Showing 1 - 10 of 10
Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...
Persistent link: https://www.econbiz.de/10005791375
In this paper, we examine how software vulnerabilities affect firms that license software and consumers that purchase … software. In particular, we model three decisions of the firm: (i) an upfront investment in the quality of the software to … software. We also model two decisions of the consumer: (i) whether to purchase the software; and (ii) whether to apply a patch. …
Persistent link: https://www.econbiz.de/10005792060
Using a unique dataset we examine empirically which factors explain output per contributor in open source projects. We find that the output per contributor of open source programmes is much higher when licenses are less restrictive. Further examination suggests that the difference in output per...
Persistent link: https://www.econbiz.de/10005124098
Many cultural products have the same non-rival nature as scientific knowledge. They therefore face identical difficulties in creation and dissemination. One traditional view says market failure is endemic – societies tolerate monopolistic inefficiency in intellectual property (IP) protection...
Persistent link: https://www.econbiz.de/10005498130
Economic development in East Germany is not uniform. The building and construction industry is booming but manufacturing industry is stagnating. The paper argues that severe distortions in relative factor prices are the cause of the dichotomous development. These distortions result from...
Persistent link: https://www.econbiz.de/10005791945
and talents in the transformation process. To a large extent, the emergence of unemployment is an indicator of this …
Persistent link: https://www.econbiz.de/10005792263
The feasibility of systemic reforms may depend on their distributional consequences. The shift to a market economy can be expected to increase wage differentials and unemployment, which will have an adverse effect on income distribution. Income tax reform and the change in the system of consumer...
Persistent link: https://www.econbiz.de/10005504483
's model of equilibrium unemployment highlights the dynamics of labour markets as an important factor in the transformation …
Persistent link: https://www.econbiz.de/10005114238
This paper evaluates the robustness of trade liberalization in Central Europe and the role of the Europe Agreements (EAs) in institutionalizing this process. It finds a) that institutions are still fragile in Central Europe; b) that the EAs are not a great force for liberalism (on either side);...
Persistent link: https://www.econbiz.de/10005114258
The Orange Revolution unveiled significant political and economic tensions between ethnic Russians and Ukrainians in Ukraine. Whether this divide was caused by purely ethnic differences or by ethnically segregated reform preferences is unknown. Analysis using unique micro data collected prior to...
Persistent link: https://www.econbiz.de/10005662374