Although initially originated as a totally empirical relationship to explain the volume of trade between two partners, gravity equation has been the focus of several theoretic models that try to explain it. Specialization models are of great importance in providing a solid theoretic ground for gravity equation in bilateral trade. Some research papers try to improve specialization models by addi...

Using panel data on investment of firms in energy saving technology, we measure the impact of the payback period of the technology on the probability to adopt the technology in the absence of tax and subsidy incentives. We find that the decision rules to adopt energy saving technology differs substantially between different types of firms, i.e. for-profit/notfor-profit as the decision to adopt ...

This paper examines the effects of technology spillover from FDI based on panel data analysis of Chinese large-scale domestic manufacturing industries. We use the panel data of 27 Chinese manufacturing industries from 2001 to 2007. We estimate technology spillover effects by two steps. First, we estimate the total factor productivity of domestic firms’ and foreign firms’ by Cobb-Douglas Product...

Kristina Nyström Jönköping International Business School P.O. Box 1026 SE-551 11 Jönköping Sweden E-mail: [email protected] (Competing for the young economist award) Abstract: This paper investigates the dynamics of firm entry and exit with a focus on differences between industrial sectors. The paper discusses how entry rates in industrial sectors are affected by previous exit and ent...

This study uses the 2004 ACNielsen Homescan panel data to estimate the price premiums and discounts associated with fresh tomatoes among regional markets, focusing on the organic attribute. The results suggest that consumers paid $0.25/lb more for organic fresh tomatoes in the New York–Philadelphia market. The organic premiums are estimated to be $0.14/lb in the Chicago–Baltimore/Washington and...

As student numbers in the UK’s higher education sector have expanded substantially during the last 15 years, it has become increasingly important for government to understand the structure of costs in higher education, thus allowing it to evaluate the potential for expansion and associated cost implications. This study applies Data Envelopment Analysis (DEA) to higher education institutions (HE...

In this paper we investigate the impact of colorimetric observer categories on the prediction of the average suprathreshold color difference perception. The observer categories were obtained from an observer classification experiment, while the color difference data were obtained from an experiment involving a liquid crystal display (LCD) with fluorescent backlight. The same observer panel with...

The artistic labor market is marked by several adversities, such as low wages, above-average unemployment, and constrained underemployment. Nevertheless, it attracts many young people. The number of students exceeds the available jobs by far. A potential explanation for this puzzle is that artistic work might result in exceptionally high job satisfaction, a conjecture that has been mentioned at...

! ! As evidence regarding the consequences of climate change grows, the need to act cooperatively becomes increasingly apparent. International environmental agreements are one of many means being pursued to improve environmental management and combat climate change at large. This study examines factors that influence international environmental treaty participation among European countries. Usi...

This paper empirically identifies a channel through which transport infrastructure improves the efficiency of an economy: reducing inventory stock. To deal with potential endogeneity, we introduce two identification tests. Applying them to a large panel data set on Chinese manufacturers from 1998 to 2007, we find that the dramatic improvement in China’s road transportation network has significa...