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Developing a three-sector and four-factor general equilibrium model, this paper offers an explanation of wage inequality in a vertically fragmented production structure typical of off-shore outsourcing to developing countries like China or India. The model characterizes a typical developing...
Persistent link: https://www.econbiz.de/10011111717
observable ex ante proxy for political fragmentation and hypothesizes a strong functional relationship between non … the only challenge to Congress in their locality. However, political fragmentation and bitter fight among political …
Persistent link: https://www.econbiz.de/10011258113
High land fragmentation and accelerated rate of conversion of agriculture land are major challenges for food security … use policy 2012. The paper reviews the effects of previous land management policies on land fragmentation and conversion … fragmentation and high rate of agriculture land conversion could partly be attributed to failures of previous land management …
Persistent link: https://www.econbiz.de/10011113149
In the past two decades, Latin American countries reformed their pension systems focusing mainly on addressing the weaknesses of the contributory schemes - fiscal unsustainability, low coverage levels and a high degree of segmentation- and barely addressed the non-contributory element. The...
Persistent link: https://www.econbiz.de/10005837508
Using a Two-Stage Least Squares procedure, we estimate the relationship between ethnic fragmentation and police … and accounting for simultaneity bias, ethnic fragmentation is positively related to police spending. Our paper contributes …
Persistent link: https://www.econbiz.de/10008543500
lack of consumption smoothing in case of sale. We find that under some reasonable conditions fragmentation increases … of politicization, we find that voice coupled with collective bargaining increases efficiency provided fragmentation is …
Persistent link: https://www.econbiz.de/10008533701
of mankind“ are goals which are still capable of being achieved even where fragmentation, diversification and …
Persistent link: https://www.econbiz.de/10009223337
The emergence of space as a determinant in the functional relations linked to production and growth is a recent development in theories of industrial organization. This paper primarily reviews the contesting themes in explaining changes in relative importance of space. In reference to industrial...
Persistent link: https://www.econbiz.de/10009021972
The authors perform an original research on the fundamentals of winning virtuous strategies creation toward the leveraged buyout transactions implementation during the private equity investment in the conditions of the resonant absorption of discrete information in the diffusion - type financial...
Persistent link: https://www.econbiz.de/10011107335
The condensed research article presents some innovative research results on the venture capital optimal investment portfolio strategies selection in the diffusion-type financial systems in the imperfect highly volatile global capital markets with the incomplete information, which are...
Persistent link: https://www.econbiz.de/10011107583