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  1. Footloose capital, market access, and the geography of regional state aid
    Erschienen: 2001
    Verlag:  Hamburg Institute of International Economics (HWWA), Hamburg

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  2. Footloose capital, market access, and the geography of regional state aid
    Erschienen: 2001
    Verlag:  HWWA, Öffentlichkeitsarbeit, Hamburg

  3. Capital nationality and economic development
    Erschienen: 2022
    Verlag:  University of Massachusetts Amherst, Amherst

    This paper reviews different literature strands and performs an empirical test to evaluate how capital ownership, particularly its nationality, might affect long-run economic develop- ment. Our results indicate that low and middle-income countries... mehr

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    This paper reviews different literature strands and performs an empirical test to evaluate how capital ownership, particularly its nationality, might affect long-run economic develop- ment. Our results indicate that low and middle-income countries with larger foreign capital stock in 1980 had lower economic growth over the next 39 years. The estimations also indi- cate that these economies developed a less specialized export basket, which became relatively more concentrated in low-tech goods. The results are inverted to high-income economies, for which the effects are positive on GDP growth and export specialization and complexi- fication. The results are in line with the evidence that countries can benefit from foreign investment only if they have sufficiently developed 'absorptive capabilities' (e.g., financial markets and human capital). The results can also be interpreted in light of theoretical and empirical evidence that foreign capital might reinforce static comparative advantages in developing economies, particularly in middle-income ones.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/283953
    Schriftenreihe: Economics Department working paper series ; 2022, 23
    Schlagworte: capital ownership; development; FDI; specialization
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  4. Profits, R&D and labour
    breaking the law of diminishing returns to labour
    Autor*in: Amoroso, Sara
    Erschienen: 2015
    Verlag:  European Commission, Seville, Spain

    A basic assumption in the economic literature is the one of diminishing marginal returns to labour. However, theoretical studies on knowledge and labour specialization assume that an increase in the knowledge investment embodied in the human capital... mehr

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    A basic assumption in the economic literature is the one of diminishing marginal returns to labour. However, theoretical studies on knowledge and labour specialization assume that an increase in the knowledge investment embodied in the human capital of workers raises the marginal product of labour. In this paper, we propose a structural approach to test the hypothesis of nondiminishing returns to labour for a panel data set of R&D investing companies, and we explore how the marginal returns to labour vary with their level of knowledge capital (R&D) intensity. Our econometric analysis provides a number of results. First, we find that more knowledge intensive firms have non-diminishing returns to labour, while less knowledge intensive companies exhibit diminishing returns. Second, independently from the knowledge capital intensity, returns to labour increase with size. Relatively smaller firms have diminishing returns, while larger companies have nondiminishing to increasing returns to labour. However, we show that more knowledge intensive firms can attain the threshold of non-diminishing returns faster than their counterparts.

     

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    hdl: 10419/202162
    Schriftenreihe: IPTS working paper on corporate r&d and innovation ; no. 2015, 10
    Schlagworte: size; specialization; profitability; profit function
    Umfang: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  5. Economics of voluntary information sharing
    Erschienen: [2018]
    Verlag:  School of Economics and Finance, Queen Mary University of London, London

    We show that lenders join a U.S. commercial credit bureau when information asymmetries between incumbents and entrants create an adverse selection problem that hinders market entry. Lenders also delay joining when information asymmetries protect them... mehr

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    We show that lenders join a U.S. commercial credit bureau when information asymmetries between incumbents and entrants create an adverse selection problem that hinders market entry. Lenders also delay joining when information asymmetries protect them from competition in existing markets, consistent with lenders trading off new market entry against heightened competition. We exploit shocks to information coverage to show that lenders enter new markets after joining the bureau in a pattern consistent with this trade-off. Our results illuminate why intermediaries voluntarily share information and show how financial technology that mitigates information asymmetries can shape the boundaries of lending.

     

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    hdl: 10419/210434
    Schriftenreihe: Working paper / School of Economics and Finance, Queen Mary University of London ; no. 869 (September 2018)
    Schlagworte: information sharing; adverse selection; specialization; financial intermediation; collateral; credit bureaus; fintech
    Umfang: 1 Online-Ressource (circa 62 Seiten)
  6. Specialization matters in the firm size-wage gap
    Erschienen: [2018]
    Verlag:  Centre for Economic Performance, London School of Economics and Political Science, London

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    Schriftenreihe: CEP discussion paper ; no 1545 (May 2018)
    Schlagworte: firm size-wage gap; specialization; division of labor
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  7. Regions and trademarks
    research opportunities and policy insights from leveraging trademarks in regional innovation studies
    Erschienen: [2021]
    Verlag:  Utrecht University, Human Geography and Planning, [Utrecht]

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    Schriftenreihe: Papers in evolutionary economic geography ; # 21, 38
    Schlagworte: trademarks; regions; geography; intangibles; innovation; specialization; diversification
    Umfang: 1 Online-Ressource (circa 38 Seiten)
  8. Gender differences in economics PhD field specializations with correlated choices
    Erschienen: October 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We model the process of field specialization choice among beginning economists within a multivariate logit framework that accommodates single and dual primary field specializations and incorporates correlations among field specialization choices.... mehr

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    We model the process of field specialization choice among beginning economists within a multivariate logit framework that accommodates single and dual primary field specializations and incorporates correlations among field specialization choices. Conditioning on personal, economic, and institutional variables reveals that women graduate students are less likely to specialize in Labor/Health, Macro/Finance, Industrial Organization, Public Economics, and Development/Growth/International and are more likely to specialize in Agricultural/Resource/Environmental Economics. Field-specific gender faculty ratios and expected relative salaries as well as economics department rankings are significant factors for gender doctoral specialization dissimilarity. Preferences and characteristics contribute about equally to field specialization dissimilarity.

     

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    hdl: 10419/250439
    Schriftenreihe: Discussion paper series / IZA ; no. 14778
    Schlagworte: gender; economics; specialization; salaries
    Umfang: 1 Online-Ressource (circa 56 Seiten)
  9. Gender differences in economics PhD field specializations with correlated choices
    Erschienen: 2021
    Verlag:  Global Labor Organization (GLO), Essen

    We model the process of field specialization choice among beginning economists within a multivariate logit framework that accommodates single and dual primary field specializations and incorporates correlations among field specialization choices.... mehr

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    We model the process of field specialization choice among beginning economists within a multivariate logit framework that accommodates single and dual primary field specializations and incorporates correlations among field specialization choices. Conditioning on personal, economic, and institutional variables reveals that women graduate students are less likely to specialize in Labor/Health, Macro/Finance, Industrial Organization, Public Economics, and Development/Growth/International and are more likely to specialize in Agricultural/Resource/Environmental Economics. Field-specific gender faculty ratios and expected relative salaries as well as economics department rankings are significant factors for gender doctoral specialization dissimilarity. Preferences and characteristics contribute about equally to field specialization dissimilarity.

     

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    hdl: 10419/243140
    Schriftenreihe: GLO discussion paper ; no. 953
    Schlagworte: gender; economics; specialization; salaries
    Umfang: 1 Online-Ressource (circa 55 Seiten)
  10. Shaking criminal incentives
    Erschienen: [2019]
    Verlag:  Adam Smith Business School University of Glasgow], [Glasgow

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    Schriftenreihe: [Discussion papers / Adam Smith Business School University of Glasgow] ; 2019, 13
    Schlagworte: crime; burglary; value; housing damage; specialization
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  11. Port-city linkages and multi-level hinterlands
    the case of France
    Erschienen: [2021]
    Verlag:  EconomiX - UMR7235, Université Paris Nanterre, Nanterre

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    Schriftenreihe: Working paper / EconomiX ; 2021, 29
    Schlagworte: AIS; hinterland; maritime transport; port city; specialization; supply chain
    Umfang: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  12. Does paternity leave promote gender equality within households?
    Erschienen: November 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    We consider a non-cooperative model of the household, in which the husband and wife decide on parental leave and the allocation of time between child rearing and the labor market. They can choose the non-cooperative outside option or cooperate by... mehr

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    We consider a non-cooperative model of the household, in which the husband and wife decide on parental leave and the allocation of time between child rearing and the labor market. They can choose the non-cooperative outside option or cooperate by reaching an agreement of specialization in which the wife specializes in raising kids (home production) while the husband works and transfers consumption to his wife. The model identifies three distinct groups of couples: Egalitarian couples (with a sufficiently low gender wage gap), Intermediate-gap couples (with an intermediate gender wage gap) and high-gap couples (with a sufficiently high gender wage gap). Our model predicts that while egalitarian couples never specialize and always share home production, those with intermediate and high gaps do have such an agreement. An expansion in paternity leave reduces the net benefits from the agreement and moves the intermediate-gap couples to their outside option where women work more and men do more home production. As a result, the cost of raising children increases and fertility declines. Assuming a loss of utility from children in the case of divorce, lower fertility increases the probability of divorce. Using Spanish data and RDD analysis, we confirm our model’s predictions. Specifically, while we don’t find systematic effects of paternity leave expansion on egalitarian and high-gap couples, we find that, among intermediate-gap couples, the two-week paternity leave introduced in 2007 resulted in a reduction in fertility by up to 60%, an increase in the probability to divorce by 37%, and an increase in father’s childcare and housework time as much as 2-3 hours per day.

     

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    hdl: 10419/248975
    Schriftenreihe: CESifo working paper ; no. 9430 (2021)
    Schlagworte: gender equality; specialization; fertility; divorce; time allocation
    Umfang: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  13. Shaking criminal incentives
    Erschienen: November 2019
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We study criminal incentives exploiting the devastating shock of the 1995 Kobe earthquake. Evidence shows that the earthquake decreased burglaries but left other crime types unaffected. The effect stays significant even after controlling for... mehr

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    We study criminal incentives exploiting the devastating shock of the 1995 Kobe earthquake. Evidence shows that the earthquake decreased burglaries but left other crime types unaffected. The effect stays significant even after controlling for unemployment, policing and income. We corroborate this by instrumenting damages with the distance from the earthquake epicentre. These findings survive various robustness checks under different specifications. The evidence is consistent with a simple theory of crime, value and specialization. We conclude that burglars respond to damages that devaluate their prospective takings. Yet, they cannot shift their specialization and substitute burglaries with other crime types.

     

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    hdl: 10419/215177
    Schriftenreihe: Discussion paper series / IZA ; no. 12781
    Schlagworte: crime; burglary; value; housing damage; specialization
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  14. Does decentralization of governance promote urban diversity?
    evidence from Spain
    Erschienen: 2019
    Verlag:  European Commission, Seville

    The worldwide trend to decentralize the responsibilities and budgets of governments impacts local firm dynamics in various ways. We use the example of Spain to test empirically whether the decentralization of governance has been conducive to... mehr

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    The worldwide trend to decentralize the responsibilities and budgets of governments impacts local firm dynamics in various ways. We use the example of Spain to test empirically whether the decentralization of governance has been conducive to increased diversification and a more even city-size distribution in the Spanish urban system during a period of continuous reductions in transport costs. To this end we develop a bivariate probit regression framework to assess the probability that cities diversify or specialize over time, using a sample of 69 urban areas in Spain during the period 1995-2007. We exploit unique firm-level and time-varying transport-cost data to control for the role of a city's market potential, city size, transport costs, labor-force skill composition, product standardization and historical patterns of specialization. We find a high probability that a city will diversify if it is the capital of a regional government or located in a relatively decentralized region, while the opposite is true for the probability that a city will specialize. Also, we find that a city's status as a regional capital reinforces the positive effect of a high (low) internal market potential on the probability of diversification (specialization). A high (low) external market potential only increases the probability that a city will become specialized (diversified) if it is a regional capital. We argue that the link between decentralization and specialization patterns in the urban system deserves more attention in the empirical literature on decentralization's impact on economic growth, income inequality and regional disparities.

     

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    hdl: 10419/227678
    Schriftenreihe: JRC working papers on territorial modelling and analysis ; no 2019, 07
    Schlagworte: Rhomolo; Region; Growth; Decentralization; urban diversity; specialization; generalized transport costs; Spain
    Umfang: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  15. Produção de trigo no Brasil: indicadores regionais e políticas públicas
    Erschienen: novembro de 2020
    Verlag:  Instituto de Pesquisa Econômica Aplicada, Brasília

    The aim is to verify whether wheat production has expanded to other regions, in addition to the South, in order to make the country self-sufficient in the supply of the product. Although wheat is the second most produced cereal in the world, its... mehr

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    The aim is to verify whether wheat production has expanded to other regions, in addition to the South, in order to make the country self-sufficient in the supply of the product. Although wheat is the second most produced cereal in the world, its production is unevenly distributed regionally. In the case of Brazil, the country has historically resorted to imports to meet the domestic demand. With production concentrated in the South, the nationally produced supply meets half of domestic consumption and, for this reason, the national supply of derivative products is subject to fluctuations in international prices and exchange rates, as well as the availability of raw materials in other markets. This article describes the evolution and the potential of wheat production in Brazil, identifying the policies that fostered cultivation and the actions that dynamized the production chain. Furthermore, the influence of research and development in increasing productivity and, especially, the quality of national wheat is shown. Through the use of location and specialization measures, it was identified that, as of 2010, the states of Sao Paulo and Minas Gerais increased the production of wheat in the Southeast region, in a movement of restructuring and productive regional reorganization. This restructuring is based on science and technology, combined with pressure from domestic demand for the product.

     

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    Sprache: Portugiesisch
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    Weitere Identifier:
    hdl: 10419/240802
    Schriftenreihe: Texto para discussão / Ipea ; 2608
    Schlagworte: agriculture; agricultural policy; regional economy; specialization
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  16. L' ouverture économique à la mondialisation pour les pays du Moyen Orient et de l'Afrique du Nord
    Erschienen: [2019]

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    Sprache: Französisch
    Medientyp: Dissertation
    Format: Online
    Schlagworte: Trade openness; specialization; financial openness; institutions
    Umfang: 1 Online-Ressource (circa 212 Seiten), Illustrationen
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    Dissertation, Université Paris-Saclay, 2019

  17. Railroads, specialization, and population growth in small open economies
    evidence from the first globalization
    Erschienen: [2020]
    Verlag:  Pontificia Universidad Católica de Chile, Macul, Santiago, Chile

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    Schriftenreihe: Documento de trabajo / Instituto de Economia, Pontificia Universidad Católica de Chile ; 548 (2020)
    Schlagworte: railroads; specialization; agriculture; population
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  18. Religion in economic history
    a survey
    Erschienen: June 2020
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper surveys the recent social science literature on religion in economic history, covering both socioeconomic causes and consequences of religion. Following the rapidly growing literature, it focuses on the three main monotheisms - Judaism,... mehr

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    This paper surveys the recent social science literature on religion in economic history, covering both socioeconomic causes and consequences of religion. Following the rapidly growing literature, it focuses on the three main monotheisms - Judaism, Christianity, and Islam - and on the period up to WWII. Works on Judaism address Jewish occupational specialization, human capital, emancipation, and the causes and consequences of Jewish persecution. One set of papers on Christianity studies the role of the Catholic Church in European economic history since the medieval period. Taking advantage of newly digitized data and advanced econometric techniques, the voluminous literature on the Protestant Reformation studies its socioeconomic causes as well as its consequences for human capital, secularization, political change, technology diffusion, and social outcomes. Works on missionaries show that early access to Christian missions still has political, educational, and economic consequences in present-day Africa, Asia, and Latin America. Much of the economics of Islam focuses on the role that Islam and Islamic institutions played in political-economy outcomes and in the "long divergence" between the Middle East and Western Europe. Finally, cross-country analyses seek to understand the broader determinants of religious practice and its various effects across the world. We highlight three general insights that emerge from this literature. First, the monotheistic character of the Abrahamic religions facilitated a close historical interconnection of religion with political power and conflict. Second, human capital often played a leading role in the interconnection between religion and economic history. Third, many socioeconomic factors matter in the historical development of religions.

     

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    hdl: 10419/223437
    Schriftenreihe: CESifo working paper ; no. 8365 (2020)
    Schlagworte: religion; economic history; Judaism; Christianity; Islam; economic development; education; persecution; political economy; finance; specialization; trade
    Umfang: 1 Online-Ressource (circa 99 Seiten)
  19. Religion in economic history
    a survey
    Erschienen: 15 June 2020
    Verlag:  Centre for Economic Policy Research, London

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    Schriftenreihe: Array ; DP14893
    Schlagworte: Judaism; Christianity; Islam; economic history; Education; persecution; political economy; Finance; specialization; Trade
    Umfang: 1 Online-Ressource (circa 99 Seiten)
  20. Religion in economic history
    a survey
    Erschienen: 15 June 2020
    Verlag:  Centre for Economic Policy Research, London

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    Schriftenreihe: Array ; DP14894
    Schlagworte: Judaism; Christianity; Islam; economic history; Education; persecution; political economy; Finance; specialization; Trade
    Umfang: 1 Online-Ressource (circa 99 Seiten)
  21. Arithmetics of research specialization
    Erschienen: March 2020
    Verlag:  Cardiff Business School, Cardiff University, Cardiff, United Kingdom

    I model the use of research specialization in hiring as a signal of ability. I demonstrate that rewarding for specialization can make an average non-specializing candidate on average better than average specializing candidate, and vice versa.... mehr

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    I model the use of research specialization in hiring as a signal of ability. I demonstrate that rewarding for specialization can make an average non-specializing candidate on average better than average specializing candidate, and vice versa. Specialization works as a good ability signal only when both good and bad candidates are very likely to churn out good projects.

     

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    hdl: 10419/250311
    Schriftenreihe: Cardiff economics working papers ; no. E2020, 1
    Schlagworte: specialization; research; job market
    Umfang: 1 Online-Ressource (circa 11 Seiten), Illustrationen
  22. Religion in economic history: a survey
    Erschienen: June 2020
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    This chapter surveys the recent social science literature on religion in economic history, covering both socioeconomic causes and consequences of religion. Following the rapidly growing literature, it focuses on the three main monotheisms -Judaism,... mehr

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    This chapter surveys the recent social science literature on religion in economic history, covering both socioeconomic causes and consequences of religion. Following the rapidly growing literature, it focuses on the three main monotheisms -Judaism, Christianity, and Islam - and on the period up to WWII. Works on Judaism address Jewish occupational specialization, human capital, emancipation, and the causes and consequences of Jewish persecution. One set of papers on Christianity studies the role of the Catholic Church in European economic history since the medieval period. Taking advantage of newly digitized data and advanced econometric techniques, the voluminous literature on the Protestant Reformation studies its socioeconomic causes as well as its consequences for human capital, secularization, political change, technology diffusion, and social outcomes. Works on missionaries show that early access to Christian missions still has political, educational, and economic consequences in present-day Africa, Asia, and Latin America. Much of the economics of Islam focuses on the role that Islam and Islamic institutions played in political-economy outcomes and in the "long divergence" between the Middle East and Western Europe. Finally, cross-country analyses seek to understand the broader determinants of religious practice and its various effects across the world. We highlight three general insights that emerge from this literature. First, the monotheistic character of the Abrahamic religions facilitated a close historical interconnection of religion with political power and conflict. Second, human capital often played a leading role in the interconnection between religion and economic history. Third, many socioeconomic factors matter in the historical development of religions.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/223813
    Schriftenreihe: Discussion paper series / IZA ; no. 13371
    Schlagworte: religion; economic history; Judaism; Christianity; Islam; economic development; education; persecution; political economy; finance; specialization; trade
    Umfang: 1 Online-Ressource (circa 98 Seiten), Illustrationen
  23. Industrial clusters in the long run
    evidence from Million-Rouble plants in China
    Erschienen: [2019]
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper exploits a short-lived cooperation program between the U.S.S.R. and China, which led to the construction of 156 "Million-Rouble plants" in the 1950s. We isolate exogenous variation in location decisions due to the relative position of... mehr

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    This paper exploits a short-lived cooperation program between the U.S.S.R. and China, which led to the construction of 156 "Million-Rouble plants" in the 1950s. We isolate exogenous variation in location decisions due to the relative position of allied and enemy airbases and study the long-run impact of these factories on local economic activity. While the "156" program accelerated industrialization in treated counties until the end of the command-economy era, this significant productivity advantage fully eroded in the subsequent period. We explore the nature of local spillovers responsible for this pattern, and provide evidence that treated counties are overspecialized and far less innovative. There is a large concentration of establishments along the production chain of the Million-Rouble plants, which limits technological spillovers across industries.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/201908
    Schriftenreihe: Array ; no. 7682 (May 2019)
    Schlagworte: Regionales Cluster; Betriebliche Standortwahl; Industrieanlage; Agglomerationseffekt; Geschichte; China; industrial clusters; agglomeration economies; specialization
    Umfang: 1 Online-Ressource (circa 77 Seiten), Illustrationen
  24. Effects of marketing contracts and resource-providing contracts in the African small farm sector
    insights from oil palm production in Ghana
    Erschienen: May 2019
    Verlag:  RTG 1666 GlobalFood, University of Goettingen, Göttingen

    Smallholder farmers in developing countries often suffer from high risk and limited market access. Contract farming may improve the situation under certain conditions. Several studies analyzed effects of contracts on smallholder productivity and... mehr

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    Smallholder farmers in developing countries often suffer from high risk and limited market access. Contract farming may improve the situation under certain conditions. Several studies analyzed effects of contracts on smallholder productivity and income with mixed results. Most existing studies focused on one particular contract scheme. Contract characteristics rarely differ within one scheme, so little is known about how different contract characteristics may influence the benefits for smallholders. Here, we address this research gap using data from oil palm farmers in Ghana who participate in different contract schemes. Some of the farmers have simple marketing contracts, while others have resource-providing contracts where the buyer also offers inputs and technical services on credit. A comparison group cultivates oil palm without any contract. Regression models that control for selection bias show that resource-providing contracts increase farmers' input use and yield. Resource-providing contracts also incentivize higher levels of specialization and an increase in the scale of production. These effects are especially pronounced for small and medium-sized farms. In contrast, the marketing contracts have no significant effects on input use, productivity, and scale of production. The results suggest that resource-providing contracts alleviate market access constraints, while the marketing contracts do not.

     

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    hdl: 10419/198008
    Schriftenreihe: GlobalFood discussion papers ; no. 130
    Schlagworte: Contract farming; contract characteristics; agricultural production; specialization; production investments; oil palm; Ghana
    Umfang: 1 Online-Ressource (circa 40 Seiten)
  25. Industrial specialization or diversity?
    how high-speed rail fosters Japan's regional agglomeration economy
    Erschienen: [2019]
    Verlag:  Asian Development Bank Institute, Tokyo, Japan

    In this paper, the relationship between high-speed rail (HSR) and agglomeration economy in the scope of specialization and diversity is investigated. The main objective is to answer two questions: first, to determine whether specialization or... mehr

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    In this paper, the relationship between high-speed rail (HSR) and agglomeration economy in the scope of specialization and diversity is investigated. The main objective is to answer two questions: first, to determine whether specialization or diversity promotes economic productivity, and second, to determine whether HSR promotes specialization or diversity. Specialization/diversity agglomeration index based on the coefficient of variation of localization agglomeration is proposed to measure city's specialization and diversity. Analyses utilize the data of agglomeration across 17 industrial sectors in Japanese Municipality level. Depending on the definition of agglomeration diversity, one of the results reveals a U-curve relationship as productivity is plotted in Y-axis and specialization agglomeration in X-axis. In other words, both specialization and diversity benefit to economic productivity. Yet, a city which is not specialized and not with a high level of industrial diversity will be the loser in the economy. For the second question, based on the assumption of a quadratic function, HSR could affect city's specialization and diversity based on the distance to HSR service. From the results, HSR promotes industrial diversity in the city with HSR service, and the city located around 540 km away from HSR service, while HSR promotes city's specialization in the city located around 270 km away from HSR service.

     

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    Weitere Identifier:
    hdl: 10419/222721
    Schriftenreihe: ADBI working paper series ; no. 954 (May 2019)
    Schlagworte: agglomeration economy; diversity; economic productivity; high-speed rail; specialization
    Umfang: 1 Online-Ressource (circa 17 Seiten), Illustrationen