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排序方式: 共有479条查询结果,搜索用时 15 毫秒
41.
Portuguese Economic Journal - Market competition is a key driver for an efficient allocation of resources and thus to sustained economic growth and higher aggregate welfare. Portugal implemented... 相似文献
42.
Successful new products are essential to every company for survival in the marketplace. Especially discontinuous innovations are attractive because they can contribute to revenue growth by creating new businesses or addressing new market segments. Employees and their entrepreneurial spirit are often not fully utilized in a company's innovation activity. This paper presents a coherent methodology to promote corporate entrepreneurship and transform the creative thinking of many employees into valuable products. The application of this methodology at Qualcomm has resulted in more than 1,100 participants submitting almost 730 new business ideas, resulting in over $60 million in funding for several incubation and joint‐venture projects over the past four years, some of which have already produced innovations that the company values at over $300 million. Further, the paper discusses the limitations of this approach, its transferability to other companies as well as implications for future research. 相似文献
43.
We assess the value relevance of the amounts for identifiable intangible assets and goodwill reported in the financial statements of all non-finance companies listed on the main market of the Portuguese Stock Exchange from 1998 to 2008. Additionally, we use panel data to explore the impact on value relevance of Portugal’s formal adoption of International Accounting Standards [IAS] and International Financial Reporting Standards [IFRS] in 2005. A distinctive feature of the accounting by our sample companies is that when they adopted IAS 38 and IFRS 3 in 2005, they were no longer required to recognise some intangible assets (such as start-up costs and research expenditures) and were no longer required to amortise goodwill.We find that net earnings, reported goodwill and other intangible assets are highly significantly associated with stock price. However, whereas earnings are related positively to stock prices when Portuguese Generally Accepted Accounting Principles (GAAP) were applied prior to 2005, the value relevance of earnings appears to have declined after the adoption of IAS/IFRS in 2005. Although the change to IAS/IFRS had no impact on the value relevance of identifiable intangibles as a whole, the evidence suggests that there was a positive effect on the value relevance of goodwill. When the subclasses of identifiable intangible assets are considered, we found evidence of an increase in value relevance of goodwill, other intangible assets, and research and development expenditures. 相似文献
44.
Between 2007 and 2009, government expenditures increased rapidly across the OECD countries. While economic research on the impact of government purchases has flourished, in the data, most of the increase in expenditures was in government transfers. After documenting this fact, we argue that future research should focus on the positive impact of transfers. Towards this, we present a model in which there is no representative agent and Ricardian equivalence does not hold because of uncertainty, imperfect credit markets, and nominal rigidities. Targeted lump-sum transfers are expansionary both because of a neoclassical wealth effect and because of a Keynesian aggregate demand effect. 相似文献
45.
V. Eldon Ball Jean‐Pierre Butault Carlos San Juan Ricardo Mora 《Agricultural Economics》2010,41(6):611-627
This study looks at international competitiveness of agriculture in the European Union and the United States. The most intuitive concept is that of price competitiveness. We calculate relative prices for 11 member states of the European Union and the United States for the period 1973–2002. We assume that markets are perfectly competitive and in long‐run equilibrium, so that the observed price always equals average total cost, as measured by the cost dual to the production function. This assumption is used in our calculation of relative competitiveness and productivity gaps between the European Union and the United States and in our decomposition of relative price movements between changes in relative input prices and changes in relative productivity levels. 相似文献
46.
Ricardo Pagán 《旅游业当前问题》2013,16(6):524-538
This study analyses the contribution of holiday trips to the life satisfaction (LS) of people with disabilities as compared to people without disabilities. Particular attention is paid to the effects of the intensity of taking part in holiday trips on LS. We are interested in testing two different hypotheses: (a) holiday trips increase individuals' LS and (b) the effects of holiday trips on LS are different for people without and with disabilities, being greater for this latter group. Using longitudinal data from the German Socio-Economic Panel, we estimate LS equations (running generalised least square random-effects models) for people without and with disabilities which include a set of variables measuring participation or not in holiday trips and its intensity. Although people with disabilities are less likely to participate in holiday trips than people without disabilities, the results indicate that people with disabilities obtain higher levels of LS than people without disabilities from their participation in holiday trips, especially when this participation is more intense. Policy-makers and the tourism industry must promote and facilitate full access and participation of people with disabilities in holiday trips by eliminating all barriers, understanding their differential needs and providing an inclusive leisure environment. 相似文献
47.
Ignacio Oliva Patricia Galilea Ricardo Hurtubia 《International Journal of Sustainable Transportation》2018,12(10):701-713
Understanding how spatial attributes of cities and neighborhoods induce cycling is relevant for urban planning and policy making. In this work, ordered logit and latent class models are specified and estimated to analyze how the built environment affects bicycle-commuting frequency. Data come from a survey to 1,487 people in the city of Santiago, Chile, including sociodemographic information, travel behavior patterns and place of residence and work. Using geographic information systems tools, the built environment was characterized with variables calculated for a 500-m-radius buffer around the residential and work locations of each individual. Two models are estimated, first an ordered logit model confirms that built environment variables effect on cycling is similar to what has been reported in the literature, with some new findings such as an increase in cycling when public transport accessibility is low and the role of built environment attributes at the destination. Second, a latent class ordered logit is used to identify two classes of neighborhood in term of their cycling patterns, as a function of their density, presence of cycling infrastructure and distance to the main activity center of the city. This result allows to map the class membership probabilities, potentially helping to identify neighborhoods that encourage cycling and providing relevant information for policy making and infrastructure decisions. 相似文献
48.
Several studies examine the patterns and determinants of entry and exit in manufacturing industries. Not much work exists on entry and exit in international markets. This paper uses Chilean data to analyze the industry‐level determinants of entry and exit in export markets. First, we show as stylized facts that entry and exit rates differ across industries, vary over time, and are positively correlated. Then, we study the main determinants of these patterns. Our econometric analysis shows that within‐industry heterogeneity, measured by differences in productivity or other firm characteristics, has a significant effect on plant turnover in international markets. Our findings reveal that trade costs, factor intensities, and fluctuations in the real exchange rate play a minor role explaining entry and exit. This last result is consistent with hysteresis in international markets. 相似文献
49.
We study the effects of anticipated inflation on aggregate output and welfare within a search‐theoretic framework. We consider two pricing mechanisms: ex post bargaining and a notion of competitive pricing. Under bargaining, the equilibrium is generically inefficient and an increase in inflation reduces buyers' search intensities, output, and welfare. If prices are posted and buyers can direct their search, search intensities are increasing with inflation for low inflation rates and decreasing for high inflation rates. The Friedman rule achieves the efficient allocation, and inflation always reduces welfare, although it can have a positive effect on output for low inflation rates. 相似文献
50.
There have been significant structural changes in research markets in recent years reflected in the increase in the number of academic journals. This paper uses a differential game model of authors and journal editors to examine the effects of an increase in competition among academic journals. Does an increase in the number of academic journals lead to an increase in scholarly articles published? Will an increase in publishing outlets adversely affect research quality? The results show greater competition does not affect research output and in fact enhances research quality. The number of journals and the relative discount rates of authors and editors are crucial determinants of the effects of competition. 相似文献