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This paper estimates the importance of network effects in the market for Yellow Pages. I estimate three simultaneous equations: consumer demand for usage of a directory, advertiser demand for advertising and a publisher's first-order condition (derived from profit-maximizing behavior)....
Persistent link: https://www.econbiz.de/10014120232
Foreign aid is given for a combination of economic, political, and humanitarian motives. While its impact on economic development in recipient countries has been the main focus of research recently, we concentrate on the question to what extent it also promotes donor countries’ exports. We...
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-specific datasets on German MNEs with varying equity stakes in Indian affiliates. The impact of firm characteristics on ownership shares … show that the effect of several characteristics differs between the establishment of new affiliates by German MNEs and … their engagement in already existing Indian firms. Most notably, the productivity of the German parents matters only for …
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Affiliates of German firms in Eastern Europe differ from those in the rest of the world. They have smaller sales and … they employ more labor. Labor productivity is thus lower than in affiliates of German firms elsewhere. Moreover … dominate. In this paper, we aim at explaining differences in the activities of German multinational firms in Eastern and …
Persistent link: https://www.econbiz.de/10003315497
and centers the impact of uncertainty. The results of a panel study using aggregates of 5379 German entries to 22 …
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