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Referierte Aufsätze Web of Science
The rapid changes in the transition economies must be evaluated in a comparative context. This paper provides a comprehensive comparative analysis using a large panel data set of market economies as a reference point. We wish to establish the extent and speed with which the structures of the transition economies converge toward other country groups, ranked according to income levels. The exercise provides ...
In:
Eastern European Economics
45 (2007), 4, S. 5-35
| Ulrich Thießen, Paul R. Gregory
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Referierte Aufsätze Web of Science
High failure rates and low average returns suggest that too many people may be entering markets as entrepreneurs. Thus, anticipating how one will perform in the market is a fundamental component of the decision to start a business. Using a large sample obtained from population surveys conducted in 18 countries, we study what variables are significantly associated with the decision to start a business. ...
In:
Journal of Economic Psychology
28 (2007), 4, S. 502-527
| Philipp Köllinger, Maria Minniti, Christian Schade
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Referierte Aufsätze Web of Science
Top-down computable general equilibrium (CGE) models are used extensively for analysis of energy and climate policies. Energy-intensive industries are usually represented in top-down economic models as abstract economic production functions, commonly of the constant-elasticity-of-substitution (CES) or translog functional form. This study explores methods for improving the realism of energy-intensive ...
In:
Energy Economics
29 (2007), 4, S. 799-825
| Katja Schumacher, Ronald D. Sands
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Referierte Aufsätze Web of Science
In this paper we develop an economic model that explains the decision-making problem under uncertainty of an industrial firm that wants to invest in a process technology. More specifically, the decision is between making an irreversible investment in a combined heat-and-power production (cogeneration) system, or to invest in a conventional heat-only generation system (steam boiler) and to purchase ...
In:
Energy Economics
29 (2007), 4, S. 934-952
| Marcel Wickart, Reinhard Madlener
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Referierte Aufsätze Web of Science
The aggregate average wage is often used as an indicator of economic performance and welfare, and as such often serves as a benchmark for changes in the generosity of public transfers and for wage negotiations. Yet if economies experience a high degree of (non-random) fluctuation in employment, the composition of the employed population will have a considerable effect on the computed average. In this ...
In:
Economics of Transition
15 (2007), 4, S. 759-779
| Michal Myck, Leszek Morawski, Jerzy Mycielski
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Referierte Aufsätze Web of Science
In this study we first analyze duties on passenger cars in 27 European countries. Taxes and fees related to the registration, ownership and use of cars are assessed differently across Europe, and their rates vary significantly. We find that the annual taxes levied on specific types of cars differ across countries by a factor of up to four, while the variouskinds of duties levied account for extremely ...
In:
Transport Policy
14 (2007), 4, S. 306-316
| Uwe Kunert, Hartmut Kuhfeld
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Referierte Aufsätze Web of Science
This paper explores the relationship between two well-established concepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income, and relative deprivation, i.e. the gaps between the individual's income and the incomes of all individuals richer than him. Operationalizing both concepts using micro panel data from the German Socio-Economic Panel, ...
In:
Social Indicators Research
81 (2007), 3, S. 497-519
| Conchita D'Ambrosio, Joachim R. Frick
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Referierte Aufsätze Web of Science
This paper analyzes the origins and welfare consequences of buyer power. We show that if suppliers are capacity constrained or have strictly convex costs, there are two different channels through which large buyers can obtain more favorable terms from their suppliers. In particular, we show how the presence of large buyers can then erode the value of suppliers' outside option. Somewhat surprisingly, ...
In:
European Economic Review
51 (2007), 3, S. 647-667
| Roman Inderst, Christian Wey
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Referierte Aufsätze Web of Science
This article investigates Turkey's sectoral trade flows to the EU based on panel data from the period 1988 to 2002. Turkey's 16 most important export sectors are analysed. Emphasis is placed on the role of price competition, EU protection and transport costs in the export trade between Turkey and the EU. The empirical model used is an extended version of the gravity model. This study is also a contribution ...
In:
Journal of Common Market Studies
45 (2007), 3, S. 719-743
| Felicitas Nowak-Lehmann Danziger, Dierk Herzer, Inmaculada Martinez-Zarzoso, Sebastian Vollmer
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Referierte Aufsätze Web of Science
We use nonparametric production-frontier methods to decompose the growth of labor productivity of Chinese provinces in the post-reform period. These techniques, combined with kernel density estimates, allow us to decompose the shift in the distribution of labor productivity without the need for many assumptions common in the empirical growth literature. We find that (1) the distribution of output per ...
In:
Journal of Macroeconomics
29 (2007), 3, S. 569-594
| Daniel J. Henderson, Kiril Tochkov, Oleg Badunenko