As scientists and policymakers tend to interpret changes in the economy as a trend towards an increasingly knowledge-based economy, their recommendations and strategies for regional economic development frequently contain elements how to intensify the knowledge flows in the region concerned....

Indonesia's fresh milk production is only able to fulfil 22% of national milk demands. With growing milk consumption and the national target of fulfilling at least 60% of national demands from domestic production by 2025, boosting the productivity of dairy farms becomes important. This requires...

Based on unique primary surveys, we study dairy transformation processes in East Africa, specifically in Ethiopia and Uganda. Evidence on transformation and differential paths followed in doing so in these countries is often limited due to a lack of data. We note significant changes in the dairy...

This paper investigates whether an inefficient allocation of abatement, due to constraints on the use of currently available low carbon mitigation options, can promote innovation in new technologies and eventually generate welfare gains. We focus on the case of nuclear power phase out, when...

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....

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...

In this paper we are going to analyze the dynamics of barriers to entry at the international level. In our model economic development takes place and continues in the long run due to the emergence of new sectors, which can compensate for the diminishing ability of mature sectors to create...