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A perfectly competitive economy is an economy without welfare relevant endogenous learning
Nyborg, Karine - 2021
information is shared, externalities arise. The standard conditions for the two fundamental welfare theorems, thus, implicitly …
Persistent link: https://www.econbiz.de/10012520083
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A perfectly competitive economy is an economy without welfare relevant endogenous learning
Nyborg, Karine - 2021
information is shared, externalities arise. The standard conditions for the two fundamental welfare theorems, thus, implicitly …
Persistent link: https://www.econbiz.de/10012875989
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External economies at the firm level : evidence from Swedish manufacturing
Lindström, Tomas - 1999
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
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Dynamics of productivity and cost of labor in Italian manufacturing firms
Bottazzi, Giulio; Grazzi, Marco - 2013
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
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Do KIBS make manufacturing more innovative? : an empirical investigation for four European countries
Ciriaci, Daria; Montresor, Sandro; De Palma, Daniela - 2013
- France, Germany, Italy and the UK - spanning from the mid-90s to the mid-00s. The more innovative sectors are actually those …
Persistent link: https://www.econbiz.de/10011983080
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Dynamics of productivity and cost of labor in Italian Manufacturing firms
Bottazzi, Giulio; Grazzi, Marco - 2013
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
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Evaluating alternatives to GDP as measures of social welfare/progress
Bergh, Jeroen C. J. M. van den; Antal, Miklós - 2014
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
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Marginality, dividends, and the value in games with externalities
Hüttner, Frank; Casajus, André - 2019
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
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Controlling externalities in the presence of rent seeking
Mackenzie, Ian A. - 2009
investigate the incentives to expend effort for a prize that produces consumption externalities and consider alternative … regulatory policies. We find relatively more global consumption externalities will increase (decrease) rent seeking when … consumption externalities are negative (positive). We show how introducing Pigouvian taxation (possibly with revenue transfer) and …
Persistent link: https://www.econbiz.de/10008735783
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The implementation of marginal external cost pricing in road transport
Verhoef, Erik T. - 1998
This paper discusses a number of issues that will become increasingly important nowthat the concept of marginal external cost pricing becomes more likely to be implementedas a policy strategy in transport in reality. The first part of the paper deals with thelong-run efficiency of marginal...
Persistent link: https://www.econbiz.de/10011299976