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Persistent link: https://www.econbiz.de/10014306480
This paper examines the integration of stock markets in Germany, France, Netherlands, Ireland and UK over January 1973-August 2008 at the aggregate market and industry level considering the following industries: basic materials, consumer goods, industrials, consumer services, health care and...
Persistent link: https://www.econbiz.de/10010291779
This paper examines the integration of stock markets in Germany, France, Netherlands, Ireland and UK over January 1973-August 2008 at the aggregate market and industry level considering the following industries: basic materials, consumer goods, industrials, consumer services, health care and...
Persistent link: https://www.econbiz.de/10010300155
This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence … catch up with technological leaders, in particular in terms of energy productivity. Moreover, the results show that …
Persistent link: https://www.econbiz.de/10010325188
technological change, by exploring trends in energy- and labour productivity development for 14 OECD countries and four sectors over … considerably to macroeconomic energy-productivity growth while in other countries they partly offset energy-efficiency improvements …. In contrast, structural changes only play a minor role in explaining macroeconomic labour-productivity developments. We …
Persistent link: https://www.econbiz.de/10010325213
increasingly common practice in the social sciences. As illustrated by detailed Dutch data on firm-level productivity, employment …
Persistent link: https://www.econbiz.de/10010326334
This paper presents an ex-post empirical analysis of the impact of European electricity mar- ket refirms on markups ofirms. The working hypothesis is that further economic integration would bring competition into electricity markets re ected by lower markups of electricityfirms. The results show...
Persistent link: https://www.econbiz.de/10010313396
In this briefly note we extend the Mountford.s article "Can a Brain Drain be good for growth in the source economy?" by introducing an active role of the government in the education decisions of the agent by public education, taxes and subsidies. First, we demonstrate that the main results...
Persistent link: https://www.econbiz.de/10011651546
corruption on productivity. Corruption is defined as a 'bribe tax' and is compared to another form of institutional inefficiency … their effects in the full sample, only the bribe tax appears to have a negative effect on firm-level productivity, while the … taxes, implying that bribing does not emerge as a second-best option to achieve higher productivity by helping circumvent …
Persistent link: https://www.econbiz.de/10010277457
. Aspects of behaviour and performance studied include total factor productivity, employment levels, investment behaviour and … profitability. On the whole, energy taxes increased total factor productivity and returns to capital but decreased employment, with …, with some industries losing out in terms of productivity and profitability when faced with increased energy taxes, while …
Persistent link: https://www.econbiz.de/10010277574