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Purpose – The purpose of this paper is to revisit Christophe Midler's contribution through L'auto qui n'existait pas ( The car that did not exist ), first published in 1993. The paper summarizes and examines the main themes of the book based on current knowledge and ends with suggestions for...
Persistent link: https://www.econbiz.de/10014786437
the impact of culture in inhibiting convergence of corporate governance. Overall, the paper provides an appraisal of … corporate governance laws in stakeholder-oriented states that have endured market pressure for convergence. Design … three continents with stakeholder-oriented corporate governance model to determine the effect of culture in the convergence …
Persistent link: https://www.econbiz.de/10014781895
This paper addresses the interplay between economic growth, energy use, change in sectoral composition and technological change, by exploring trends in energy- and labour productivity development for 14 OECD countries and four sectors over the period 1970-1997. A cross-country decomposition...
Persistent link: https://www.econbiz.de/10011256348
This discussion paper resulted in a publication in the 'World Bank Economic Review', 2007, 21, 1-20.<p> There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a...</p>
Persistent link: https://www.econbiz.de/10011256469
simulation experiments(over a 20-year period) to quantify the importance of convergence, household fixed effectsand shocks. First …, we find powerful convergence. In the absence of shocks and withouthousehold fixed effects there is rapid growth over the …
Persistent link: https://www.econbiz.de/10011256948
This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level … for 14 OECD countries, covering the period 1970-1997. A fã-convergence analysis shows that the development of cross …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence …
Persistent link: https://www.econbiz.de/10011257015
We present a detailed analysis of energy intensity developments across 23 service sectors in 18 OECD countries over the period 1980−2005. We find that the shift towards a service economy has contributed to lower overall energy intensity levels in the OECD, but this contribution would have been...
Persistent link: https://www.econbiz.de/10011257306
convergence. We apply three approaches to convergence – -convergence, σ-convergence and quantile-convergence (q-convergence), to … countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the sample consisted …
Persistent link: https://www.econbiz.de/10011257844
and disscussed the convergence hypothesis in the light of LeSange and Fischer (2008) formulation. The study concludes that … the later reform period has witnessed beta convergence due to feedback effect. …
Persistent link: https://www.econbiz.de/10011258032
convergence, and estimates the future steady-state or long-run distribution of energy intensity for the OECD. The paper finds that … of convergence. However, convergence is conditioned on country specific factors since differences in individual energy …
Persistent link: https://www.econbiz.de/10011258225