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entrants and analyze the factors underlying their creation and location at the county level. Our findings suggest it was the …
Persistent link: https://www.econbiz.de/10010327341
entrants and analyze the factors underlying their creation and location at the county level. Our findings suggest it was the …
Persistent link: https://www.econbiz.de/10011503585
Persistent link: https://www.econbiz.de/10013432653
protracted shakeout. Just five years earlier, the tire industry experienced a surge in entry that led to a rise of over 80% in … incorporate in a model of shakeouts. We test this theory and alternative explanations for the surge in entry and exit and the … feature in our theory. Our analysis suggests that the development of a new submarket can open up opportunities for entry but …
Persistent link: https://www.econbiz.de/10003923356
This paper investigates the causes of the shortfall in private R&D expenditure of the EU compared to the US. It shows that differences in the structure of the two economies play only a minor role in explaining the R&D gap. Instead, the European R&D shortfall is mainly caused by a negative...
Persistent link: https://www.econbiz.de/10010273763
This paper employs a probit model and a Markov switching model using information from the Conference Board Leading Indicator series to detect the turning points in four key US commercial rents series. We find that both the approaches based on the leading indicator have considerable power to...
Persistent link: https://www.econbiz.de/10013085201
In this report, we venture into the future of real estate markets and products. Our definition of "real estate" for this purpose is not limited to buildings—such as homes, apartments, hotels, retail malls, offices, factories, and warehouses. Our definition also includes the social...
Persistent link: https://www.econbiz.de/10012853125
Persistent link: https://www.econbiz.de/10012053226
is not markedly different than elsewhere. In line with previous studies, spinoffs of incumbents perform better than other … growth of spinoffs is greater the larger the size of their parent, which contrast sharply with findings for firms with a …
Persistent link: https://www.econbiz.de/10010320218
Persistent link: https://www.econbiz.de/10010505848