet. Sie sehen die zurückhaltende Industriepolitik Deutschlands als …
Persistent link: https://www.econbiz.de/10011984944
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Relative wages, openness and skill-biased technological change
Görg, Holger; Strobl, Eric - 2002
Standard neo-classical trade theory predicts that trade liberalisation should cause a fall in wage inequality in … explanation for the increase in relative wages of skilled workers in Ghana. Estimates of a skilled worker relative demand equation … be indeed consistent with skill-biased technological change in Ghana. …
Persistent link: https://www.econbiz.de/10010265560
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Deciding about (de-)centralization of industrial policy: Delegation by a central authority vs. bargaining of regional governments
Morasch, Karl - 2003
Die europäische Kommission ist primärer Träger der Industriepolitik in der europäischen Union. Industriepolitische … Industriepolitik besser von einem zentralen Träger durchgeführt wird, der Spillovers internalisiert, oder von den regionalen … Industriepolitik regional oder durch eine zentrale Instanz durchgeführt werden soll. Interessanterweise schneidet bei Verhandlungen mit …
Persistent link: https://www.econbiz.de/10010300407
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Subsidizing national champions: an evolutionary perspective
Aubert, Cécile; Falck, Oliver; Heblich, Stephan - 2008
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10010264424
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Industrial policy and firm heterogeneity
Barros, Pedro P.; Nilssen, Tore - 1999
Our concern is with a firm-specific industrial policy. When R&D subsidies or taxes are differentiated among firms, the question arises which firms in an industry should receive such support. We analyze a situation where firms differ in their R&D technologies in two distinct ways: They differ...
Persistent link: https://www.econbiz.de/10010284291
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Dynamic Optimal Capital Structure and Technological Change
Lööf, Hans - 2003
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10010298124
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Task-Biased Changes of Employment and Remuneration: The Case of Occupations
Kampelmann, Stephan; Rycx, Francois - 2011
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that...
Persistent link: https://www.econbiz.de/10011601006
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On the rise of health spending and longevity
Fonseca, Raquel; Michaud, Pierre-Carl; Galama, Titus; … - 2009
We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...
Persistent link: https://www.econbiz.de/10010269651