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positive externalities. Without subsidization, so the story reads, there would be an underinvestment in higher education. This … paper shortly reviews theoretical arguments as well as empirical evidence on externalities. It is found that evidence on … positive externalities is quite limited. What is more, evidence on negative externalities of higher education has been mainly …
Persistent link: https://www.econbiz.de/10010338372
The present study calculates variable, cross-sectional as well as longitudinal equivalence scales on the basis of the German 1984-2010 Socio-Economic Panel (SOEP) database for West Germany. It follows the "individual variant" for calculating subjective equivalence scales using "life...
Persistent link: https://www.econbiz.de/10010128357
This paper investigates the effect of market size on innovation activities across different durable good industries in the Chinese manufacturing sector. We use a potential market size measure driven only by changes in the Chinese income distribution which is exogenous to changes in prices and...
Persistent link: https://www.econbiz.de/10010338977
less employment is in low-productivity plants after decentralisation than before, but the correlation between industry wage …
Persistent link: https://www.econbiz.de/10011572056
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