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This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two … planner prefer the R&D-cooperative strategy over the competitive one regardless of the intensity of knowledge spillovers … venture, the firms do not necessary choose the highest degree of cooperation available. …
Persistent link: https://www.econbiz.de/10005094393
We construct an asymmetri c duopolistic R&D and production behavior model subject to knowledge spillovers. This model …
Persistent link: https://www.econbiz.de/10005094507
We document the spatial diffusion of Friedrich Froebel’s radical invention of kindergartens in 19th-century Germany. The first kindergarten was founded at Froebel’s birthplace. Early spatial diffusion can be explained by cultural proximity, measured by historical dialect similarity, to...
Persistent link: https://www.econbiz.de/10010761527
Demographic change will be one of the most challenging issues for industrialized economies in the decades to come. In this paper, we focus on the impact of demographic change on labour markets. By setting up a stylized model of a regional labour market, we are able to analyze the interaction of...
Persistent link: https://www.econbiz.de/10013316521
-national governments. We look at a model where districts of different size provide local public goods with positive spillovers. Matching …
Persistent link: https://www.econbiz.de/10013317317
Various authors, most notably Putnam (2000), have argued that low-density living reduces social capital and thus social interaction, and this argument has been used to buttress criticisms of urban sprawl. If low densities in fact reduce social interaction, then an externality arises, validating...
Persistent link: https://www.econbiz.de/10013317341
It is a widely held opinion that apprenticeship training represents a net investment for training firms, and that therefore firms only train if they have the possibility to recoup these investments after the training period. A recent study using a new firm-level dataset for Switzerland showed,...
Persistent link: https://www.econbiz.de/10005405833
The Bologna process aims at creating a European Higher Education Area where inter-country mobility of students and staff, as well as workers holding a degree, is facilitated. While several aspects of the process deserve wide public support, the reduction of the length of the first cycle of...
Persistent link: https://www.econbiz.de/10005405938
Most existing empirical evidence on the impact of profit taxation on multinational firm activity is based on cross-country data. One major drawback of such data is that countries differ not only with regard to taxes but along other dimensions which might be hard to capture by means of observable...
Persistent link: https://www.econbiz.de/10005196196
We develop an economic theory of tolerance where lifestyles and traits are invested with symbolic value by people. Value systems are endogenous and taught by parents to their children. In conjunction with actual behavior, value systems determine the esteem enjoyed by individuals. Intolerant...
Persistent link: https://www.econbiz.de/10012777299