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The present study is a follow up to a previous paper by the same authors that aimed to systematize the similarities and differences of the economic structures of the countries of the European Union. This errand has been expanded to include the countries of the OECD. The starting point of the...
Persistent link: https://www.econbiz.de/10010982056
The paper presents a decomposition of productivity gap between South-Korea and Estonia for the year 2006. After presenting stylised facts related to income conver-gence, we apply shift-share analysis to explain the patterns of structural disparities both at aggregated sectoral level and within...
Persistent link: https://www.econbiz.de/10010982057
Unterschiedliche Wirtschaftssektoren brauchen wegen ihren technologischen Beson-derheiten und volkswirtschaftlichen Rolle unterschiedliche Spielregeln. Insbesondere gilt es für Infrastrukturbereiche wie Energetik, Transport, Telekommunikation, Kommunalversorgung, aber auch Post. Hier sind in...
Persistent link: https://www.econbiz.de/10010982064
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We analyse the long-run equilibrium and adjustment dynamics in three popular models of economic growth when property rights are absent. The results are compared to the outcome in the corresponding economy with secure property rights.
Persistent link: https://www.econbiz.de/10005474980
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If firms demand heterogeneous working qualifications, each has to decide whether to choose its preferred qualification and be incompatible to other firms' qualifications or to standardize and choose the same qualification as other firms. The model analyses whether advanced training, which...
Persistent link: https://www.econbiz.de/10005474982
This paper applies n-person cooperative game theory to analyze the efficient cost allocation problem of a three communities contructing a common sewage system.
Persistent link: https://www.econbiz.de/10005474983
Hight- and Low-quality workers are organized in their respective unions. Downward compatibility of high-quality workers enhances the perceived work qualities of both groups and increases the demand for low-quality workers. Welfare effects are analysed.
Persistent link: https://www.econbiz.de/10005474984