We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...

The Libyan economy relies heavily on increasing oil revenues, which may deteriorate with a future oil price decline. The Libyan economy performed as well as resource poor countries over the past few decades. The oil booms of 1973 and 1979 brought unprecedented income to Libya but, despite the...

The identification of factors that affect the performance of temporary multi disciplinary organisational teams has been a central aim of management research in the construction industry for over 40 years. This study contributes to what is known about the formation of a construction project...

Forecasting and inventory control for intermittent demand items has been a major problem in the manufacturing and supply environment. Croston (Operational Research Quarterly 23 (1972) 289), proposed a method according to which intermittent demand estimates can be built from constituent events....

We use regression methods to predict the expected monthly return on stocks and the covariance matrix of returns, the predictor variables being a company's ‘fundamentals’, such as dividend yield and the history of previous returns. Predictions are evaluated out of sample for shares traded on...

The thesis collects four essays in the fields of competition and innovation economics. In chapter 1, we review the recent growth literature that analyses the effects of product market competition on growth. Contrary to the negative effect predicted by the early endogenous growth models, this...

Chapter 1 introduces the thesis providing an overview of the common themes and methods underlying this research. Chapter 2 reports an experiment that examines the characteristics of effective leaders in a leader-follower voluntary contributions game. We focus on two factors: leaders’...

The evaluation of economic forecasts is a substantial and important aspect of economic research, and a considerable part of such evaluation is performed by comparing competing forecasts. This thesis focuses on the development of statistical procedures in order that reliable comparison of...

Intellectual property (IP) regimes serve dual purposes: to provide incentives for the generation and commercialization of innovations and to foster dissemination and use of knowledge. An IP regime alone cannot maximize these two objectives simultaneously. After all, IP establishes incentives to...