Showing 1 - 10 of 192
This paper examines the relationship between the environmental and economic performance of firms in the European paper manufacturing industry. Based on panel data, it first investigates the relationship separately, with the analysis based on four hypotheses formulated with regard to country...
Persistent link: https://www.econbiz.de/10005422842
We use a semiparametric additive model to study the relationship between protected area, income, trade, population, education, and political institutions in a sample of 89 countries. The results show the nonexistence of environmental Kuznets curve in the data sample. The study also points out...
Persistent link: https://www.econbiz.de/10005422871
We analyze the performance of firms in the German business-related services sector. A quarterly business survey provides the panel data base of our study. Firm performance is measured by the survey respondents’ ordinal indication of their changes in total sales. We use a first-order Markov...
Persistent link: https://www.econbiz.de/10005422872
We compare the experimental results of three stag-hunt games. In contrast to Battalio et al. (2001), our design keeps the riskiness ratio of the payoff-dominant and the risk-dominant strategies at a constant level as the optimisation premium is increased. We define the riskiness ratio as the...
Persistent link: https://www.econbiz.de/10005696556
This paper studies an optimal endogenous growth model using physical capital, labor and two kinds of natural resources in the final goods sector and employing labor to accumulate knowledge. Based on results in calculus of variations, a direct proof of existence of optimal solution is provided....
Persistent link: https://www.econbiz.de/10008751505
This paper proposes a semiparametric analysis for the study of the relationship between energy consumption per capita and income per capita for an international panel data. It shows little evidence for the existence of an environmental Kuznets curve for energy consumption. Energy consumption...
Persistent link: https://www.econbiz.de/10005328270
We use two datasets to study the convergence process across European regions. Relying on Quah (1966a,1997), we examine the dynamics of income distribution and find evidence of polarization whatever the time horizon considered. Regions whose incomes were close together at an initial period...
Persistent link: https://www.econbiz.de/10005110866
This work explores and reviews the introduction of real option in the strategic management literature. The aim is to contribute to a better understanding of the origin of the real option. By distinguishing between shadow and real option, and implementing entrepreneurship in the traditional...
Persistent link: https://www.econbiz.de/10005422833
This paper analyzes a model of sequential parimutuel betting described as a two-horse race with a finite number of noise bettors and a finite number of strategic and symmetrically informed bettors. For generic objective probabilities that the favorite wins the race, a unique subgame perfect...
Persistent link: https://www.econbiz.de/10005422834
Demography-based income forecasting has recently gained enormous popu- larity. Malmberg and Lindh (ML, 2005) in an important contribution forecast global income by incorporating demographic age information where the vari- ables were assumed to be stationary. Drawing on the insights from recent...
Persistent link: https://www.econbiz.de/10005422835