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Equilibrium wage arrears : a theoretical and empirical analysis of institutional lock-in
Earle, John S.; Sabirianova Peter, Klara - 2000
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
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Privatization and productivity in Romanian industry : evidence from a comprehensive enterprise panel
Earle, John S.; Telegdy, Álmos - 2001
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to describe the post-privatization ownership structure and...
Persistent link: https://www.econbiz.de/10011402871
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Methods of privatization and economic growth in transition economies
Bennett, John (contributor); Estrin, Saul (contributor);  … - 2006
Dynamic panel data methods are used to estimate a growth model using data from 23 transition countries for the period … and other factors potentially relevant to growth in transition economies. It is found that ‘mass privatization’ is … structure and the speed with which the links between the state and firms were severed. -- Privatization ; transition economies …
Persistent link: https://www.econbiz.de/10003342122
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Intention to emigrate in transition countries : the case of Albania
Papapanagos, Harry; Sanfey, Peter - 1998
We analyse the profile of potential emigrants from Albania using data from the Central and Eastern Europe Eurobarometer in 1992. Respondents were asked to rate on a four-point scale the likelihood that they would go to Western Europe to live and work. Our results show that the intention to...
Persistent link: https://www.econbiz.de/10011529663
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Testing the easterlin hypothesis with panel data : the dynamic relationship between life satisfaction and economic growth in Germany and the UK
Pfaff, Tobias; Hirata, Johannes - 2013 - This version: February, 2013
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross-section but not over time) on a global level. We make a case for testing the Easterlin hypothesis at the country level where individual panel data allow exploiting important...
Persistent link: https://www.econbiz.de/10009747819
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EU membership and economic growth : empirical evidence for the CEE countries
Rapacki, Ryszard; Prochniak, Mariusz - In: European journal of comparative economics 16 (2019) 1, pp. 3-40
This article aims to answer the question of whether a membership in the European Union contributed to an accelerated economic growth of eleven Central and Eastern European (CEE or EU11) countries, including their real convergence to the economic development level of Western Europe (EU15). The...
Persistent link: https://www.econbiz.de/10012259712
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Re-examining the debt-growth nexus : a grouped fixed-effect approach
Gómez Puig, Marta; Sosvilla-Rivero, Simón; … - 2019
This paper uses panel data for 116 countries over the period 1995-2016 to investigate the heterogeneity of the debt-growth nexus across countries and the factors underlying it. In the first step, the grouped fixed effects (GFE) estimator proposed by Bonhomme and Manresa (2015) is used to...
Persistent link: https://www.econbiz.de/10012024045
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Trends in the relation between regional convergence and economic growth in EU
Albu, Lucian-Liviu - 2016
The purpose of this study is to investigate the relation between regional convergence inside of countries in EU and overall economic growth, and, based on it, to establish some relevant behavioural regimes. As data sources we are using the available dataset NUTS 2 from EUROSAT for the period...
Persistent link: https://www.econbiz.de/10011866850
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Entrepreneurial activity and economic growth : a dynamic data panel analysis of European countries
Gomes, Sofia; Ferreira, Pedro - In: Entrepreneurial business and economics review : EBER 10 (2022) 2, pp. 7-20
Objective: The goal of this article is to analyse the impact of different measures of entrepreneurial activity, namely through attitudes and behaviour, on the economic growth of 21 European countries. The goal is to assess the impact of entrepreneurial activity, measured by perceived...
Persistent link: https://www.econbiz.de/10013336383
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The complex relationship between international tourism demand and economic growth : an analysis on Central and Eastern European economies
Bădulescu, Alina; Bădulescu, Daniel; Simuț, Ramona - In: Amfiteatru economic : an economic and business research … 20 (2018) 12, pp. 935-950
Tourism is widely considered as driver for economic growth, and the "tourism-led-growth hypothesis" is often investigated in the literature. However, there is very limited literature examining how economic growth impacts tourism, an impact which is usually tacitly accepted, without being...
Persistent link: https://www.econbiz.de/10014474884