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Germany has experienced tremendous growth rates in the aftermath of World War II. Since the early 1970s, growth rates … capital accumulation in Germany severely lags behind the average level of the developed countries. As this may explain the … moderate position of Germany in the group of the 25 richest countries, the developed countries in turn experience a period of …
Persistent link: https://www.econbiz.de/10009745216
This study quantifies the impact of process and product innovation on employment growth in Bolivia by using microdata from a survey on innovation conducted in Bolivia in 2016. Following the model of Harrison, Jaumandreu, Mairesse, and Peters (2008) and the adaptations for Latin America of Crespi...
Persistent link: https://www.econbiz.de/10012670262
Germany has experienced tremendous growth rates in the aftermath of World War II. Since the early 1970s, growth rates … capital accumulation in Germany severely lags behind the average level of the developed countries. As this may explain the … moderate position of Germany in the group of the 25 richest countries, the developed countries in turn experience a period of …
Persistent link: https://www.econbiz.de/10010983345
Despite the diverse and developed nature of twentieth century U.S. and Canadian financial markets, the history of both economies is replete with claims of inefficiency and inadequacy among financial intermediaries, particularly the banking sectors. In Canada it has been argued that banks were...
Persistent link: https://www.econbiz.de/10010290383
Despite the diverse and developed nature of twentieth century U.S. and Canadian financial markets, the history of both economies is replete with claims of inefficiency and inadequacy among financial intermediaries, particularly the banking sectors. In Canada it has been argued that banks were...
Persistent link: https://www.econbiz.de/10001666697
Many companies lose money by acting responsibly. So why do they do it?Because in a favourable business climate, companies act generously.Decades of empirical tests have yet to confirm that corporate social responsibility is and has been a financially responsible business strategy. This paper...
Persistent link: https://www.econbiz.de/10012834295
This paper explores the nature and causes of the cartel compliance crisis that befell the National Industrial Recovery Act (NIRA) one year after its passage in 1933. We employ a simple game-theoretic model of the NIRA's cartel enforcement mechanism to show that the compliance crisis can largely...
Persistent link: https://www.econbiz.de/10014047753
This paper is an excerpt from a larger book project called The Corporation and the Twentieth Century, which chronicles and interprets the institutional and economic history – the life and times, if you will – of American business in the twentieth century. One integrating theme of the book is...
Persistent link: https://www.econbiz.de/10014032552
A popular theory is that it may be sufficiently difficult to reach agreement on patent license terms that holdup in development may occur. Early U.S. radio development is widely believed to provide an empirical example of such holdup during 1905-1920, with numerous allegations of an impasse in...
Persistent link: https://www.econbiz.de/10014037145
Since its inception, supporters of the Jones Act have claimed that the law is essential to U.S. national security. Although indefensible on economic grounds, Jones Act advocates argue that its restrictions promote the development of both a U.S. merchant marine and shipbuilding and repair...
Persistent link: https://www.econbiz.de/10014103125