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Efficiency scores of the National Innovation System (NIS) for 22 countries, including the BRICS, G7, are calculated with the Data Envelopment Analysis (DEA). Relevant factors that may affect the innovation system efficiency are summarized based on the NIS Approach and the New Growth Theory....
Persistent link: https://www.econbiz.de/10009382443
Aggregate economic growth is studied using Cobb-Douglas production functions. For Taiwan, new capital stock and human capital data are constructed. We find a constant labor exponent of about 0.7, assuming constant returns; a constant rate of increase in total factor productivity (TFP) of about...
Persistent link: https://www.econbiz.de/10014109430
called the business ownership rate of a country. The data set is called COMPENDIA, which means COMParative ENtrepreneurship …
Persistent link: https://www.econbiz.de/10010276939
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011528503
Empirical studies emphasising supply factors argue that poor countries as a whole show a catching up tendency of rich countries as a whole. We offer a demand side SAM model to highlight the convergence in economic growth. The model predicts, after adjusting for peculiarities of economic systems,...
Persistent link: https://www.econbiz.de/10012997581
To resolve global political and scholarly concerns over conflict minerals (“CM”) produced in the Democratic Republic of the Congo and neighboring regions, two kinds of CM-related disclosure rules (or “CM rules”) come into play in regulating their use: government-mandated laws such as...
Persistent link: https://www.econbiz.de/10012933008
Over the last few decades, advances in transportation and production technology, in conjunction with economic globalization and the emergence of multinational corporations, have consolidated fragmented production processes into long and complex supply chains across jurisdictions. While there are...
Persistent link: https://www.econbiz.de/10014348900
The growth model perspective has provided positive momentum for Comparative and International Political Economy. This article seeks to move beyond the existing geographical confines of this perspective to elaborate on its potential for enhancing our understanding of the trajectories of different...
Persistent link: https://www.econbiz.de/10013370795
We examine the institutional development of a set of transition economies since the dissolution of the USSR, with a particular focus on the effect of natural resource dependency, EU accession and institutional experience. In a cross-sectional analysis these factors show a significant association...
Persistent link: https://www.econbiz.de/10015260673
The goal of this study is to reveal the long-term trajectory of Russian economic development and to make predictions for the future. The study starts with a much discussed question: why Russia did worse economically during transition than most other countries in Europe and Asia? It is argued...
Persistent link: https://www.econbiz.de/10010333038