Showing 1 - 10 of 22
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
(1) The basic problem in OECD countries is the tax void. (2) A tax system with an exemption is more transparant than a system with a tax credit. (3) Exemption should be at the level of the net minimum wage so that such workers can work at net = gross. (4) A tax credit is a sufficient but not a...
Persistent link: https://www.econbiz.de/10011109700
This study aims to investigate the efficiency in Thai financial sector after the financial crisis (1998 – 2004) by looking at the total factor productivity (TFP) growth. Furthermore, the study also investigate the efficiency in commercial bank sector, finance and securities company sector and...
Persistent link: https://www.econbiz.de/10005789580
Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...
Persistent link: https://www.econbiz.de/10005836490
This paper examines the impact of investments in modernization and innovation on productivity in a sample of firms in … achieved higher productivity, and these estimated quantitative effects are greater than the impact of standard innovation … innovation and, more generally, how firms go about achieving gains in productivity. While this paper focuses on the pulp and …
Persistent link: https://www.econbiz.de/10005836972
organization, technology, infrastructures, product design). On the other hand, the capacity of innovation can be perceived by the … great number of which is market by a weak potential of adaptability, innovation and sustainability. It becomes urgent to …
Persistent link: https://www.econbiz.de/10005837053
international diffusion through trade. Fitting the model to data on innovation, productivity, and trade in varieties, I find that …
Persistent link: https://www.econbiz.de/10009370811
and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation … export and innovation activities to become substitutes although they are generally natural complements. …
Persistent link: https://www.econbiz.de/10008693535
The paper explores a novel extension of the R&D-productivity literature. It puts forward an empirical model where sectoral productivity growth is related to the characteristics of technological regimes and a set of other industry-specific economic features. The model is estimated on a...
Persistent link: https://www.econbiz.de/10008765921
The paper investigates the effects of industry-level competition on firm-level innovation and productivity. We propose … innovation process: the choice of a firm to engage in innovation, its R&D intensity, its innovation output and labour … productivity. We test the model on a firm-level panel dataset based on the last three waves of the innovation survey for Norway …
Persistent link: https://www.econbiz.de/10008765939