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We show that the countries of the former Austro-Hungarian monarchy trade significantly more with one another in the aftermath of the collapse of the Iron Curtain than predicted by a standard gravity model. This trade surplus declines linearly and monotonically over time. We argue that these...
Persistent link: https://www.econbiz.de/10011019337
In this paper, I evaluate the impact of innovative activity of financial agents on their fragility in a competitive framework. There exist a vast array of concerns about the interconnection of financial innovations, financial distress of firms and financial crises provided by theoretical...
Persistent link: https://www.econbiz.de/10011019338
This paper investigates the economic returns to language skills and bilingualism. The analysis is staged in Kazakhstan, a multi-ethnic country with complex ethnic settlement patterns that has switched its official state language from Russian to Kazakh. Using two newly assembled data sets, we...
Persistent link: https://www.econbiz.de/10011019339
In this paper, we evaluate firm-, industry- and country-specific factors determining a firm's capital structure. The empirical validity of several capital structure theories has been ambiguous so far. We shed light on the main drivers of leverage and depict differences in industry and country...
Persistent link: https://www.econbiz.de/10011019340
Innovation processes within corporations increasingly tap into international technology sources, yet little is known about the relative contribution of different types of innovation channels. We investigate the effectiveness of different types of international technology sourcing activities...
Persistent link: https://www.econbiz.de/10011019341
Die Wirtschaftsanthropologie wurde von Koncsik als neue Interface-Disziplin zwischen Wirtschaftsethik und theologischer Anthropologie vorgeschlagen (siehe das Institut www.wirtschaftsanthropologie.de). Vorliegender Beitrag skizziert systemtheoretische Keypoints eines zweidimensionalen Menschen...
Persistent link: https://www.econbiz.de/10011019342
The introduction of a new product generation forces incumbents in network industries to rebuild their installed base to maintain an advantage over potential entrants. We study if backward compatibility moderates this process of rebuilding an installed base. Using a structural model of the U.S....
Persistent link: https://www.econbiz.de/10011019343
Mobile telecommunication operators routinely charge subscribers lower prices for calls on their own network than for calls to other networks (on-net discounts). Studies on tariff-mediated network effects suggest this is due to large operators using on-net discounts to damage smaller rivals....
Persistent link: https://www.econbiz.de/10011019344
We study the market for applications on Facebook, the dominant platform for social networking and make use of a rule change by Facebook by which high-quality applications were rewarded with further opportunities to engage users. We find that the change led to quality being a more important...
Persistent link: https://www.econbiz.de/10011019345
Die Standortnotwendigkeit ist Problem und Chance für Unternehmen (Standortsuche) und Standorte (Standortmarketing) gleichermaßen. Unternehmen sind dabei dem Einfluss durch die Gewichtung von Shareholder- und/oder Stakeholderinteressen unterworfen und der Wirkung harter wie weicher...
Persistent link: https://www.econbiz.de/10011019346