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Referierte Aufsätze Web of Science
it is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face different external career opportunities depending on their nationality. We test whether the career prospect of being ...
In:
Management Science
62 (2016), 6, S. 1645-1667
| Jeanine Miklós-Thal, Hannes Ullrich
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Referierte Aufsätze Web of Science
While MNEs from emerging markets — and China in particular — tend to pay high acquisition premiums when they engage in cross-border acquisition activity, the determinants of this overbidding are not completely understood. We argue that state ownership is a key factor in explaining the high acquisition premiums paid by emerging-market multinationals. Employing data on 450 Chinese outward cross-border ...
In:
Long Range Planning
49 (2016), 5, S. 614-631
| Wenxin Guo, Joseph A. Clougherty, Tomaso Duso
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Referierte Aufsätze Web of Science
We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990–2009 period. Our empirical results suggest phase-1 remedies uniquely generate robust deterrence as—unlike phase-1 withdrawals, phase-2 remedies, and preventions—phase-1 remedies lead to fewer merger notifications in subsequent years. Furthermore, the deterrence effects of phase-1 remedies work best ...
In:
Economic Inquiry
54 (2016), 4, S. 1884-1903
| Joseph A. Clougherty, Tomaso Duso, Miyu Lee, Jo Seldeslachts
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Referierte Aufsätze Web of Science
This study empirically analyses how the use of fixed-term employment affects labour productivity of establishments. To this end, a large data set of German manufacturing establishments and various panel data models are used in order to test the expected non-linear relationship between labour productivity and the use of fixed-term employees. The analysis takes into account the possible distortions that ...
In:
International Labour Review
155 (2016), 4, S. 535-562
| Sebastian Nielen, Alexander Schiersch
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Referierte Aufsätze Web of Science
The international transmission of knowledge through import spillovers, as a source of Total Factor Productivity (TFP) growth, has received much attention in the literature. We investigate two additional direct channels through which R&D disseminates: the import of high-technology goods and the internationalization of business R&D. Building on an extensive data-set, covering both developing and industrial ...
In:
The Journal of International Trade & Economic Development
25 (2016), 4, S. 590-613
| Heike Belitz, Florian Mölders
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Referierte Aufsätze Web of Science
Our study provides evidence for firms’ evaluation of location quality. We use a 2004 survey of 6,000 East German firms that contained questions on the importance and assessment of 15 different location factors ranging from closeness to customers and suppliers, transport infrastructure, and proximity to research institutions and universities, as well as questions about the local financial institutions ...
In:
Jahrbücher für Nationalökonomie und Statistik
236 (2016), 2, S. 241-273
| Alexander Eickelpasch, Georg Hirte, Andreas Stephan
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Referierte Aufsätze Web of Science
Foundational to management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g., investments, trainings, strategies and other managerial decision variables) potentially suffer from self-selection based endogeneity ...
In:
Organizational Research Methods
19 (2016), 2, S. 286-347
| Joseph A. Clougherty, Tomaso Duso, Johannes Muck
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Referierte Aufsätze Web of Science
We analyze the role public support plays in small and medium-sized enterprises (SMEs) R&D financing as well as these firms’ assessments of financing conditions in the context of other framework conditions for innovation. Using the sample of 2,708 German SMEs that participated in public R&D promotion programs during 2005–10, we identify four unique types of R&D financing. Firms are generally positive ...
In:
Science & Public Policy
43 (2016), 2, S. 245-261
| Heike Belitz, Anna Lejpras
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Referierte Aufsätze Web of Science
Nonparametric efficiency analysis has become a widely applied technique to support industrial benchmarking as well as a variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the correct specifications of inputs and outputs. Simar and Wilson (Commun Stat Simul Comput 30(1):159–184, 2001) and Schubert and Simar (J Prod Anal 36(1):55–69, ...
In:
Journal of Productivity Analysis
45 (2016), 1, S. 35-51
| Anne Neumann, Maria Nieswand, Torben Schubert
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Referierte Aufsätze Web of Science
This paper evaluates the price effects of the merger of two major U.K. book retailers. We use a dataset containing monthly scanner data on a sample of 200 books in 50 local markets for four years around the merger. We compare the price changes after the merger in shops located in areas where both chains were present before the merger and in areas where only one chain was present. We also investigate ...
In:
The Journal of Industrial Economics
64 (2016),1, S. 170-200
| Luca Aguzzoni, Elena Argentesi, Lorenzo Ciari, Tomaso Duso, Massimo Tognoni