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information is shared, externalities arise. The standard conditions for the two fundamental welfare theorems, thus, implicitly …
Persistent link: https://www.econbiz.de/10012520083
information is shared, externalities arise. The standard conditions for the two fundamental welfare theorems, thus, implicitly …
Persistent link: https://www.econbiz.de/10012875989
firm productivity, controlling for localization economies and human capital externalities. We find that productivity …
Persistent link: https://www.econbiz.de/10011524744
Using the method of Caballero and Lyons (1990, 1992), I examine detailed Swedish manufacturing firm-level data on output and factor inputs from 1979 through 1994. Panel regressions show that an increase in aggregate output and inputs appears to raise individual firms production beyond private...
Persistent link: https://www.econbiz.de/10011584498
This paper studies the impact of size on labor cost and productivity for Italian manufacturing firms. The distributions of both labor cost and productivity display a wide support, even when disaggregated by sector of industrial activity. Further, both labor cost and productivity, when considered...
Persistent link: https://www.econbiz.de/10009702303
This paper studies the impact of size on labor cost and productivity for Italian manufacturing firms. The distributions of both labor cost and productivity display a wide support, even when disaggregated by sector of industrial activity. Further, both labor cost and productivity, when considered...
Persistent link: https://www.econbiz.de/10011730395
Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings/investments and composite indexes. All these alternatives turn...
Persistent link: https://www.econbiz.de/10010430649
projects and their externalities. We demonstrate our approach for the Mekong River incorporating expert hydrological knowledge …
Persistent link: https://www.econbiz.de/10011556226
In the absence of externalities, marginality is equivalent to an independence property that rests on Harsanyi … and independence for games with externalities. We measure a player‘s contribution in an embedded coalition by the change …. The introduced method also allows us to investigate egalitarian solutions and to reveal how accounting for externalities …
Persistent link: https://www.econbiz.de/10012010357
Carbon leakage is one of the major issues facing policymakers today when designing environmental regulation. While the empirical and trade literature on carbon leakage is rich, much less is known about the implications of carbon leakage risk on optimal regulatory policies under asymmetric...
Persistent link: https://www.econbiz.de/10014389026