Narrow search
Showing 1 - 10 of 289
Cover Image
Ownership structures and R&D in Europe: the good institutional investors, the bad and ugly impatient shareholders
Brossard, Olivier; Lavigne, Stéphanie; Sakinc, Mustafa … - HAL - 2013
This study examines the relationship between ownership structures in large European companies and their innovative activity in terms of R&D spending. The analysis is performed on a sample of 324 large innovative companies over 8 years. Contrary to the view that institutional investors can have a...
Persistent link: https://www.econbiz.de/10010820798
Cover Image
To what extent do exchange rates and their volatility affect trade ?
Huchet-Bourdon, Maryline; Korinek, J. - HAL - 2011
unequivocally clear picture of the trade impacts of changes in exchange rates. The impact of exchange rate volatility on trade also … their volatility on trade flows in China, the Euro area and the United States in two broadly defined sectors, agriculture on … the one hand and manufacturing and mining on the other. It finds that exchange volatility impacts trade flows only …
Persistent link: https://www.econbiz.de/10010899210
Cover Image
Export Behaviour and Propensity to Innovate in a Developing Country: The Case of Tunisia
Rahmouni, Mohieddine; Yildizoglu, Murat; Ayadi, Mohamed - HAL - 2011
. This article dedicated to this question through the analysis of the first innovation survey of Tunisian firms. We analyze … the relationship between the export behaviour and the innovation propensity of the firms as it can be qualified using … innovation survey in Tunisia. Our results show that firms that address both the domestic and foreign demands (partial- exporters …
Persistent link: https://www.econbiz.de/10009211253
Cover Image
Can open source projects succeed when the producers are not users? Lessons from the data processing field.
JULLIEN, Nicolas; Roudaut, Karine - HAL - 2012
information goods, based on von ippel's user-as-innovator principle (1988): as users benefit from innovation, they have incentive … to produce it, and as they can expect cumulative innovation on their own proposition, they have incentive to share it …
Persistent link: https://www.econbiz.de/10010898829
Cover Image
Capital inflows and exchange rate in LDCs: The Dutch disease problem revisited
Sy, Mouhamadou; Tabarraei, Hamidreza - HAL - 2010
In this paper, the link between capital inflows and real exchange rate movements in LDCs is revisited theoretically and empirically. On the theoretical side we present a simple model to show that the real exchange rate depends mainly on "real fundamentals" such as terms of trade or productivity...
Persistent link: https://www.econbiz.de/10010738808
Cover Image
Real Exchange Rate and Economic Growth: Evidence from Chinese Provincial Data (1992 - 2008)
Chen, Jinzhao - HAL - 2012
This paper studies the convergence, and the role of internal real exchange rate on economic growth in the Chinese provincial level. Using informal growth equation à la Barro [1991] and dynamic panel data estimation, we find conditional convergence among the coastal provinces and among inland...
Persistent link: https://www.econbiz.de/10010738816
Cover Image
A Model of Transfer Problem with Application to LDCs
Sy, Mouhamadou; Tabarraei, Hamidreza - HAL - 2012
This paper studies a form of Dutch disease known as the Transfer problem in developing countries. On the theoretical side, we propose a model which unifies the channel proposed by Keynes (1929), Balassa (1964) and Samuelson (1964), and Yano and Nugent (1999). The real exchange rate dynamic is...
Persistent link: https://www.econbiz.de/10010738849
Cover Image
The Impact of Market Regulations on Intra-European Real Exchange Rates
Bénassy-Quéré, Agnès; COULIBALY, Dramane - HAL - 2014
We study the contribution of market regulations in the dynamics of the real exchange rate within the European Union. Based on a model proposed by De Gregorio et al. (1994a), we show that both product market regulations in nontradable sectors and employment protection tend to inflate the real...
Persistent link: https://www.econbiz.de/10011025937
Cover Image
Origins of the Maturity and Currency Mismatches in the Balance Sheet of Emerging Countries: a Theoretical Approach
Bunda, Irina - HAL - 2003
The aim of this paper is to highlight the origins of the currency and maturity mismatches in the balance sheets of emerging countries. We show that short-term debt in the form of demandable debt works as a commitment device of the financial intermediary and as a form of protection of foreign...
Persistent link: https://www.econbiz.de/10008789653
Cover Image
Purchasing Power Parity for developing and developed countries. What can we learn from non-stationary panel data models?
Drine, Imed; Rault, Christophe - HAL - 2008
The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...
Persistent link: https://www.econbiz.de/10008791812