The paper extends the literature on the political economy of labor market institutions by developing a framework in which owners of capital can benefit from both greater labor market flexibility and better rule of law. Their choice of location of manufacturing centres can, therefore, by...

Alliances often provide a collective good among their allies. This article offers laboratory experimental evidence that the possibility to vote for the exclusion of non-cooperating allies, i.e. ostracism, can be a powerful negative referendum to increase allies’ contributions to the collective...

In this article we introduce the Stata command simcadi. It helps to calculate indicators for the similarity of categorically ordered variables and distribution, respectively. In particular, it permits the calculation of the Cosine index, and indices introduced by Finger and Kreinin (1979), Bray...

This article introduces the Stata program osrmtime, which allows the calculation of distance and travel time between two points using latitude and longitude information. The command takes advantage of the Open Source Routing Machine (OSRM) and of OpenStreetMaps in order to find the optimal route...

We use a novel classification scheme to identify three stages of production in the manufacturing sector: parts, components, and final goods. In particular, we offer evidence on the revealed comparative advantage of the EU-27 countries concerning the three vertically separated stages of...

National economies are linked through flows of capital and goods. This book addresses those linkages, analyzes their benefits for economic development, and evaluates a country’s opportunities to reap the best possible rewards by influencing the linkages. The book focuses on the role of product...