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We examine a model of social learning in networks following the lines of Bala and Goyal (1998, 2001). As a model of agents’ behaviour we have chosen the model of informational cascades of Bikhchandani et al (1992). Similarly to Bala and Goyal we find that the higher the ’degree of...
Persistent link: https://www.econbiz.de/10005817201
This study empirically explores whether the propensity to offshore affects the total domestic employment at the firm level. The analysis is based on a Finnish weighted sample of 652 firms and screens the effect of offshoring different kinds of tasks. Two main channels of offshoring tasks are...
Persistent link: https://www.econbiz.de/10005818335
The paper summarizes the findings of a follow-up study on the globalization of the largest Finnish multinational … rest of their location changes. Thus, the current globalization process includes two parallel processes. The Finnish …
Persistent link: https://www.econbiz.de/10005818368
globalization with a representative sample of businesses in Finnish manufacturing and private services. FBs and non-FBs are not so …
Persistent link: https://www.econbiz.de/10005818395
The paper summarizes the results of a follow-up study on the effects of globalization in an old industrial town in … recent years the effects of globalization have changed towards more negative direction. This is not because of foreign … closed. In addition, due to globalization pressure firms in Finland and Varkaus try to develop new high-tech products. For …
Persistent link: https://www.econbiz.de/10005818438
Economic historians have stressed that income convergence was a key feature of the 'OECD-club' and that globalization … divergence. Therefore, history does not provide unambiguous evidence about globalization and convergence. …
Persistent link: https://www.econbiz.de/10005818483
Persistent link: https://www.econbiz.de/10005818725
This paper identifies and clarifies modes and rhythms of the internationalization of Polish firms that make it feasible thanks to the position achieved by the Polish economy, coupled with its access to the EU. The internationalization trends of the Polish economy are at first located and then...
Persistent link: https://www.econbiz.de/10005819466
This article addresses the process of growing integration of environmental concerns (referred to as “ecologisation”) in European agricultural policies, and suggests a framework for assessing its effects on agri-food systems: marginal adaptation of the industrial model or ecologically based...
Persistent link: https://www.econbiz.de/10005819559
Of late, interest rates globally have been at historic lows in many countries. The USA, UK, Europe have experienced rates of under 5% for approaching a decade, however there may be some small rises in the future. This article sets out to explore why this may be the case and whether it is likely...
Persistent link: https://www.econbiz.de/10005819659