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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - CESifo - 2001
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005181434
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Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown
Daveri, Francesco; Parisi, Maria Laura - CESifo - 2010
We investigate the role of workers’ and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10008583733
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Incentives and Creativity in Groups
Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - CESifo - 2013
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10010690377
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High Performance in Complex Spatial Systems: A Self-Organizing Mapping Approach with Reference to The Netherlands
Kourtit, Karima; Arribas-Bel, Daniel; Nijkamp, Peter - Tinbergen Instituut - 2013
series of detailed regional facilitating and driving factors related, inter alia, to talent, innovation, skills, networks …
Persistent link: https://www.econbiz.de/10011255701
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The Firms behind the Regions: Analysis of Regional Innovation Performance in Portugal by External Logistic Biplots
Noronha, Teresa de; Galindo, Purificación Vicente; … - Tinbergen Instituut - 2013
The strategic choices regarding innovation and R&D policy in Portugal have, over the last two decades, produced various … firms located throughout the country, and to explore those innovation determinants that have a region-specific connotation …. In our paper, innovation is used as a major contributor to the policy evaluation process referred to above. To provide a …
Persistent link: https://www.econbiz.de/10011255850
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Evolutionary Thinking in Environmental Economics
Bergh, Jeroen C.J.M. van den - Tinbergen Instituut - 2007
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10011256552
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Evaluating the Capacity of Standard Investment Appraisal Methods
Akalu, Mehari Mekonnen - Tinbergen Instituut - 2002
The survey findings indicate the existence of gap between theory and practice of capital budgeting. Standard appraisal methods have shown a wider project value discrepancy, which is beyond and above the contingency limit. In addition, the research has found the growing trend in the use of value...
Persistent link: https://www.econbiz.de/10011256495
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A Monte Carlo Comparison between the Free Cash Flow and Discounted Cash Flow Approaches
Akalu, Mehari Mekonnen; Turner, Rodney - Tinbergen Instituut - 2002
One of the debates in the capital budgeting model selection is between the free cash flow and DCF methods. In this paper an attempt is made to compare SVA against NPV model based on Monte Carlo simulations. Accordingly, NPV is found less sensitive to value driver variations and has got higher...
Persistent link: https://www.econbiz.de/10011257488
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Collusion through Joint R&D: An Empirical Assessment
Duso, Tomaso; Roeller, Lars-Hendrik; Seldeslachts, Jo - Tinbergen Instituut - 2010
This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...
Persistent link: https://www.econbiz.de/10011256042
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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - CESifo - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10010670799