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The Knowledge Spillover Theory of Entrepreneurship

Ács, Zoltán J.; Audretsch, David B.; Braunerhjelm, Pontus - 2005

entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created …

Persistent link: https://www.econbiz.de/10010271750

A theory of destructive entrepreneurship

Desai, Sameeksha; Ács, Zoltán J. - 2007

economy - in which entrepreneurship plays a role for employment, income growth and innovation. The current understanding of … conceptual gap in the allocation of entrepreneurship by proposing a theory of destructive entrepreneurship. …

Persistent link: https://www.econbiz.de/10010271774

On the evolutionary edge of migration as an assortative mating device

Stark, Oded; Behrens, Doris A.; Wang, Yong - 2008

In a haystack-type representation of a heterogeneous population that is evolving according to a payoff structure of a prisoner's dilemma game, migration is modeled as a process of swapping" individuals between heterogeneous groups of constant size after a random allocation fills the haystacks,...

Persistent link: https://www.econbiz.de/10010271792

Biofuel subsidies: an open-economy analysis

Bandyopadhyay, Subhayu; Bhaumik, Sumon Kumar; Wall, … - 2009

We present a general equilibrium analysis of biofuel subsidies in an open-economy context. In the small-country case, when a Pigouvian tax on conventional fuels such as crude is in place, the optimal biofuel subsidy is zero. When the tax on crude is not available as a policy option, however, a...

Persistent link: https://www.econbiz.de/10010271799

Workings of the melting pot : social networks and the evolution of population attributes

Brueckner, Jan Keith; Smirnov, Oleg - 2004

This paper links the two nascent economic literatures on social networks and cultural assimilation by investigating the evolution of population attributes in a simple model where agents are influenced by their acquaintances. The main conclusion of the analysis is that attributes converge to a...

Persistent link: https://www.econbiz.de/10010271815

Self-financing environmental mechanisms

Breitscheidel, Jörg; Gersbach, Hans - 2005

We explore the design of self-financing tax/subsidy mechanisms to solve hold-up problems in environmental regulation. Under Cournot competition, announcing the subsidy rate seems to be preferable to announcing the tax rate. Moreover, for constant marginal damage the hold-up problem can always be...

Persistent link: https://www.econbiz.de/10010271818

Income taxation, tuition subsidies, and choice of occupation : implications for production efficiency

Bjertnæs, Geir Haakon - 2005

The desirability for production efficiency is re-examined in this study, where agents choose occupation based on lifetime income net of tuition costs. Efficient revenue raising implies that the government should trade off efficiency in production for efficiency in intertemporal consumption, as...

Persistent link: https://www.econbiz.de/10010271821

Airline schedule competition: product-quality choice in a duopoly model

Brueckner, Jan Keith; Flores-Fillol, Ricardo - 2006

This paper presents a simple model of airline schedule competition that circumvents the complexities of the spatial approach used in earlier papers. Consumers choose between two duopoly carriers, each of which has evenly spaced flights, by comparing the combinations of fare and expected schedule...

Persistent link: https://www.econbiz.de/10010271840

Adding geography to the new economic geography

Bosker, E. Maarten; Brakman, Steven; Garretsen, Harry; … - 2007

For reasons of analytical tractability, new economic geography (NEG) models treat geography in a very simple way: attention is either confined to a simple 2-region or to an equidistant multi-region world. As a result, the main predictions regarding the impact of e.g. diminishing trade costs are...

Persistent link: https://www.econbiz.de/10010271844

Fiscal competition in space and time: an endogenous-growth approach

Becker, Daniel Thomas; Rauscher, Michael - 2007

Is tax competition good for economic growth? The paper addresses this question by means of a simple model of endogenous … growth. There are many small jurisdictions in a large federation and individual governments benevolently maximise the welfare … of immobile residents. Investment is costly: Quadratic installation and de-installation costs limit the mobility of …

Persistent link: https://www.econbiz.de/10010271845