Showing 61 - 70 of 1,437
Many observers have noted a strong tendency for protection, once it is instituted, to persist over time. This paper first shows that persistent protection arises whenever lobbying is an alternative to costly adjustment. With endogenous protection, the level of tariffs is an increasing function...
Persistent link: https://www.econbiz.de/10009458403
We study the evolution of sectoral employment and labor cost in eleven European countries in the last two decades. Our statistical approach consists in decomposing for country, industry and temporal effects. Virtual economies are constructed by filtering country effects. We find that sectoral...
Persistent link: https://www.econbiz.de/10009458576
We analyze the implications for the dynamics of capitalaccumulation of market power and endogenous demand elasticities, in anenvironment in which the latter are affected by the number of competitorsin each industry. In equilibrium the interest rate increases as capitalaccumulates, even though...
Persistent link: https://www.econbiz.de/10009458578
There is a wide literature on the dynamic adjustment of employment and its relationship with the business cycle. Our aim is to propose a statistical model that offers a congruent representation of post-war UK labour market. We use a cointegrated vector autoregressive Markov-switching model where...
Persistent link: https://www.econbiz.de/10009458580
We generate an original dataset on bribe payments at two competing ports in Southern Africa that allows us to take an unusually close look at the relationship between bureaucratic organization, bribe-setting behavior and the costs corruption imposes on users of public services. We find that the...
Persistent link: https://www.econbiz.de/10009480468
Drawing from the varieties of capitalism theoretical framework, the study explores the home country influences of MNCs on their CSR practices when they operate outside their national/regional institutional contexts. The study focuses on a particular CSR practice (i.e. corporate code of conducts)...
Persistent link: https://www.econbiz.de/10009485121
This study investigates the relationship between employee participation in decision-making within production enterprises and their economic performance. Alternative forms of employee involvement such as profit sharing and employee ownership are also considered. A theoretical framework is...
Persistent link: https://www.econbiz.de/10009485183
In this Thesis we study some aspects related to the determinants and the consequences of acquiring education in the UK. Chapter one outlines the structure of the Thesis. In chapter two we analyse the probability of staying-on at school at age 16 in England and Wales using data from the 1970...
Persistent link: https://www.econbiz.de/10009485239
We distinguish between intended production and residual generation and introduce the concept of by-production. We show that by-production provides the fundamental explanation for the positive correlation that is observed between intended production and residual generation. Most of the existing...
Persistent link: https://www.econbiz.de/10009485303
When taking into account time, services can experience similar productivity gains as manufacturing. Motion pictures constituted the first technology that industrialized a labour-intensive service. Measuring output in time spent consuming them doubles output growth from 4.2 to as much as 9...
Persistent link: https://www.econbiz.de/10009439448