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Information, Coordination, and the Industrialization of Countries
Englmaier, Florian; Reisinger, Markus - CESifo - 2006
appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out … possible problems with overreaction to public information. Furthermore, we suggest a new focus for development policy. …
Persistent link: https://www.econbiz.de/10005094193
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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
information maximum likelihood using two unbalanced panels of Dutch and French manufacturing firms from three waves of the …
Persistent link: https://www.econbiz.de/10010670799
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Labor Unions, Globalization, and Mercantilism
Grieben, Wolf-Heimo; Sener, Fuat - CESifo - 2009
We analyze the growth and welfare effects of globalization in a dynamic Schumpeterian North-South product-cycle model. Economic growth is driven by R&D activities of Northern entrepreneurs. Top Northern production technologies are imitated by the South. In the North, there is wage bargaining...
Persistent link: https://www.econbiz.de/10008583672
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Timing of Technology Adoption and Product Market Competition
Milliou, Chrysovalantou; Petrakis, Emmanuel - CESifo - 2009
This paper examines how product market competition affects firms’ timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10005034642
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Economic Returns to Speaking the Right Language(s)? Evidence from Kazakhstan's Shift in State Language and Language of Instruction
Aldashev, Alisher; Danzer, Alexander M. - CESifo - 2014
This paper investigates the economic returns to language skills and bilingualism. The analysis is staged in Kazakhstan, a multi-ethnic country with complex ethnic settlement patterns that has switched its official state language from Russian to Kazakh. Using two newly assembled data sets, we...
Persistent link: https://www.econbiz.de/10011082829
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Initial Capital Constraints Hinder Entrepreneurial Venture Performance: An empirical analysis
Praag, Mirjam van - CESifo - 2003
A novel method is applied to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1 …,000 Dutch entrepreneurs. We find that initial capital constraints hinder entrepreneurs in their performance, even when we … control for various human capital and other factors that might affect both performance and credit scoring outcomes. We use a …
Persistent link: https://www.econbiz.de/10005406006
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Ethnic Divisions and Production in Firms
Hjort, Jonas - CESifo - 2013
A body of literature suggests that ethnic heterogeneity limits economic growth. This paper provides microeconometric evidence on the direct effect of ethnic divisions on productivity. In team production at a plant in Kenya, an upstream worker supplies and distributes flowers to two downstream...
Persistent link: https://www.econbiz.de/10010706000
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Urban Shrinkage in Eastern Germany
Bartholomae, Florian W.; Nam, Chang Woon; Schoenberg, Alina - CESifo - 2015
This paper questions the widely applied parallelism of demographic and economic development in characterizing urban shrinkage in Germany, and argues that the usage of population change as a single indicator leads to incorrect policy recommendations for combating urban shrinkage. As the cases of...
Persistent link: https://www.econbiz.de/10011165506
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Geography, Non-Homotheticity, and Industrialization: A Quantitative Analysis
Breinlich, Holger; Cuñat, Alejandro - CESifo - 2012
We propose a quantitative framework for the analysis of industrialization in which specialization in manufacturing or agriculture is driven by comparative advantage and non-homothetic preferences. Countries are integrated through trade but trade is not costless and geographic position matters....
Persistent link: https://www.econbiz.de/10010570050
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The Quantitative Importance of Openness in Development
Cai, Wenbiao; Ravikumar, B.; Riezman, Raymond - CESifo - 2013
This paper deals with a classic development question: how can the process of economic development – transition from stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954) and Rostow (1956) argue that the pace of...
Persistent link: https://www.econbiz.de/10010877851