Showing 1 - 10 of 47
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10005076108
Understanding the degree and evolution of competition across industries is an important step towards understanding the … impact of economic reform and competition on economic growth in Vietnam during the economic transition. In this paper, the … author investigates the evolution of competition in Vietnam during the economic transition using the price-cost margin (PCM …
Persistent link: https://www.econbiz.de/10009646510
An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money. In agreement with empirical results the derived size distribution is lognormal with a power law tail. The key idea of the theory is to regard the creation of money as a slow...
Persistent link: https://www.econbiz.de/10010956102
Abstract: This paper estimates the aggregate productivity effects of Marshallian externalities generated by foreign direct investments (FDI) in the US. In contrast to earlier work, this paper puts special emphasis on controlling for Marshallian externalities and other intra- and inter-regional...
Persistent link: https://www.econbiz.de/10005034304
We analyze the impact of national pharmaceutical regulation on the launch delay of new chemical entities approved by the EMEA’s centralized procedure. We find that direct price control regimes have a significantly negative impact on the launch timing. These results cannot be found when...
Persistent link: https://www.econbiz.de/10005755111
This paper surveys the global health economy, with special emphasis on the allocation of resources, the measurement of medical outcomes and the determinants of international variation. The paper also discusses policy reforms in the major industrialized countries and assesses recent and current...
Persistent link: https://www.econbiz.de/10005755171
This paper surveys the decision-theoretic foundations of health care production and derives policy implications. The priority at the beginning of the 21st century must be to accelerate the diffusion of new medical knowledge, a public good, so that the efficiency in the adoption of new technology...
Persistent link: https://www.econbiz.de/10005700562
Genetic resources are living organisms that contain genetic information which is of importance for biotechnological research and development. Facing an accelerated worldwide loss in species diversity, the question is whether commercial trade with genetic resources can generate sufficient...
Persistent link: https://www.econbiz.de/10005818801
The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...
Persistent link: https://www.econbiz.de/10010955894
The present paper aims at explaining the regional deconcentration of economic activities in (West) Germany during the past two decades. Using an idea-based endogenous growth model that encloses several innovative sectors, and in which economic activity is subject to externalities of...
Persistent link: https://www.econbiz.de/10005755114