Showing 1 - 10 of 761
This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited a priori information. The econometrics hinges on a...
Persistent link: https://www.econbiz.de/10013088340
This paper takes a retrospective look at the U.S. government's effort to rescue and restructure General Motors and Chrysler in the midst of the 2009 economic and financial crisis. The paper describes how two of the largest industrial companies in the world came to seek a bailout from the U.S....
Persistent link: https://www.econbiz.de/10013026436
, evidence does not conflict with the idea that innovation may be driven by output. Using a balanced panel of 216 Italian …
Persistent link: https://www.econbiz.de/10012754373
Are some management practices akin to a technology that can explain company and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We find large cross-country differences in the...
Persistent link: https://www.econbiz.de/10012988568
We investigate the role of factor-priced-induced innovation in mediating the employment impact of expanding production … in China. Our empirical approach implements concepts developed in Acemoglu (2010) and complements the approaches … summarized by Wei, Xie, and Zhang (2017) that focus on directly observable aspects of innovation (R&D, patent activity, etc …
Persistent link: https://www.econbiz.de/10012957004
Using data from CHIPS 1995-2013, we find polarization of employment from middle-income Skilled jobs to work in the Unskilled and Self-Employment job categories. This redistribution of employment is consistent with the automation of routine noncognitive tasks in the skilled sector as analyzed in...
Persistent link: https://www.econbiz.de/10012916985
rising wages have induced labor-saving innovation in China, at least in the decade of the 1990s, but less so or not at all …We investigate the effect of rising labor costs on induced technological change in China's secondary industry. While …/environmental protection, there has been little evidence relating to China's adjustments as rising labor costs affect its global …
Persistent link: https://www.econbiz.de/10012838478
This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to...
Persistent link: https://www.econbiz.de/10013155322
two (input and output) dimensions of innovation into a unique efficiency perspective. To this aim, the impact of public … sample of firm-level data drawn from the third Italian Community Innovation Survey (CIS). A bivariate endogenous switching … the innovation subsidy; far from 'doing better' as a result of government intervention, supported firms appear to exhaust …
Persistent link: https://www.econbiz.de/10013067882
Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an … improve the effectiveness of government support for innovation …
Persistent link: https://www.econbiz.de/10014241969