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Mergers and acquisitions - the standing of theory in the quest for better institutions and policy

Jensen, Camilla - 2010

The paper shows that the standing of theory in the field of mergers and acquisitions is weak for at least three reasons …. Research is best described as a battlefield of ad hoc theory testing leaving behind a fragmented field. Research has focused … growth). The deficiencies in the standing of theory will be reflected in weak institutions to handle the political processes …

Persistent link: https://www.econbiz.de/10011430846

The impact of innovation activities on firm performance using a multi-stage model: Evidence from the community innovation survey 4

Hashi, Iraj; Stojcic, Nebojsa - 2010

The impact of innovation on firm performance has been a matter of significant interest to economists and policy makers for decades. Although innovation is generally regarded as a means of improving the competitiveness of firms and their performance on domestic and foreign markets, this...

Persistent link: https://www.econbiz.de/10011430855

Theoriegrundlagen moderner Industriepolitik

Hahn, Franz R. - 1993

Persistent link: https://www.econbiz.de/10011435032

Regularity and Cointegration in Demand Systems

Kratena, Kurt; Wüger, Michael - 1998

This paper deals with the regularity problem in the Almost Ideal Demand System (AIDS) in terms of the boundedness of the budget shares within the [0,1] interval. The violation of "cointegration accounting" can be seen just as another consequence of irregularity. The discussion of modifications...

Persistent link: https://www.econbiz.de/10011435040

A Note on Labor Productivity and Foreign Inward Direct Investment

Egger, Peter; Pfaffermayr, Michael - 1999

Foreign Direct Investment (FDI) is not only a transfer of capital, but a complex bundle of capital and firm-specific assets like production and management know-how. In particular, the transfer of production know-how improves overall productivity of FDI-receiving firms and to some extent also...

Persistent link: https://www.econbiz.de/10011435044

Intangible Investment and Human Resources. The New WIFO Taxonomy of Manufacturing Industries

Peneder, Michael - 1999

Statistical cluster techniques are applied in the development of two new taxonomies of manufacturing industries. The first focuses on the distinction between exogenous, location dependent comparative cost advantages, such as the relative abundance of capital or labour, and endogenously created...

Persistent link: https://www.econbiz.de/10011435047

Economic Integration, Specialisation and the Location of Industries. A Survey of the Theoretical Literature

Wolfmayr-Schnitzer, Yvonne - 1999

Persistent link: https://www.econbiz.de/10011435052

Regional Differences in Unemployment and the Labor Supply Decision

Badinger, Harald; Url, Thomas - 1999

We present a model that describes the labor supply decision of individuals under transaction costs and job-related amenities. The model indicates that individuals will respond to regional differences in wages net of transaction costs and accept higher jobamenities as compensation for low wages....

Persistent link: https://www.econbiz.de/10011435053

Employment in Domestic Plants and Foreign Affiliates: A Note on the Elasticity of Substitution

Pfaffermayr, Michael - 1999

For high wage countries, such as Austria, employment growth in foreign affiliates abroad is commonly expected to substitute for jobs at home. Estimates from bilateral data on the foreign and domestic activities of Austrian manufacturing firms over the period 1990-1996, covering the 10 most...

Persistent link: https://www.econbiz.de/10011435054

Demand Shifts, Labour Mobility and Unemployment Persistence

Kratena, Kurt - 2000

In this study a two sector general equilibrium model with fully integrated labour and goods markets is presented. The two labour markets are segmented and represent two different "labour market regimes". The primary sector is an unionized high wage sector with "good" and rationed jobs, in the...

Persistent link: https://www.econbiz.de/10011435056