Showing 1 - 10 of 766
Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...
Persistent link: https://www.econbiz.de/10013133623
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the...
Persistent link: https://www.econbiz.de/10013051449
We study the age- and gender-specific labour market effects of two key modern technologies, Information and Communication Technologies (ICT) and robots, in 14 European countries between 2010 and 2018. To identify the causal effects of technology adoption, we utilise the variation in technology...
Persistent link: https://www.econbiz.de/10014237199
Using an open-ended contingent valuation survey, we analyze how (i) experience of a power outage due to one of the worst storms ever to hit Sweden and (ii) a cheap talk script affect respondents' WTP to avoid power outages. Experience significantly increases and a cheap talk script decreases the...
Persistent link: https://www.econbiz.de/10013157749
This study explores the role of governance in improving infrastructure reliability. It estimates that increasing … infrastructure spending and improving governance in parallel is six times more effective at enhancing transport system performance … infrastructure maintenance is as effective as 1.5 dollar of new investments in many OECD economies. Overall, the evidence in this …
Persistent link: https://www.econbiz.de/10012051927
This review examines the literature on the welfare impacts of infrastructure disruptions. There is widespread evidence … that households suffer from the consequences of a lack of infrastructure reliability, and that being connected to the grid … is not sufficient to close the infrastructure gap. Disruptions and irregular service have adverse effects on household …
Persistent link: https://www.econbiz.de/10012052017
The paper provides the first consistently estimated data set on infrastructure investments in low- and middle …-income countries. To do so, the authors identify three possible proxies for infrastructure investments: two are variants on gross fixed …'s BOOST database. Two of these proxies rely on the World Bank's Private Participation in Infrastructure database to capture …
Persistent link: https://www.econbiz.de/10012004851
We use data from over 20,000 firms in 60 countries to identify constraints on the growth offirms. We interpret managers´ answers to survey questions on the extent to which variousaspects of their external environment inhibit the performance of their firm as measuring theshadow cost of...
Persistent link: https://www.econbiz.de/10005861835
Culture as reflected in social and religious norms may be pivotal to social organization in a decentralised economy where local authorities are responsible for the provision of local public goods. We distinguish between individualist and collectivist cultures to argue that collectivist culture...
Persistent link: https://www.econbiz.de/10013136493
pressure on provincial governments in terms of local infrastructure investments and urban services delivery. With an annual … shortfall of US$9 billion in funding for local infrastructure investments, provincial governments in Vietnam need to move toward … associated with a shift toward a more affordable and efficient local infrastructure financing model and presenting a preliminary …
Persistent link: https://www.econbiz.de/10012644128