-
Referierte Aufsätze Web of Science
This paper empirically investigates the link between political patronage and bank performance for Ukraine during 2003Q3-2005Q2. We find significant differences between politically affiliated and non-affiliated banks. The data suggest that affiliated banks have significantly lower interest rate margins and increase their capitalization. Furthermore, we show that the level of activity of affiliated deputies ...
In:
Economics of Transition
16 (2008), 3, S. 537-557
| Christopher F. Baum, Mustafa Caglayan, Dorothea Schäfer, Oleksandr Talavera
-
Referierte Aufsätze Web of Science
The paper tests for the existence of human capital externalities using a micro-level approach: the Mincerian wage regression augmented with the average level of education in cities. To solve identification problems arising from the endogeneity of average education, the study exploits a natural experiment provided by the process of economic transition: average education at the end of communism can be ...
In:
Economics of Transition
16 (2008), 3, S. 415-443
| Alexander Muravyev
-
Referierte Aufsätze Web of Science
This paper discusses long-term contracts as a particular organizational form situated somewhere between full vertical integration and short-term, market-based trading in the natural gas industry. We focus on the determinants of the duration of contracts under changing technical, economic, and institutional conditions. Using 311 long-term contracts we find that duration decreases as international market ...
In:
Review of Industrial Organization
32 (2008), 2, S. 131-143
| Christian von Hirschhausen, Anne Neumann
-
Referierte Aufsätze Web of Science
This paper provides a cross-country efficiency analysis of electricity distribution companies in the East European transition countries of Poland, the Czech Republic, Slovakia and Hungary. We use common nonparametric efficiency measurement such as Data Envelopment Analysis (DEA) and Free Disposal Hull (FDH) under different assumptions and apply recent developments of statistical inference in nonparametric ...
In:
Journal of Productivity Analysis
29 (2008), 2, S. 155-167
| Astrid Cullmann, Christian von Hirschhausen
-
Referierte Aufsätze Web of Science
In this paper, we test the hypothesis that the economic transition toward a market economy increases the efficiency of firms. We study 32 Polish electricity distribution companies between 1997 and 2002, by applying common benchmarking methods to the panel: the non-parametric data envelopment analysis (DEA), the free disposal hull (FDH), and, as a parametric approach, the stochastic frontier analysis ...
In:
Economics of Transition
16 (2008), 2, S. 335-357
| Astrid Cullmann, Christian von Hirschhausen
-
Referierte Aufsätze Web of Science
The purpose of the paper is to assess the theory that the downside risk insurance provided by more generous welfare states generates long run efficiency gains, which counterbalance the short run efficiency losses caused by work disincentives in these states (Feldstein 1974, 1976; Sinn 1995, 1996). Testing downside risk theory requires long term data, so the paper makes use of the three longest running ...
In:
Social Indicators Research
86 (2008), 2, S. 213-231
| Bruce Headey
-
Referierte Aufsätze Web of Science
Though information about jobs passed through personal networks has been central to the labor market integration of immigrants in the United States, its role in the economic absorption of immigrants in Germany, where jobs are scarcer and employers more likely to demand formal qualifications, is less clear. Through analysis of German Socio-Economic Panel data, we discovered that nearly half of all immigrant-origin ...
In:
International Migration Review
42 (2008), 2, S. 425-448
| Anita I. Drever, Onno Hoffmeister
-
Referierte Aufsätze Web of Science
The local business tax as the main revenue source of local governments in Germany has been under extensive debate for decades. Proposals for reform range from a pure profit tax to an origin-based value-added tax. Local business taxation systems in OECD countries actually represent the whole spectrum between these two extremes. We use a newly developed microsimulation model for the business sector in ...
In:
Finanzarchiv
64 (2008), 2, S. 245-272
| Frank M. Fossen, Stefan Bach
-
Referierte Aufsätze Web of Science
Economic disparities between the regions of the European Union are of constant concern both for policy and economic research. In this paper, we examine whether there are overlapping trends of regional development in the EU: overall convergence, on the one hand, and persistent or even increasing spatial concentration (agglomeration), on the other. Kernel density estimation, Markov chain analysis and ...
In:
Papers in Regional Science
87 (2008), 2, S. 193-217
| Kurt Geppert, Andreas Stephan
-
Referierte Aufsätze Web of Science
While several European and national studies have dealt with the acceptability of road pricing schemes for passenger transport, only sparse research is available on this issue for freight transport. Against this background, the paper deals with the acceptability of the German road user-charging scheme for heavy goods vehicles by the road haulage industry. It presents the findings of an internet-based ...
In:
Transport Reviews
28 (2008), 2, S. 141-158
| Heike Link