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Persistent link: https://www.econbiz.de/10014301592
We revisit the well-known fact that richer countries tend to produce a larger variety of goods and analyze economic development through (export) diversification. We show that countries are more likely to enter ‘nearby’ industries, i.e., industries that require fewer new occupations. To...
Persistent link: https://www.econbiz.de/10014243607
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Regions economically differ from each other – they compete in different products and geographical spaces, exhibit different strengths and weaknesses, and provide different possibilities for growth and development. What fosters growth in one region may hamper it in another. This highly original...
Persistent link: https://www.econbiz.de/10011171004
Although increasing attention is paid to the resilience of regions to economic shocks, theoretical and empirical insights in the determinants of regional resilience are still limited. This paper aims to make a first step in quantifying regional resilience. Using a model, we explore how three...
Persistent link: https://www.econbiz.de/10010567345
Using a newly assembled, consistent and disaggregated dataset (12 goods and 7 services) on internal and bilateral trade for 25 European countries, we analyse the difference between trade in goods and services. The measurement of both trade in goods and trade in services is improved over earlier...
Persistent link: https://www.econbiz.de/10011256784
Contrary to employees, there is no clear evidence that entrepreneurs' education positively effects income. In this study we propose that entrepreneurs can benefit from their education as a signal during the recruitment process of employees. This process is then assumed to follow a matching of...
Persistent link: https://www.econbiz.de/10011307020
Private sector R&D is largely concentrated in a few multinational companies (MNCs), which thus play an important role in the creation of knowledge and technology in the economy. The mobility of labor between these firms and the rest of the economy is therefore an important mechanism for the...
Persistent link: https://www.econbiz.de/10012653467
Are college dropouts successful entrepreneurs? Other than anecdotal evidence on illustrious college dropouts who managed to become self-made billionaires, there is only limited empirical evidence to answer this question. This paper addresses this issue by investigating the relationship between...
Persistent link: https://www.econbiz.de/10011537406
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