共查询到20条相似文献,搜索用时 15 毫秒
1.
Tyler Cowen 《The Review of Austrian Economics》2007,20(1):1-10
Under a variety of assumptions, subsidized bidding for creative resources fails to spur economic growth. First, under many
conditions, the resource would find an optimal location in any case. Second, the bid may be good for a winning city's economy,
but bad for the arts more generally. The bid winner is not necessarily the most appropriate home for the resource. Third,
bids based on publicly available information are unlikely to beat the market price for attracting those resources. The key
to stimulating growth, and drawing successful creative resources, is to stimulate the underlying microconditions for entrepreneurship,
whether in the private or public sectors. Furthermore, we should make arts subsidies less location-specific.
相似文献
Tyler CowenEmail: |
2.
Sjoerd Beugelsdijk 《Journal of Evolutionary Economics》2007,17(2):187-210
In this paper, we empirically study the relationship between entrepreneurial culture and economic growth. Based on a micro
based comparison of entrepreneurs and non-entrepreneurs, we develop a measure reflecting entrepreneurial attitude at the regional
level. We subsequently relate this newly developed variable, ‘entrepreneurial culture,’ to innovativeness and economic growth
in 54 European regions. Extensive robustness analysis suggests that differences in economic growth in Europe can be explained
by differences in entrepreneurial culture, albeit mostly in an indirect way.
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Sjoerd BeugelsdijkEmail: |
3.
The Social Economics of Globalization 总被引:1,自引:1,他引:0
John P. Tiemstra 《Forum for Social Economics》2007,36(2):143-159
There is general agreement on the moral values that globalization should serve. These are widespread prosperity and economic
growth, ecological sustainability, and cultural diversity. Proponents believe that neoliberal globalization will achieve these
goals, while the critics believe that globalization undermines them. An institutionalist theory that recognizes the reality
of economic power and choice posits that globalization enhances the power of the business sector at the expense of the government
and moral–cultural sectors. Policies for redressing this imbalance are discussed.
相似文献
John P. TiemstraEmail: |
4.
Karl-Ernst Schenk 《Journal of Evolutionary Economics》2006,16(3):231-253
This concept revolves around differences of embeddedness of organizations in the macro patterns of routines (economic policy regimes), which in turn may differentially provide them–and the system as a whole–with ‘procedural rationality’ in dealing with identified problems in their relevant complex environment. Regularities of interdependence are specified between different regime patterns and the variety of coordination routines between and inside micro organizations. Corresponding regularities are also observed for internal governance routines of organizations, which in turn determine the behavioral adaptation by self-organization that may be rationally in a local perspective, but–contingent on the organization’s embeddedness in the coordination structure–not necessarily so in a comprehensive one.
相似文献
Karl-Ernst SchenkEmail: |
5.
This paper describes and analyses changes at the concentration level of the audit services markets in 15-EU member-countries.
The sample consists of 2,862 clients of auditing firms for the period 1998 to 2004. The findings of the research show that
concentration in the aggregate sample increased over time. Concentration in the audit markets of the EU-15 member-countries
exhibits substantial variation across countries while average concentration, before and after Arthur Andersen’s dissolution,
has increased in 12 and declined in three countries. Results segmented by economic sectors indicate that the concentration
increased in all sectors except Energy, which is the sector with the highest concentration. Overall, the empirical results
suggest that there are complexities in our understanding of auditing services markets for competition purposes.
相似文献
Irene Fafaliou (Corresponding author)Email: |
6.
Stuart J. Wilson 《Empirical Economics》2006,31(1):261-275
The links between economic growth, investment and migration are explored to determine if one of the mobile factors of production,
capital or labor, led the other to accumulate in Canada during several boom episodes over 1870 to 1927. The results of an
econometric analysis, using time series techniques, suggest that rising per capita incomes led to increased domestic investment
and net immigration, and that foreigners joined the investment booms after domestic residents invested in Canadian development
first.
相似文献
Stuart J. WilsonEmail: |
7.
Miguel-Ángel Galindo Martín Francisco Escribano Sotos María Teresa Méndez Picazo 《International Advances in Economic Research》2007,13(2):214-221
The improvement of data statistics as well as the econometrician methods have facilitated the introduction the new variables
and factors I the economic growth analysis. In this sense, real variables have mainly been considered in the economic growth
studies, but not financial or risk management aspects. In this sense, it is interesting to analyze the relationship between
economic growth and value at risk and the feed-back process. The goal of the paper is to analyze the relationship between
economic growth and risk management and the feed-back process. We will consider economic variables, including economic growth,
rule of law, human capital, fiscal policy and monetary policy, among others, in our analysis. We will analyze the theoretical
relationships between these variables and risk and the effects of risk on economic growth. We will also develop an empirical
analysis considering the case of 15 European Union countries.
相似文献
María Teresa Méndez PicazoEmail: |
8.
We analyze the role of vertical innovation in trade patterns for developing economies trading with technologically advanced
countries. A model is presented where the international diffusion of knowledge, promoted by economic integration, is the source
of a technological catching up and leads to a convergence in the quality of traded goods, with a positive effect on exports.
We then turn our attention on the evolution of trade between the Central and Eastern European countries (CEECs-5) and their
European Union partner countries, assessing whether economic integration has increase the quality of the goods produced. For
the period 1995–2005, we find evidence of the increasing role of intra-industry trade and vertical differentiation and a process
of specialization in higher quality products, especially in the medium- and high-skill sectors.
相似文献
Marcella Mulino (Corresponding author)Email: |
9.
Henri Bezuidenhout 《International Advances in Economic Research》2009,15(3):310-321
During the last decade international aid flows diminished while Africa’s relative share of global foreign direct investment
(FDI) declined. This went together with lacklustre growth and low human development levels. In 2005, the G8 countries announced
that they would increase aid to Africa by some $25 billion per annum. The pledge for increasing aid seems to have triggered
an extensive debate about the role of aid and other international capital flows in the development of poorer countries. This
study contributes to this debate. Specifically it addresses the role of foreign direct investment and aid to growth and human
development. Panel estimations are used to determine the relationships between aid, FDI and growth in the Southern Africa
region from 1990 to 2005. Negative relationships are found between FDI and growth while aid and growth turned out to be unrelated.
相似文献
Henri BezuidenhoutEmail: |
10.
Based on a sample of 1,084 European regions (EU15) from 1995 to 2004, we estimate the relationship between the average growth
rate of GDP per capita and the volatility of the growth rate allowing for spatial effects. The spatial lag and spatial error
models show that the regional per capita growth rate and volatility are significantly positively related on average. However,
the inclusion of country interaction terms reveals that the volatility impact is not uniform across countries. In particular,
the relationship between growth and volatility is significantly positive for the majority of countries but significantly negative
for three countries (namely Finland, Italy, and Ireland).
相似文献
Martin FalkEmail: |
11.
We present a two-sector endogenous growth model with human and physical capital accumulation to analyze the long-run relationship
between population growth and real per capita income growth. Formal education and investment in physical capital are assumed
to be two separate components of human capital production. Along the balanced growth path equilibrium, population change may
have a positive, negative, or else neutral effect on economic growth depending on whether physical and human capital are complementary/substitutes
for each other in the formation of new human capital and on their degree of complementarity.
相似文献
Davide La TorreEmail: |
12.
Marco Montanari 《Constitutional Political Economy》2006,17(4):277-301
Italy has experienced a double political phenomenon over the last few decades: a transfer of powers to a supranational entity (the EU) and a move towards regional autonomy. This paper aims to evaluate how policy competences are attributed to and exercised by the European, national and regional institutions. It develops a set of quantitative indicators analysing the legislative production of the EU, the Italian parliament and the Italian regions in various policy areas. The main findings indicate a certain substitutability between European and national legislation and that different levels of government share competences in a larger number of sectors than suggested by the economic theory.
相似文献
Marco MontanariEmail: |
13.
Corrado Andini 《Portuguese Economic Journal》2009,8(1):15-22
In a seminal paper, Levine et al. (J Monet Econ 46:31–77, 2000) provide cross-sectional evidence showing that financial development has positive average impact on long-run growth, using
a sample of 71 countries. We argue that the evidence is sensitive to the presence of outliers.
相似文献
Corrado AndiniEmail: |
14.
We test the hypothesis that the sector bias of skill biased technical change is important in explaining the rising relative
wage of skilled workers in the manufacturing sector in three Central and Eastern European transition countries. The econometric
results broadly confirm that the concentration of skill biased technical change in the skill intensive sectors had a significant
effect on the skill premium in these transition countries.
相似文献
Robert Stehrer (Corresponding author)Email: |
15.
Mina Baliamoune-Lutz 《International Advances in Economic Research》2008,14(4):422-432
We explore the short-run dynamics and long-run relationship between income and financial development in Algeria, Egypt, and
Morocco. We use co-integration and VECM models and four indicators of financial development. The empirical results indicate
that there is a long-run relationship between income and each financial development indicator, except credit to the private
sector in Algeria. On the other hand, Granger-causality test results indicate that the evidence on the direction of causality
is mixed.
相似文献
Mina Baliamoune-LutzEmail: |
16.
Randall G. Holcombe 《The Review of Austrian Economics》2008,21(4):225-249
Twentieth century economics was dominated by the development and refinement of the concept of economic equilibrium. While
it is worthwhile to understand the properties of economic equilibrium, equilibrium concepts have dominated economic thought
to the point that they have obscured some of the more important issues economists have always strived to understand. At least
since Adam Smith’s time, economists have tried to understand the causes of prosperity, and how economic welfare can be enhanced,
but these issues are best understood outside the equilibrium framework. The foundations provided by the Austrian school point
toward ways that economic analysis can expand beyond the equilibrium framework.
相似文献
Randall G. HolcombeEmail: |
17.
Persefoni V. Tsaliki 《International Review of Economics》2008,55(4):363-371
A systemic element of prevailing economic growth and development is the massive introduction of machinery into the production
process. The introduction of new technologies became decidedly a debated issue in economic analysis because of the dual character
of technology, which simultaneously creates and destroys employment, advances and deteriorates labor skills. This paper attempts
to introduce the relative issues and to assess the extent to which the introduction of machinery into the labor process improves
human capital or simplifies labor skills and forms a stream of unskillful laborers.
相似文献
Persefoni V. TsalikiEmail: |
18.
Thierry Aimar 《The Review of Austrian Economics》2009,22(3):199-207
The Austrian School has had a curious destiny: while contributing many concepts to contemporary economic theory, it is either
ignored or criticised by much of modern economic literature. This article discusses possible reasons for this institutional
sidelining and the main futures of a renewal of Austrian thought.
相似文献
Thierry AimarEmail: |
19.
How large is liquidity risk in an automated auction market? 总被引:2,自引:0,他引:2
We introduce a new empirical methodology that models liquidity risk over short time periods for impatient traders who submit market orders. Using Value-at-Risk type measures, we quantify the liquidity risk premia for portfolios and individual stocks traded on the automated auction market Xetra. The specificity of our approach relies on the adequate econometric modelling of the potential price impact incurred by the liquidation of a portfolio. We study the sensitivity of liquidity risk towards portfolio size and traders' time horizon, and interpret its diurnal variation in the light of market microstructure theory.
相似文献
Pierre GiotEmail: Phone: +32-81-724887 |
Joachim Grammig (Corresponding author)Email: Phone: +49-7071-2976009Fax: +49-29-5546 |
20.
The determinants of profitability and productivity for large Italian companies operating in industrial sectors are investigated
in this paper. Data were taken from one of the most important Italian business surveys, and furthermore two cross-section
surveys for the years 1998 and 2002 are compared. The results highlight the importance of financial management and organisational
complexity in order to explain the development of profitability and productivity ranking during 1998–2002. This paper identifies
the important enterprise behaviour in terms of the variables considered. Large Italian companies remain competitive in the
more traditional sectors (e.g. mechanics, textiles, etc.). In general, the Italian enterprises are not dynamic enough to compete
in the most technological and innovative sectors. Moreover, there is the necessity for greater investments in order to foster
the national economy.
相似文献
Paolo MarianiEmail: |