Browsing Centres by Title
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Kok-Kheng Yeoh, Émile (København, 2006)[More information][Less information]
Abstract: Although China is not a federal country, its public finance system does carry features of fiscal federalism. Since 1949, although the central government has consistently sought to exercise strong control over the country, it has at times done so by decentralist rather than centralist policies. The Dengist policies since economic reform began, for example, have had a strongly decentralist element, with continuing devolvement of control to the provincial governments, sometimes to such a degree that some observers have commented: "the centre pretends to rule and the provinces pretend to be ruled". This is also a period that witnessed the revival of old regionalisms, as well as the creation of new regionalisms brought about by increased local autonomy, rapid economic growth and increasingly globalizing trade and business linkages. While the oft-cited "China deconstructs" scenario seems at present far-fetched, the challenges posed by central-peripheral conflicts, ethnic resource contest and ethnoterritorial aspirations are real, in particular as they are being exacerbated by the country’s "retreat from equality�? and growing interregional economic disparity. In the light of these daunting exigencies, this paper explores the political economy of regional development in China, focusing on the intricate link between the country’s ethnic diversity and the role of the State in the economy, as the Asian giant warily enters a new stage of economic reform. Keywords: China, regionalism, ethnic diversity, inequalities, uneven development, regional disparities URI: http://hdl.handle.net/10398/7409 Files in this item: 1
cdp 2006-012.pdf (1.088Mb) -
the case of BulgariaMichailova, Snejina; Hollinshead, Graham (København, 1998)[More information][Less information]
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Mygind, Niels (København, 1997)[More information][Less information]
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old versus new PolandMroczkowski, Tomasz; Linowes, Richard; Nowak, Alojzy (Frederiksberg, 1999)[More information][Less information]
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Jacobsen, Jóannes; Sørensen, Anders; Junge, Martin (Frederiksberg, 2011)[More information][Less information]
Abstract: Der er klar sammenhæng mellem danske virksomheders digitaliseringsstrategi og produktivitet. Det viser denne rapport, som CEBR har udarbejdet for IT- og Telestyrelsen på grundlag af en pålidelig stikprøve på omkring 8.500 danske virksomheder. Et af rapportens nøgleresultater er, at en 1 procent-point større andel af virksomheder, som har digitaliseret visse forretningsprocesser, er knyttet til 0,72 procent højere værditilvækst pr. medarbejder. Det svarer i et makroøkonomisk perspektiv til mellem 2,6 og 6,5 milliarder kroner i årlig bruttoværditilvækst. URI: http://hdl.handle.net/10398/8481 Files in this item: 1
jacobsen_soerensen_junge_2011.pdf (2.606Mb) -
The Case of the digital AmplifierFrøslev Christensen, Jens; Holm Olesen, Michael; Kjær, Jonas (København, 2004)[More information][Less information]
Abstract: This paper addresses an issue of great importance for the future organization of the consumer electronics industry: the "battle" of control over component-based digitization. We are now witnessing the dismantling of the Japanese Model that has prevailed in consumer electronics over the past 30 years. Specialized and large-scale component suppliers have taken the lead in most component-based innovations and have obtained increasingly powerful positions in the value chain of consumer electronics. This paper provides an in-depth study of the strategic and structural ramifications of one such component-based innovation, the current transformation of sound amplification from conventional to digital amplifiers. We study the early formation of this new technology as especially reflected in the particularly dynamic cluster of innovation in Denmark and extend the analysis to the global strategizing around this new technology. A framework is developed to explain the reluctance of most of the large consumer electronics giants in developing/adopting this new technology. Key words: Consumer electronics, Industrial dynamics, Open Innovation JEL Codes: L6, L68, O32 URI: http://hdl.handle.net/10398/7201 Files in this item: 1
04-11.pdf (359.9Kb) -
The Impact of Human Capital Diversity, Experience and Compensation on Firm Performance in Engineering ConsultingLaursen, Keld; Mahnke, Volker; Vejrup-Hansen, Per (Frederiksberg, 2005)[More information][Less information]
Abstract: The paper investigates the relationship between human capital characteristics and firm performance in engineering consulting. Because general experience, firm-specific human capital and diversity carry specific costs and benefits we hypothesize curvilinear (taking inverted U-shapes) relations to firm performance. We find little effect of general experience and firm-specific human capital, but the findings give some support for the curvilinear relation between performance and human capital diversity. URI: http://hdl.handle.net/10398/7889 Files in this item: 1
DRUID_05_04.pdf (352.0Kb) -
Rose Skaksen, Jan; Malchow-Møller, Nikolaj; Aastrup Jensen, Claus (København, 2007)[More information][Less information]
Abstract: We set up a theoretical model to analyze the implications of coordination of immigration policies among destination countries. The model contains two types of spill-overs between destination countries: A terms of trade externality and a welfare policy externality. We show that while coordination unambiguously increases welfare of the destination countries, the effects on the level of immigration and on the income distribution of natives are ambiguous. Thus, coordination among destination countries does not necessarily solve the global coordination problem of inoptimally low levels of migration. Coordination, Externalities, Immigration Policy, Spill-overs, Terms of Trade, Welfare. URI: http://hdl.handle.net/10398/7698 Files in this item: 1
artikel 15.pdf (289.0Kb) -
Lando, Henrik (København, 2004)[More information][Less information]
Abstract: Does wrongful conviction lower deterrence and can this explain society’s aversion to sanctioning the innocent? This paper argues that for some of the most important categories of crime such as murder, assault or robbery, the answer to both questions is no. For these categories of crime, a potential offender need not fear wrongful conviction for any particular criminal act he or she chooses not to commit. For example, if a potential offender decides not to murder another person, he or she should not fear being wrongfully convicted of it, since the person will not be dead, and there will therefore be no investigation and no trial. He of she may risk being wrongfully convicted of another crime, but that risk exists independently of his or her own actions. It may be argued that wrongful conviction lowers deterrence in more indirect ways. First, the possibility of being sanctioned for a crime one does not commit may lower the threat of being sanctioned for a crime one commits, if two sanctions are not twice as threatening as one. Second, if wrongful conviction halts further investigations that may lead to the true offender, and third, if a potential offender thinks that if he or she does not take advantage of a crime opportunity, he or she may be wrongly convicted in the event that some other person grasps the same opportunity. However, it will be argued that wrongful conviction may also increase deterrence, and the three indirect effects are in any event unlikely to be quantitatively important in the real world. An implication of the present analysis is that society’s aversion to sanctioning the innocent cannot be rationalized by or reduced to a concern for deterrence. URI: http://hdl.handle.net/10398/6803 Files in this item: 1
wplefic092004rev2.pdf (163.7Kb) -
Do Export and Technological Specialisation Patterns Co-evolve in Terms of Convergence or Divergence?Laursen, Keld (Frederiksberg, 1998)[More information][Less information]
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Dalgaard, Carl-Johan; Schultz, Esben Anton; Sørensen, Anders (Frederiksberg, 2009)[More information][Less information]
Abstract: Is the wage gap between majors in human arts and other fields caused by the education? If the educational choice is endogenous, the wage gap may instead be caused by selection. We document that individuals’ educational choice is correlated with that of older students and by the concentration of women in their high school. Conditional on high school fixed effects, these characteristics are unlikely to affect post-university wages and are plausible instruments for the educational choice. Our 2SLS estimates reveal that the gap in returns to education is negligible, implying that the wage gap is attributable to selection. URI: http://hdl.handle.net/10398/7989 Files in this item: 1
WP_Dalgaard_Schultz_Sorensen.pdf (417.8Kb) -
Meyer, Klaus E.; Tran, Yen Thi Thu; Nguyen, Hung Vo (København, 2005)[More information][Less information]
Abstract: Over the last thirty years, Vietnam evolved from "war after war" to an emerging economy with an attractive foreign investment policy and commitment to a liberalized economy. Although the GDP per capita is still considerably lower than in the Asian Tiger economies, and the institutional framework still reflects inheritances from the central plan system, Vietnam today has a vibrant economy with small businesses springing up at every street corner. Foreign investors have been flogging to Vietnam since the early 1990s, with a new peak of FDI inflow in 2004. This paper reviews the Vietnamese economy, society, culture, and policies towards foreign investment to inform those considering to invest in Vietnam, and to provide some practical advice. URI: http://hdl.handle.net/10398/7101 Files in this item: 1
wp58 doing business in vietnam.pdf (221.8Kb) -
Drejer, Ina; Laursen, Keld (Frederiksberg, 1997)[More information][Less information]
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Frøslev Christensen, Jens (Frederiksberg, 1998)[More information][Less information]
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le Maire, Daniel; Schjerning, Bertel (København, 2007)[More information][Less information]
Abstract: This paper investigates the relationship between self-employment choice, expected earnings, and uncertainty. Several interesting results emerge from our analysis on Danish longitudinal register data: Firstly, self-employed (taxable) personal income bunch at kink points in the tax system since self-employed can retain earnings and thereby transfer income across tax-years. Secondly, expected income level and income variance are important determinants in choice of occupation. Thirdly, men put more emphasis on expected earnings level, while women appears more risk averse, which contribute to explain why fewer women are self-employed. Finally, our results suggest that non-western immigrants are marginalized into self-employment. Occupational choice, self-employment, wage-dierentials, income uncertainty, risk aversion, overcon dence, self-selection, gender dierences. URI: http://hdl.handle.net/10398/7701 Files in this item: 1
artikel 04.pdf (261.1Kb) -
Ney, Caroline Julie (København, 2008)[More information][Less information]
Abstract: As sustainable development practices expand among companies, innovation appears more and more as a required path to progress towards the integration of ecological concerns at the very heart of business activities. Ecodesign not only requires this integration but can also be a concrete tool for its implementation (Le Pochat, 2005). Our results show that while implementing ecodesign practices, companies mobilize existing competences, that they combine with new ones. These new competences originate from exploration-orientated external cooperations. This original combination of competences paves the way for an internal research, made mostly of exploitation but still including some exploration projects. Long-term continuous innovation (Verona, Ravasi, 2003) requires an appropriate balance between exploration and exploitation. The litterature refers to this balance as « ambidexterity ». The present paper provides evidence for a competence development process associated to the implementation of ecodesign. By combining contextual and network ambidexterity, this process promotes a continuous stream of innovation. URI: http://hdl.handle.net/10398/7118 Files in this item: 1
wp cbscsr 2008-4.pdf (605.8Kb) -
Strategic Policy Implications for Southeast AsiaKui, Ng Beoy (København, 2008)[More information][Less information]
Abstract: The purpose of this paper is to analyze strategic policy implications arising from possible threats and opportunities in the face of the emergence of China as an economic powerhouse. The focus of the paper is not on the regional approach through mainly regional co-operations but more on policy strategies and responses at the national level. Depending on their degree of national economic development, economic structure and comparative advantage, eight strategic positionings have been identified. Of these eight positionings, direct competition is considered as an unwise move, considering China being endowed with relatively cheap labour resources. Together with its huge domestic market which can serve as a magnet for direct foreign investment, competition in attracting FDI can be a daunting task for most to the Southeast Asian countries. Instead, competition based on niche areas through branding, for instance provides a feasible alternative. The other alternative is to avoid direct competition by upgrading its economy, venturing into those areas where China has no comparative advantage as well as looking inward for sources of growth. Others may adopt ‘connecting’ strategies such as complementing or supplementing the Chinese economy by meeting China’s increasing demand for natural resources or exploiting its huge domestic market. Still others may explore the possibilities of forging strategic alliance with China in the global market or playing the role of a middleman between China the West. URI: http://hdl.handle.net/10398/7397 Files in this item: 1
cdp 2008-026.pdf (241.2Kb) -
Some Cross-Country EvidenceBjørnskov, Christian; Foss, Nicolai J. (Frederiksberg, 2006)[More information][Less information]
Abstract: While much attention has been devoted to analyzing how the institutional framework and entrepreneurship impact growth, how economic policy and institutional design affect entrepreneurship appears to be much less analyzed. We try to explain cross-country differences in the level of entrepreneurship by differences in economic policy and institutional design. Specifically, we use measures of economic freedom from the Economic Freedom of the World database to examine which elements of economic policy making and the institutional framework are responsible for the supply of entrepreneurship Our data on entrepreneurship are derived from the Global Entrepreneurship Monitor. The combination of these two datasets is unique in the literature. We find that the size of government is negatively correlated with entrepreneurial activity but that sound money is positively correlated with entrepreneurial activity. Other measures of economic freedom are not significantly correlated with entrepreneurship. URI: http://hdl.handle.net/10398/7876 Files in this item: 1
DRUID_06_18.pdf (261.1Kb) -
Riis, Thomas (København, 2002)[More information][Less information]
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Some Austrian InsightsFoss, Nicolai J. (Frederiksberg, 2001)[More information][Less information]
Abstract: I critically discuss recent claims about economic organization in the emerging “knowledge economy,” specifically that authority relations will tend to disappear (or at least become radically transformed), the boundaries of the firm will blur, and coordination mechanisms will be much more malleable than assumed in organizational economics, resulting in various “new organizational forms.” In particular, the price mechanism will be used inside hierarchies to a much greater extent. In order to obtain an analytical focus on the knowledge economy, I assume that it may be approximated by “Hayekian settings” (after Hayek 1945), that is, settings in which knowledge is distributed and where knowledge inputs are relatively more important in production than physical capital inputs. I then argue, drawing on organizational economics as well as Mises’ insights in property rights and comparative systems, that the presence of Hayekian settings does not mean that authority will disappear, etc., although economic organization will in fact be affected by the emergence of the knowledge economy. This suggests that Austrian economics has an important contribution to make to the study of economic organization. URI: http://hdl.handle.net/10398/7899 Files in this item: 1
DRUID_01_07.pdf (99.18Kb)