2024-03-28T19:21:24Z
http://opus.uni-hohenheim.de/oai2/oai2.php
oai:opus.uni-hohenheim.de:69
2005-04-07T15:06:22Z
ddc:330
pub-type:8
has-source-swb:false
Degree of Openness and the Choice of Exchange Rate Regimes: A Re-Evaluation with Value-Added Based Openness MeasuresOffenheitsgrad und Wechselkurssystemwahl: Eine Analyse mit wertschöpfungsorientierten Kennziffern der OffenheitLarsWang330Input-Output-AnalyseAllgemeines GleichgewichtsmodellOffenheitInternationales WährungssystemGlobalisierungMakroökonomieAußenhandel /OffenheitsgradDegree of openness, Input-output analysis, Computable general equilibrium analysis, Monetary integration, GlobalizationThe concept of trade openness is broadly applied as a potential predictor in numerous empirical studies, despite the fact that no commonly accepted approach of measuring openness has been developed. The most widely applied (?traditional?) openness indices are not able to accurately calculate the degree of trade openness. Many openness concepts try to adjust the traditional measures of openness with aim to increase the quality of assessment, but most of these attempts show a poor correlation with the traditional concept. This might indicate that the alternative approaches capture different aspects of trade openness.
This study presents the development of innovative value-added based (?actual?) measures of openness towards international and bilateral trade, respectively. They are based on a multi-regional input-output analysis of income effects due to trade. In clear contrast to the mainstream view, the actual openness concept corrects the traditional concept by expressing trade in value-added terms instead of gross terms. Traditional openness measures do not take the international redistribution of income generated by trade into account. This means, for example, that the export ratio overstates the potency of a country to build a surplus in output at home because imported intermediate commodities that are employed in the process of production of exported commodities generate income abroad. The import ratio which expresses imports as a share of the gross domestic product overstates the dependency on imports since residents have to spend a lower portion of their income to purchase imports from abroad. Imports are partly produced with intermediate commodities delivered by the country that creates income for its production factors.
The innovative actual openness concept is able to reflect the different structures of production among countries since the value-added created by trade is forecasted based on a sound theory of production. This makes it possible to quantify the effects of the interactions between industries within an economy. Open economies consist of more firms that import intermediate of final commodities for the purpose of their re-export than closed economies. These firms, which redistribute final commodities or process the finishing of imported intermediate commodities, employ less domestic factors of production and thus contribute less to national income than other firms which produce exports primarily with national intermediate commodities in all processing stages. This means that the more open economies are, the smaller the proportion of domestic production factors in the production process of exports is and the additional income earned from the selling of exports is again transferred abroad by means of imported intermediate commodities employed in exports.
There are only a limited number of degrees of trade openness data bases based on concepts of openness measurement that differ to the traditional approach. They only include data for a few countries, which mainly consist of industrialized economies, and/or only for a small number of years. Consequently, the outcome of empirical tests of potential associations between the degree of openness and other variables might be, in some cases, hampered. In clear contrast to this, the new data base of the degrees of openness to international trade based on the actual openness concept consists of roughly 20,000 entries. The data base represents the degrees of trade openness of 66 countries, which range from developing to highly industrialized economies, for a period of 14 years (1989 to 2002). This feature of the study is a strong contribution to economic research since it makes the improved adequacy in the indication of trade openness available to many different empirical analyses.
The empirical re-evaluation of the association between the degree of openness and the choice of exchange rate regimes in this contribution is based on regression analysis which contains up to 525 observations of 54 countries between the years 1989 and 2000. The test results indicate a positive and statistically significant correlation between trade openness and the likelihood of choosing a fixed exchange rate regime. This is clearly in line with the findings of the mainstream in the empirical research. Subsequently, the analysis of the relationship between the degree of trade openness and the selection of exchange rate regimes is extended to adhere to the ongoing debate in economic research as to when the Central and Eastern European countries (CEECs), which became member countries of the Economic and Monetary Union in May 1, 2004, are able to adopt the euro as their national currency. The results of a computable general equilibrium analysis suggest that if the Central and Eastern European countries meet the Maastricht criteria and the non-devaluation condition in the Exchange Rate Mechanism II, they could gain net benefits from the abolishment of their national currencies in the year 2008.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartAnsgarBelkeProf. Dr.20052005Thesis.Doctoralurn:nbn:de:bsz:100-opus-698application/pdfenghttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2005/69
oai:opus.uni-hohenheim.de:123
2006-01-05T10:53:08Z
ddc:330
pub-type:8
has-source-swb:false
Didaktischer Ansatz für das Blended Learning: Konzeption und Anwendung von Educational PatternsEducational approach for blended learning: Conception and implementation of educational patternsSandraKöhne330E-LearningAllgemeine DidaktikEntwurfsmusterUnterrichtsplanungBlended Learningblended learning, electronic learning, education, design pattern, course planningThe dissertation ?Educational approach for blended learning: Conception and implementation of educational patterns? describes the design of blended learning by educational patterns. Blended learning mixes different kinds of teaching and learning with and without using technology. Typically it is understood as a combination of teaching face to face or online. However the mix also includes media, social arrangements and teaching methods to optimise the course arrangement. As the educational arrangement of blended learning courses is not properly researched so far, this dissertation uses patterns for course design. In architecture and software engineering design patterns are already used. Patterns allow novices to transfer a problem-solution-pair of a successful expert to their own problems. Therefore this dissertation analyses educational approaches of face to face courses and first implementations of blended learning to integrate their ideas in the pattern concept. That way, 24 Patterns are created which are designed by a consistent scheme composed of name, solution, forces an consequences. The patterns can be categorised in patterns for analysing the terms and conditions, for designing a framework of a course and for designing the course itself. This allows a user to choose from a category in accordance to his design requirements. A course designer needs to analyse the terms and conditions to get an idea of the situation where learning and teaching takes place. The patterns for designing a framework of a course include the aspects that are not related to the specific course itself. It starts with the decision for the subject of the course and leads to an approximate course design. If the course is innovative or complex it might be necessary to plan an manage a project or to involve the people who are concerned by the course. Planning the test of the designed course finalises the framework, because it helps to draw conclusions from the planning of a course. In order to emphasise the blended learning part of the course its design starts with the phases of a learning process which consist of online lessons, face to face learning and distance learning. This helps to make decisions for other ingredients of the blended learning mix. A procedure for choosing and using these patterns is described for first time users. The developed patterns are tested and evaluated in a blended learning course for governmental employees. This dissertation answers the following questions: To what extend can existing educational models and methods be used for blended learning? ? What do patterns for blended learning look like? ? Is it possible to implement representative patterns in a blended learning course for governmental employees? ? and ? What can be concluded from the implementation of the patterns in a module of information management.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartHelmutKrcmarProf. Dr.20052005Thesis.Doctoralurn:nbn:de:bsz:100-opus-1236application/pdfgerhttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2006/123
oai:opus.uni-hohenheim.de:141
2008-05-29T08:36:14Z
ddc:330
pub-type:8
has-source-swb:false
Digitale Musik - Eine industrieökonomische Analyse der MusikindustrieDigital Music - An Economic Analysis of the Music IndustryOliver D.Raschka330IndustrieökonomieMarktstrukturWettbewerbVertikale ProduktdifferenzierungInformationNetzwerkUrheberrechtSpieltheorieInternet ,MusikMusikindustrieDRMKopierkostenmusic industryDRMcopyrightThis is a book about the competition in the (German) music industry. It examines the issues important to the future of the music business and especially the
music industry. An in-depth study of the demand und supply side shows the current problems and issues for the record companies. First, the stability of cooperative behavior in file sharing networks. Second, the construction of optimal pricing schemes in conjunction with the optimal number of different versions of a music song in the presence of unauthorized file sharing. For the solution of these problems, the book contains two new (game) theoretic models. The models provide optimal behavior strategies for consumers and record companies as well. The results will be supported by empirical evidence. The organization of the book is as follows: Chapter 1: Introduction. Chapter 2: Product innovations and market structure in the history of the (global) music industry. Chapter 3: Characteristics and marketability of digital information goods. Chapter 4: Market analysis and competition behavior in the (German) music industry. Chapter 5: A simple game theoretic model of cooperation in peer-to-peer (p2p) file sharing networks. An evolutionary approach. Chapter 6: Pricing schemes, product quality and digital rights management in the presence of illegal copying. Chapter 7: Summary. Literature.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartUlrichSchwalbeProf. Dr.20062006Thesis.Doctoralurn:nbn:de:bsz:100-opus-1411application/pdfgerhttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2006/141
oai:opus.uni-hohenheim.de:137
2006-04-11T11:10:49Z
ddc:330
pub-type:8
has-source-swb:false
Ökokaufhaus - Konzept der Zukunft? Empirische Analyse der Effekte eines innovativen Unternehmenskonzept auf Umwelt und GesellschaftEcological Shopping Mall - A concept for the future? Empirical analysis of the effects of an innovative company concept on enviroment and societyBeateGebhardt330Nachhaltige EntwicklungVerbraucherverhaltenÖkokaufhaus, Unternehmensinnovation, Ökohandeleco-shopping mall, sustainable development, ecopreneur, consumer behaviour, eco-tradeKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartWerner F.SchulzProf. Dr.20062006Thesis.Doctoralurn:nbn:de:bsz:100-opus-1373application/pdfgerhttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften2aus: Praesentationsformataus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2006/137
oai:opus.uni-hohenheim.de:154
2006-07-17T08:36:53Z
ddc:330
pub-type:8
has-source-swb:false
Dynamik von Armut in Deutschland - Ergebnisse mikroökonometrischer AnalysenPoverty Dynamics in Germany - Results from Microeconometric AnalysesSebastianMoll330ArmutEreignisdatenanalyseÖkonometriechronische Armut, Armutsdauer, unbeobachtete Heterogenitätchronic poverty, poverty persistence, unobserved heterogeneityWhile the focus of traditional poverty research is on a cross-sectional perspective, this empirical study is concerned with the individual dynamics of poverty in Germany. Based on longitudinal data from the Socio-Economic Panel (SOEP), several aspects like the duration of poverty or the extent of chronic poverty are adressed. The organization of the book is as follows: After a short introduction in Chapter 1, necessary basics for the empirical analysis of poverty are discussed in Chapter 2. Chapter 3 deals with the measurement of chronic poverty over a fixed period of time. Microeconometric methods are adopted for a differenciated analysis of chronic poverty. In Chapter 4 a spell-based approach is applied to estimate poverty exit and re-entry rates. Finally, all important results are summarized in Chapter 5.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartGerhardWagenhalsProf. Dr.20062006Thesis.Doctoralurn:nbn:de:bsz:100-opus-1544application/pdfgerhttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2006/154
oai:opus.uni-hohenheim.de:200
2008-03-28T09:05:58Z
ddc:330
pub-type:17
has-source-swb:false
Money and Swedish inflation reconsideredAnsgarBelkeThorstenPolleit330Inflation TargetingP-Stern-ModellSchwedenPreisabstandInflation forecastprice gapP-star modelAnalysing the role of money for Swedish inflation, we apply a single equation ?PStar? model and a structural VECM for the period of the late 1980 to the beginning of 2005. Against the background of theoretical and empirical considerations, we find that money ? when measured by the ?price gap? or, alternatively, the ?money overhang? ? has a statistically significant impact on future price movements. The results suggest that money should play a systematic role in monetary policy making in Sweden compared with the status quo.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2003application/pdfengHohenheimer Diskussionsbeiträge ; 270http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2007/200
oai:opus.uni-hohenheim.de:205
2007-09-20T14:09:43Z
ddc:330
pub-type:8
has-source-swb:false
Nachhaltigkeitskommunikation in Investor RelationsSustainability communicationsKatjaFiedler330NachhaltigkeitÖkologieInvestor RelationsSoziales EngagementKommunikationFinanzkommunikationSoziales, SustainabilityFinancial CommunityCorporate Social ResponsibilitySustainabilityInvestor RelationsFinancial CommunityCorporate Social ResponsibilityCommunicationThe author analyses the importance of corporate sustainability and its communication to the financial community. She has surveyed financial analysts and financial journalists who are intermediaries in the communication between investors and corporations. The conclusion is that the financial analysts and financial journalists have an instrumental interest in corporate sustainability, whenever ecologically or socially relevant corporate behaviour might have an economic impact.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartClaudiaMastProf. Dr. Dr. habil.20072007Thesis.Doctoralurn:nbn:de:bsz:100-opus-2055application/pdfgerhttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2007/205
oai:opus.uni-hohenheim.de:224
2008-01-21T08:54:16Z
ddc:330
pub-type:7
has-source-swb:false
Entwicklung einer Balanced Scorecard für die Universitätsbibliothek HohenheimHoai NamPham330Balanced ScorecardHochschulbibliothekKennzahlensystemStuttgart-Hohenheim / UniversitätsbibliothekUniversity LibraryKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007Thesis.Masterurn:nbn:de:bsz:100-opus-2245application/pdfgerhttp://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/224
oai:opus.uni-hohenheim.de:228
2008-02-14T11:21:56Z
ddc:330
pub-type:17
has-source-swb:false
Die Aussenhandelspolitik der EU gegenüber China: "China-Bashing" ist keine rationale Basis für PolitikAnsgarBelkeJuliaSpies330HandelspolitikEuropäische UnionChinaTextilindustrieKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2286application/pdfgerHohenheimer Diskussionsbeiträge ; 280http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/228
oai:opus.uni-hohenheim.de:229
2008-02-14T11:20:16Z
ddc:330
pub-type:17
has-source-swb:false
Fairness, efficiency, risk, and timeGeraldSeidel330Prosoziales VerhaltenNutzenmaximierungRisikoverhaltenZeitpräferenzPro-social behavior, utility maximization, time preference, risk attitudesWe present a model of a 2-person-2-period-economy with specific (human) capital. Although the individuals are purely selfish, the outcome is seemingly guided by pro-social behavior. We find in our model economy that fairness and efficiency are positively related whereas risk aversion seems to have no major impact on the seemingly fair behavior. A rise in the time preference increases the disadvantaged subject?s aspiration for equal outcomes but reduces the advantaged subject?s willingness to accept them.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2290application/pdfengHohenheimer Diskussionsbeiträge ; 281http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/229
oai:opus.uni-hohenheim.de:199
2008-01-21T13:46:49Z
ddc:330
pub-type:17
has-source-swb:false
How the ECB and the US fed set interest ratesAnsgarBelkeThorstenPolleit330Europäische ZentralbankUSA / Board of Governors of the Federal Reserve SystemGeldpolitikTaylor-RegelEuropean Central BankFederal reserveMonetary policyTaylor ruleMonetary policies of the ECB and US Fed can be characterised by ?Taylor
rules?, that is both central banks seem to be setting rates by taking into account
the ?output gap? and inflation. We also set up and tested Taylor rules which
incorporate money growth and the euro-dollar exchange rate, thereby improving
the ?fit? between actual and Taylor rule based rates. In general, Taylor rules
appear to be a much better way of describing Fed policy than ECB policy.
Simulations suggest that the ECB?s short-term interest rates have been at a much
lower level in the last two years compared with what a Taylor rule would suggest.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-1994application/pdfengHohenheimer Diskussionsbeiträge ; 269http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/199
oai:opus.uni-hohenheim.de:230
2008-02-14T08:38:18Z
ddc:330
pub-type:8
has-source-swb:false
Electronic negotiation support systems and their role in business communicationElektronische Verhandlungsunterstützung und ihre Rolle in der zwischenbetrieblichen Kommunikationan exploratory evaluation of auction useeine explorative Analyse der Nutzung von AuktionssystemenFrankKöhne330VerhandlungElectronic CommerceNew EconomyInternetauktionComputerunterstützte KommunikationWirtschaftsinformatikFeldforschungE-Procurement, Supplier Relationship ManagementNegotiation Support, E-AuctionElectronic communication media and electronic commerce have become substantial components of economic interaction. Buyers and consumers are increasingly integrated in processes of product and service specification. More and more coordination processes are conducted digitally or partly automated. Buyer-supplier relationships change. In the post-hype phase regarding online-auctions long term relationships prevail ? however, the electronic communication via e-mail as well as the different types of reverse auction have been established as business processes.
The dissertation contributes to an understanding of the appropriation and use processes of electronic procurement auctions, i.e. the only form of electronic negotiation with sufficient market-penetration for a field study. Consequently, it explicates the effects of the technology in its application context. The focus of the study is on an aspect, which is hardly suitable for experimental analysis: the identification and contextualisation of organisational communication effects. It shows how auction systems can generate efficiencies as well as relational threats and communicative barriers. The latter is mainly achvied through references to the theory of Habermas. Based on the field study, conclusions for the adequate design and choice of negotiation support technology are drawn.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartMareikeSchoopProf. Dr.20072007Thesis.Doctoralurn:nbn:de:bsz:100-opus-2304application/pdfenghttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/230
oai:opus.uni-hohenheim.de:233
2008-03-25T11:10:46Z
ddc:330
pub-type:17
has-source-swb:false
Two-Pillar monetary policy and bootstrap expectationsHeinz-PeterSpahn330Taylor-Regel, Bootstrap-Statistikmoney demand shocks, Taylor rule, learning, inflation and output variabilityThe paper integrates the two-pillar Phillips curve, which explains expected inflation by the money growth trend, within a simple macro model. A Taylor-like interest rule contains also a money growth target. The model takes into account serially correlated supply and money demand shocks; the latter induce goods demand shocks, thereby establishing a feedback mechanism from money to markets which is missing in the modern New Keynesian approach. Two groups of market agents are distinguished from which one derives inflation expectations from money growth trend figures whereas the other builds rational expectations by way of learning. The inspection of output and inflation variances show that a policy of reacting to excess money growth requires precise information on shock characteristics whereas inflationgap and output-gap oriented interest policies provide more robust stabilization services.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2339application/pdfengHohenheimer Diskussionsbeiträge ; 282http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/233
oai:opus.uni-hohenheim.de:234
2008-03-28T09:19:55Z
ddc:330
pub-type:17
has-source-swb:false
Using citizen expert groups in environmental valuationlessons from a CVM study in Northern ThailandMichaelAhlheimBenchaphunEkasinghOliverFrörJirawanKitchaicharoenAndreasNeefChapikaSangkapituxNopasomSinphurmsukskul330Contingent ValuationThailand <Nord>In this paper we show how citizen expert groups can be used to improve the design of contingent valuation surveys. The concept of citizen expert groups combines the various advantages of focus groups and of participatory approaches like citizen juries and the market stall method. Using an empirical study in Thailand it is demonstrated that after developing the project scenario and the questionnaire in cooperation with a citizen expert group the result of the study became independent of the interview form used in the survey which was taken as an indicator for the reliability and validity of the study.Testing different elicitation question formats in our survey it showed that with the payment card format face-to-face interviews and mail interviews yielded the same social willingness to pay. A practical consequence of our findings could be that in the future costly face-to-face interviews can be substituted by much cheaper mail interviews in CVM surveys if the payment card format is used for the elicitation question and the whole survey design is optimized following the advice resulting from appropriately organized citizen expert groups.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2345application/pdfengHohenheimer Diskussionsbeiträge ; 283http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/234
oai:opus.uni-hohenheim.de:235
2008-02-18T14:15:40Z
ddc:330
pub-type:17
has-source-swb:false
Money and inflationlessons from the US for ECB monetary policyAnsgarBelkeThorstenPolleit330GeldGeldpolitikInflationmoneyasset price inflationmonetary policyWe turn our attention to the role of money for determining nominal magnitudes.
Using US data, we find that the aggregate ?nominal output plus and stock market
capitalisation? is closely related to the money stock, lending support to one of Milton Friedman?s key monetarist propositions. This finding should be particularly important for ECB monetary policy: an inflation-free euro plays a crucial role for European economic and political integration. We conclude that monetary policy must keep a very close eye on money supply if it wants to prevent consumer and asset price inflation.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2359application/pdfengHohenheimer Diskussionsbeiträge ; 284http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/235
oai:opus.uni-hohenheim.de:236
2008-03-28T09:25:27Z
ddc:330
pub-type:17
has-source-swb:false
The bazaar economy hypothesis revisiteda new measure for Germany's international opennessAnsgarBelkeAnselmMattesLarsWang330Bilateraler HandelOffene VolkswirtschaftInput-Output-AnalyseDegree of opennessopenness to intra-regional tradebilateral tradevalue-added approachinput-output analysisbazaar economyIn this paper we argue that traditional measures of openness of an economy usually overstate the actual degree. This is due to the fact that traditional export or import shares are measured as a share of the gross domestic product. The former are expressed in gross terms, the latter in value added terms. In this way the actual interdependences between economies are overstated. We develop a new value based openness indicator that includes interregional and interindustrial dependencies. Based on a Leontief production system and input-output-tables we argue that export-induced imports of intermediate parts must be subtracted of the value of exports in order to obtain the real value added in the export sector. The same reasoning applies to the import side. We use these measures of actual openness to calculate openness indicators for Germany using GTAP data. We show that traditional measures of openness exaggerate the actual openness and argue that these new indicators are an important contribution to the debate about the German ?bazaar economy?.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2361application/pdfengHohenheimer Diskussionsbeiträge ; 285http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/236
oai:opus.uni-hohenheim.de:237
2008-02-18T14:17:26Z
ddc:330
pub-type:17
has-source-swb:false
Typisierung der Tarifvertragslandschafteine Clusteranalyse der tarifvertraglichen ÖffnungsklauselnWolf DieterHeinbachStefanieSchröpfer330ÖffnungsklauselTarifvertragFuzzy-ClusteranalyseKorrespondenzanalyseThe introduction of opening clauses in collective wage agreements allowing
firms to deviate from their collective bargaining agreements has become widely
accepted for the last fifteen years. With respect to the flexibility agreed through collective bargaining, the distinctions between single collective bargaining areas of the same industry have increased. Hence, the economic idea of uniform industry-wide central collective bargaining agreements is no longer tenable. The data set of the IAW used in this article provides differentiated information about opening clauses in collective wage agreements. By means of correspondence and cluster analysis, seven groups of collective bargaining areas are identified, which differ in the type of opening clauses introduced. Over the
period from 1991 until 2004, the examination of dynamic aspects of these seven
groups exhibits typical paths of development towards an improved flexibility
agreed through collective bargaining. Furthermore, the conjunction of the data
set with the German Structure of Earnings Survey of the years 1995 and 2001
makes it possible to show the relevance of the different types of single collective bargaining areas for employment and industries of the German manufacturing sector.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2378application/pdfgerHohenheimer Diskussionsbeiträge ; 286http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/237
oai:opus.uni-hohenheim.de:238
2008-03-28T09:27:32Z
ddc:330
pub-type:17
has-source-swb:false
Service offshoring and the demand for less-skilled laborevidence from GermanyDeborahSchöller330GlobalisierungOffshoringArbeitsmarktservice offshoringlabor demandless-skilled laborglobalizationtechnological changeBesides material offshoring, economists have started to analyze the impact of service offshoring on domestic employment. Services are of particular interest since their significance has grown in terms of both quantity and quality. One decade ago, most services were considered non-tradable, but the emergence of new information and communication technologies has contributed to overcoming geographical distance. The move towards the liberalization of international service trade has further accelerated this process. The empirical part of this paper first calculates German service offshoring intensities on a sectoral basis using input-output data. This measurement represents the proportion of imported service inputs used in home production. Germany?s average service offshoring intensity more than doubled from 1991 to 2003. In a next step, the impact of service offshoring on the demand for heterogeneous labor in Germany is estimated at a sectoral level including 28 manufacturing sectors. The partial static equilibrium model is based on a variable unit cost function in the general translog form allowing for quasi-fixed input factors. Two different skill-levels are taken into account. The estimation results indicate that service offshoring reduced the relative demand for less-skilled labor in the German manufacturing
sectors by on average -0.06 to -0.16% per year between 1991 and 2000.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2382application/pdfengHohenheimer Diskussionsbeiträge ; 287http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/238
oai:opus.uni-hohenheim.de:239
2008-12-22T17:38:56Z
ddc:330
pub-type:17
has-source-swb:false
Exchange rate regimes and the transitionprocess in the Western Balkansa comparative analysisAnsgarBelkeAlbinaZenkic330WechselkursWestbalkanPolitischer WandelBalkansexchange rate mechanismoptimum currency areaseconomic transition In the academic literature some criteria have been identified which could have an impact on the success of the transition process, such as macroeconomic stability, microeconomic restructuring and implementation of legal and institutional reforms. The role of the exchange rate system in general is to
foster the stability of the monetary environment characterized by low inflation rates and a stable domestic currency. Although the importance of a sustainable price-level oriented monetary policy for the transition-success has been stressed in the academic literature, there are still further questions to be
answered related to the choice of the exchange rate system throughout the different phases of the transition process. This paper intends to contribute to close this gap in the literature. The guiding research question is how the choice of an exchange rate system influences the economic success of a country in transition and its gradual integration within the European Union (EU) and the European Monetary Union (EMU). For this purpose, the study focuses on the transition process of South-eastern Europe (SEE). In particular and for the first time in a joint study, we will take a look at the following South-eastern European Countries (SEECs), often referred to as the �West Balkans�: Bosnia and Herzegovina (BiH), Croatia, Former Yugoslav Republic of Macedonia (FYRM), Serbia and Montenegro, as these five countries share certain common characteristics: they were part of the Former Yugoslav Republic (FYR); they are countries in transition; they are members of the Stability Pact for South-eastern Europe and they are all potential EU-accession candidates.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2397application/pdfengHohenheimer Diskussionsbeiträge ; 288http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/239
oai:opus.uni-hohenheim.de:240
2008-03-28T09:48:01Z
ddc:330
pub-type:17
has-source-swb:false
Enlarging the EMU to the Eastwhat effects on trade?AnsgarBelkeJuliaSpies330OsteuropaMitteleuropaWirtschafts- und Währungsunion Europäische IntegrationCentral and Eastern European countriesEuro area enlargementgravity modelpanel estimationThe purpose of this paper is to assess the implications of the Economic and Monetary Union (EMU) accession of eight Central and Eastern European Countries (CEECs) on their share in EMU-12 imports. Overcoming biases related to endogeneity, omitted variables and sample selection, our results indicate that the common currency has boosted intra-EMU imports by 7%. Under the assumption that the same relationship between the explanatory variables and imports will hold for EMU-CEEC trade, we are able to predict the future impact of the euro. Our findings suggest that except for the least integrated countries, Poland, Latvia and Lithuania, all CEECs can expect increases in the EMU-12 import share.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2401application/pdfengHohenheimer Diskussionsbeiträge ; 289http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/240
oai:opus.uni-hohenheim.de:241
2008-02-18T14:36:44Z
ddc:330
pub-type:17
has-source-swb:false
Europäischer Lender of Last ResortMichaelKnittel330Lender of last resortKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2414application/pdfgerHohenheimer Diskussionsbeiträge ; 290http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/241
oai:opus.uni-hohenheim.de:242
2008-03-25T13:47:07Z
ddc:330
pub-type:17
has-source-swb:false
Perspectives of workers with low qualifications in Germany under the pressures of globalization and technical progressHaraldHagemannRalfRukwid330ArbeitslosigkeitGlobalisierungGeringe QualifikationLohntheorielow-skilled labourunemploymentwage inequalityglobalizationskill-based technological changeThis paper gives a detailed analysis of the perspectives of workers with low qualifications in Germany under the twofold pressures of globalization and technological change. First, alternative explanations for the skill-bias in the development of labour demand are discussed, with particular emphasis on the ?trade versus technology? debate. The consequences of the demand shift away from low-skilled labour in Germany are examined in a detailed empirical analysis
of the development of (un)employment problems differentiated for qualification groups. Compared to other advanced economies, Germany shows a higher unemployment rate among less-qualified workers which is generally associated with a lack of flexibility in the German wage structure. However, an analysis of German, U.S. and British wage data based on the Cross National Equivalent File (CNEF) does not confirm the assumption of a simple monocausal relationship between wage disparity and the intensity of group-specific unemployment. Finally, some political approaches for an improvement of the job prospects of less-qualified persons in Germany are outlined briefly and evaluated against the background of the empirical results.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2425application/pdfengHohenheimer Diskussionsbeiträge ; 291http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/242
oai:opus.uni-hohenheim.de:243
2008-03-28T09:51:12Z
ddc:330
pub-type:17
has-source-swb:false
Realzins, intertemporale Preise und makroökonomische StabilisierungReal interest rates, intertemporal prices and macroeconomic stabilizationein Streifzug durch die Theoriegeschichtea journey through the history of economic thoughtHeinz-PeterSpahn330RealzinsGeldpolitikGeldtheorieKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2431application/pdfgerHohenheimer Diskussionsbeiträge ; 292http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/243
oai:opus.uni-hohenheim.de:244
2008-03-28T10:02:18Z
ddc:330
pub-type:17
has-source-swb:false
What a difference trade makesexport activity and the flexibility of collective bargaining agreementsWolf DieterHeinbachStefanieSchröpfer330ExportTarifvertragThe prevalence of opening clauses in collective bargaining agreements may indicate a tendency to a higher decentralised wage settlement. Increasing competition on international product markets is assumed to be one reason for wage-setting decentralisation, whereas theoretical explanations focus currently on the change of production structure and the impact of exogenous shocks. Incorporating stylised facts about exporting firms, new trade models suggest a different way of adjustment to increasing competition depending on a firm?s nature. While the most productive exporters expand into new markets, small, less
productive non-exporters are threatened by import competition. Based on the model from Bernard et al. (2003), we apply the theoretical implications to explain why decentralisation in bargaining may arise. We examine in a second step whether small, less productive, non-exporting firms paying low average wages, possess a higher propensity to use opening clauses than more productive, large exporters with a high wage level. Based on IAB Establishment Data covering the German Manufacturing, our results indicate that firms exporting to EMU countries ? but not exporters in general ? have a lower propensity of using opening clauses than non-exporters. However, inconsistent with theory, slight evidence suggests a rising propensity with increasing firm size and increasing wage level.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2444application/pdfengHohenheimer Diskussionsbeiträge ; 293http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/244
oai:opus.uni-hohenheim.de:246
2008-03-25T14:14:26Z
ddc:330
pub-type:17
has-source-swb:false
To bind or not to bind collectively?decomposition of bargained wage differences using counterfactual distributionsWolf DieterHeinbachMarkusSpindler330TarifvertragTarifverhandlungLohnfestlegungcollective bargainingwage structurewage decompositionquantile regressionCollective bargaining agreements still play an important role in the German wage setting system. Both existing theoretical and empirical studies find that collective bargaining leads to higher wages compared to individually agreed ones. However, the impact of collective bargaining on the wage level may be very different along the wage distribution. As unions aim at compressing the wage distribution, one might expect that for covered workers? wages in the lower part of the distribution workers? individual characteristics may be less important than the coverage by a collective contract. In contrast, the relative importance of workers? individual characteristics may rise in the upper part of the wage distribution, whereas the overall wage difference might decline. Using the newly available German Structure of Earnings Survey (GSES) 1995 and 2001, a cross-sectional linked employer-employee-dataset from German official statistics, this study analyses the difference between collectively and individually agreed wages using a Machado/Mata (2005) decomposition type technique.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2007ResearchPaperurn:nbn:de:bsz:100-opus-2468application/pdfengHohenheimer Diskussionsbeiträge ; 294http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/246
oai:opus.uni-hohenheim.de:231
2008-05-30T07:45:10Z
ddc:330
pub-type:8
has-source-swb:false
Die Leistungsfähigkeit des handelsrechtlichen Jahresabschlusses und des IFRS-Jahresabschlusses deutscher Erstversicherungsunternehmen: eine kritische Analyse aus der Sicht von Eigentümern und VersicherungsnehmernThe usefulness of German GAAP and IFRS financial statements of German direct insurers: a critical analysis from the perspective of investors and policyholdersDavid F.Bacher330VersicherungsbilanzInternational Financial Reporting StandardsBilanzvergleichFair-Value-BewertungIFRS 4 Insurance ContractsInternational Financial Reporting Standard 4IFRS 4 Insurance ContractsFair value accountingInsurance accountingIFRSfinancial statementsIn recent years there has been a debate in Germany as to whether German GAAP accounting should be replaced by IFRS accounting. Besides that, it has been discussed how IFRS accounting regulations for insurers should be designed. In the view of these developments, this study compares three different types of financial statements - German GAAP financial statements, IFRS financial statements prepared under IFRSs as applicable at 31 December 2005, and fictitious IFRS financial statements, which are based on the Draft Statement of Principles (DSOP) - of German direct insurers and analyzes how well these different financial statements meet the needs of investors and policyholders. In the course of the study it is demonstrated that among these three different types of financial statements German GAAP financial statements show the most significant weaknesses and that consequently a transition to IFRS would be desirable from an investor's and policyholder's perspective.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartDirkHachmeisterProf. Dr.20072008Thesis.Doctoralurn:nbn:de:bsz:100-opus-2311application/pdfgerhttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/231
oai:opus.uni-hohenheim.de:202
2008-03-28T09:09:34Z
ddc:330
pub-type:17
has-source-swb:false
Instability of the Eurozone?on monetary policy, house prices and structural reformsAnsgarBelkeDanielGros330Europäisches Währungssystem GeldpolitikAsset prices, international competitiveness, EMU, instabilities, monetary overhang, monetary policy regime, structural reformThis paper deals with potential instabilities of the eurozone stemming from an insufficien interplay between monetary policy and reform effort on the one hand and the emergence of intra-euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and investigate this question by an examination of the relationship between fixed exchange rates and reform in two wider samples of countries. We also stress that loose monetary conditions which prevailed until some months ago can also manifest themselves in asset price inflation, notably in the housing market. When these bubbles burst, for example, when housing prices stop rising, this often leads to a prolonged period of economic instability and weakness rather than consumer price inflation.
As a second step, we point out that risks for EMU are not only increasing because longer-term disequilibria become evident in fiscal and monetary policy, but also because serious divergences are now appearing within the euro area which threaten its long-term cohesiveness. The most manifest example of this threat comes from what promises to be a long-term divergence between Germany and
Italy which for the time being was offset by asynchronous developments of house
prices in both countries. There are still large differences within the euro area, with the small countries performing much better than the large ones on almost every indicator. This suggests that better policies can make a large difference even if monetary policy is the same for everybody.
Finally, we construct a simple formal model in order to investigate whether
EMU is in danger from internal tensions which could lead to severe instabilities. The experience so far has shown that some countries are continuously losing competitiveness. Is this a structural problem in the sense that these countries just have problems in keeping inflation at level that does not imply a continuing loss of competitiveness? Or is the persistence of higher inflation one can observe in some countries due to the internal dynamics of a monetary union in which any country that starts with higher inflation rate also has a lower real interest rate, which stimulates demand, and thus leads potentially to even more inflation. The purpose of our theoretical section is to discuss what the main factors are which could lead to such diverging cycles.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2023application/pdfengHohenheimer Diskussionsbeiträge ; 271http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/202
oai:opus.uni-hohenheim.de:203
2008-03-28T09:11:32Z
ddc:330
pub-type:17
has-source-swb:false
Competition between airports with an application to the state of Baden-WürttembergDanielStrobach330FlughafenWettbewerbBaden-WürttembergAirport, catchment area, spatial competitionKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2034application/pdfengHohenheimer Diskussionsbeiträge ; 272http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/203
oai:opus.uni-hohenheim.de:204
2008-03-28T09:14:18Z
ddc:330
pub-type:17
has-source-swb:false
Auswirkungen von Steueränderungen im Bereich Entfernungspauschale und Werbungskostenein MikrosimulationsmodellGerhardWagenhalsJürgenBuck330EntfernungspauschaleMikrosimulationWerbungskostenDeutschland / Steueränderungsgesetz <2007>To overcome a lack of information in official income tax statistcs, we developed a statistical matching approach for adding additional data from the German Socio-Economic Panel (GSOEP) to the most recent official income tax statistics data as of 2002. Based on a representative dataset of more than 35000 original tax report extracts, we implemented a microsimulation model that calculates the fiscal impact of changes in the area of tax deductible income related expenses, in particular tax deductible expenses for traveling from home to work and the lump sum deductible for all income related expenses. The new model allows a more detailed simulation of the fiscal impact of changes in the German income tax law than previously possible.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2047application/pdfgerHohenheimer Diskussionsbeiträge ; 273http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/204
oai:opus.uni-hohenheim.de:250
2008-03-25T14:28:32Z
ddc:330
pub-type:17
has-source-swb:false
Trade effects of the Europe agreementsJuliaSpiesHelenaMarques330FreihandelEuropäische UnionHandelsabkommenFree trade agreementsgravity equationCentral and Eastern Europepanel dataThe eastern enlargement of the European Union (EU) brought and will bring full membership to countries whose trade barriers with the EU had to a large extent already been removed under Free Trade Agreements (FTAs) during the 1990s. We employ a theory-based new version of a gravity equation, whose specification allows for an assessment of the impact of the arrangements on extra- and intra-group imports. We find robust evidence that the agreements have substantially increased intra-group trade, in the case of the Czech and Slovak Republic at the expense of the Rest of the World (ROW).Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2508application/pdfengHohenheimer Diskussionsbeiträge ; 274http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/250
oai:opus.uni-hohenheim.de:251
2008-03-25T14:35:38Z
ddc:330
pub-type:17
has-source-swb:false
Downward nominal wage rigidity in European analysis of European micro data from the ECHP 1994-2001ChristophKnoppikThomasBeissinger330Europäische Union LohnstatistikLohnstarrheitDownward nominal wage rigiditywage stickinessEuropean Communityhousehold panelECHPhistogram-allocation approachEuropean Union This paper substantially extends the limited available evidence on existence and extent of downward nominal wage rigidity in the European Union and the Euro Area. For this purpose we develop an econometric multi-country model based on Kahn?s (1997) histogram-location approach and apply it to employee micro data from the European Community Household Panel (ECHP) for twelve of the EU?s current member states. Our estimates for the degree of downward nominal wage rigidity on the national as well as the EU-wide level point to marked downward nominal wage rigidity within the European Union.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2518application/pdfengHohenheimer Diskussionsbeiträge ; 275http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/251
oai:opus.uni-hohenheim.de:252
2008-03-28T09:57:36Z
ddc:330
pub-type:17
has-source-swb:false
Bargained wages in decentralized wage-setting regimesWolf DieterHeinbach330FlächentarifvertragLohnbildungCollective wage agreements still play an important role in the German wage bargaining system. However, there is a critical debate in Germany whether collective agreements deliver the flexibility needed by firms to adjust to the needs of international competition and technological change. In recent years, the social partners in some industries have responded to this possible lack of flexibility by introducing so called opening clauses into their collective bargaining agreements. These allow firms to deviate from their collective agreement under certain conditions.
The aim of this paper is to empirically analyze the prevalence of opening clauses in the German manufacturing sector and their impact on the wage structure. To provide a basis for the empirical analyses, a survey on the existence and intensity of opening clauses in central collective agreements has been conducted. Thereby, these sectoral data about opening clauses are exactly combined with those from the German Structure of Earnings Survey 1995 and 2001, a linked employer-employee dataset from German official statistics. The results show the number of collective bargaining agreements containing opening clauses increasing remarkably since 1991. Furthermore, the implementation of opening clauses into collective contracts creates significant effects on wages.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2521application/pdfengHohenheimer Diskussionsbeiträge ; 276http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/252
oai:opus.uni-hohenheim.de:253
2008-03-03T13:30:41Z
ddc:330
pub-type:17
has-source-swb:false
Neue Anforderungen an eine gesamtwirtschaftliche StabilisierungThomasBeissinger330StabilitätspolitikKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2533application/pdfgerHohenheimer Diskussionsbeiträge ; 277http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/253
oai:opus.uni-hohenheim.de:254
2008-03-03T13:31:24Z
ddc:330
pub-type:17
has-source-swb:false
Nobelpreis für Wirtschaftswissenschaften 2006 an Edmund S. PhelpsAnsgarBelkeKaiGeisslreitherThorstenPolleit330NobelpreisArbeitslosigkeitInflationKapitalakkumulationWirtschaftsnobelpreisKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2544application/pdfgerHohenheimer Diskussionsbeiträge ; 278http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/254
oai:opus.uni-hohenheim.de:255
2008-06-19T10:58:13Z
ddc:330
pub-type:17
has-source-swb:false
Money matters for inflation in the euro areaAnsgarBelkeWimKöstersMartinLeschkeThorstenPolleit330InflationGeldpolitikEuro <Währung>Europäische ZentralbankPART 1
ECB independence and price stability
The success of the stability oriented monetary policy of the ECB depends on the acceptance of the bank?s institutional set-up. In this context, the ECB?s political independence seems to be of the utmost importance. However, important pillars for safeguarding the bank?s political independence ? such as, for instance, governments? adherence to the European Stability and Growth Pact and the acceptance of the division of labor between fiscal and monetary policy ? induced) financial crisis which, in turn, could have a highly negative impact on output and employment.
PART 2
Monetary policy and structural reforms
What role does monetary policy play for structural reform in open economies? Empirical estimations were performed with panel data for 23 OECD countries from 1970 to 2000. Structural reform was measured by the Economic Freedom of the World index, whereas the monetary policy constraints were measured by a monetary commitment index and the prevailing exchange rate regime. ? Our results provide little evidence for the hypothesis that a discretionary monetary policy promotes structural reform and economic freedom. The results strongly argue against those views maintaining that a business cycle oriented and lax monetary policy has never and nowhere been detrimental for employment. In fact, our results show that discretionary monetary policies tend to lead to a lower degree of structural labor market reform and, hence, to lower employment. That said, the ECB should pursue a medium- to long-term oriented monetary policy if it wants to strengthen growth and employment in the euro area via supporting reforms.
PART 3
A critical view of the real interest rate concept
The concept of the neutral (real) interest rate (NRIR) ? as implied by the Taylor rule ? recommends monetary policy to set real interest rates at a level that closes, or at least smoothes, the output gap. We argue that such a policy, if put into practice, would entail substantial pitfalls. First, monetary policy is an inadequate tool for influencing real GDP: the central bank?s impact on long-term interest rates and GDP is actually small (or not existing); to make things worse, a cyclically oriented policy would provoke the well-known time-lag problem. Second, and perhaps most importantly, the NRIR concept is not necessarily compatible with price stability, as it ignores the impact of credit and money growth on inflation. ? As a result, we are in favour of a long-term oriented monetary policy that has a strong focus on money and credit growth and asset prices. Such a monetary policy would not only be compatible with the objective of price stability. It would also reduce the risk of the economy falling into (a monetary induced) financial crisis which, in turn, could have a highly negative impact on output and employment.
PART 4
ECB monetary policy and euro inflation outlook
Even at a main refinancing rate of 3.25%, ECB monetary policy remains very expansionary. We forecast annual HICP inflation in 2007 to be 2.3% on average (including the German VAT hike). Due to strong excess liquidity, annual consumer price inflation is likely to remain at 2.3% in 2008. We recommend raising ECB rates further to around 4.0%, for reducing credit and money supply growth, thereby dampening inflationary pressure. ? Our money demand analyses for the euro area suggest that, in recent years, excess liquidity might have been translating in great part into asset price inflation rather than consumer price inflation. The results indicate that headline M3 growth is actually much more closely related to the ongoing loss of purchasing of money power of the euro ? that is consumer and asset price inflation ? than may be widely believed. That said, for keeping inflation in check it seems advisable for the ECB to set interest rates in line with the signals provided by (trend) money supply (excess liquidity).Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2006ResearchPaperurn:nbn:de:bsz:100-opus-2554application/pdfengHohenheimer Diskussionsbeiträge ; 279http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/255
oai:opus.uni-hohenheim.de:289
2008-07-17T08:44:26Z
ddc:330
pub-type:17
has-source-swb:false
Equity and aggregation in environmental valuationMichaelAhlheimUlrikeLehr330Kosten-Nutzen-AnalyseUmweltschutzausgabenEnvironmental valuation studies aim at the assessment of the social benefits or the social costs caused by some change in environmental quality (in the broadest sense). The most popular field of application of environmental valuation studies is project appraisal where the benefits arising from some environmental project (measured in terms of people's willingness to pay for that project) are assessed and confronted with the costs of the project or with the benefits from some alternative project if a choice has to be made between different projects. A closer look at the results of empirical valuation studies shows that in many surveys a negative correlation between the number auf household members and the willingness to pay (WTP) stated by a household for a project can be observed. These results are rather puzzling because in larger households more people are going to benefit from an environmental improvement than in small households. A plausible explanation for these results is that household budgets are tighter for large households than for smaller households with the same household income. Therefore, large households must state a smaller WTP for a project than smaller households with the same income and the same preferences. This might have consequences for the allocation of public funds in all cases where the realization of a specific environmental project depends on the absolute value of the aggregate social benefits it generates. In order to calculate the social benefits typically the WTPs of the different households affected by that project are added up. In this aggregation process the members of larger households have a lower weight and, therefore, their WTP has a smaller impact on the decision if a certain project is realized or not. The reason for this violation of the principle of horizontal equity is that for the computation of the social benefits not individual but household WTPs are aggregated. In this paper we suggest to use household equivalence scales for the evaluation of WTP data in order to reduce this discrimination of the members of large families. We demonstrate the effects of equivalence scales on the results of environmental valuation surveys using an empirical study carried out in Eastern Germany.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-2892application/pdfengHohenheimer Diskussionsbeiträge ; 295http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/289
oai:opus.uni-hohenheim.de:292
2008-07-22T11:59:49Z
ddc:330
pub-type:17
has-source-swb:false
Better than their reputationa case for mail surveys in contingent valuationMichaelAhlheimBenchaphunEkasinghOliverFrörJirawanKitchaicharoenAndreasNeefChapikaSangkapituxNopasomSinphurmsukskul330Thailand <Nord>ErhebungsverfahrenThough contingent valuation is the dominant technique for the valuation of public projects, especially in the environmental sector, the high costs of contingent valuation surveys prevent the use of this method for the assessment of relatively small projects. The reason for this cost problem is that typically only contingent valuation studies which are based on face-to-face interviews are accepted as leading to valid results. Especially in countries with high wages face-to-face surveys are extremely costly considering that for a valid contingent valuation study a minimum of 1,000 completed face-to-face interviews is required. In this paper we try a rehabilitation of mail surveys as low-budget substitutes for costly face-to-face surveys. Based on an empirical contingent valuation study in Northern Thailand we show that the validity of mail surveys can be improved significantly if so-called citizen expert groups are employed for a thorough survey design.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-2927application/pdfengHohenheimer Diskussionsbeiträge ; 297http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/292
oai:opus.uni-hohenheim.de:290
2008-07-31T08:37:53Z
ddc:330
pub-type:8
has-source-swb:false
Externe Umweltberichterstattung der UnternehmenExternal environmental reportings of the firmsökonomische Notwendigkeit und Anforderungskriterieneconomic need and requirementsStefan R.Berkau330UmweltinformationssystemUmweltinformationUmweltbilanzUmweltbericht, Ökobilanz, EMAS, ISO 14001, Umweltmanagement ÖkocontrollingEcological reporting---Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartWolfgangEiseleProf. Dr.20072007Thesis.Doctoralurn:nbn:de:bsz:100-opus-2903application/pdfgerhttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/290
oai:opus.uni-hohenheim.de:299
2008-09-05T16:48:31Z
ddc:330
pub-type:17
has-source-swb:false
Landslides in mountainous regions of Northern Vietnamcauses, protection strategies and the assessment of economic lossesMichaelAhlheimOliverFrörAntoniaHeinkeAlwinKeilMinh DucNguyenVan DinhPhamCamilleSaint-MacaryManfredZeller330NordvietnamErdrutschLandslides are a severe problem during the rainy season in many mountainous regions in Asia where forests have been cut so that mountain slopes are destabilized. In this study we analyze the extent and causes of landslides in a mountainous area in Northern Vietnam as viewed from the perspective of the concerned population. We also scrutinize the ideas of these people regarding suitable landslide protection measures and their willingness to contribute to the practical implementation of these measures. It shows that nearly all people living in this area feel highly concerned about the frequent landslide events and that they support the idea of government programs to mitigate the danger of future landslides. We measure the utility they expect from such a landslide protection program, i. e. the social value of such a program, in terms of their willingness to contribute personally to its implementation. Since budgets are tight in these rural areas where subsistence farming still prevails we also analyze the possibilities to measure these expected utility gains in terms of people's willingness to contribute working time instead of money to the proposed landslide protection program. The prospect of employing such an alternative means of contribution is, however, seen rather critical.
Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-2990application/pdfengHohenheimer Diskussionsbeiträge ; 298http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/299
oai:opus.uni-hohenheim.de:317
2008-12-11T08:11:21Z
ddc:330
pub-type:17
has-source-swb:false
Effekte verschiedener RabattformenÜberlegungen zu einem ökonomisch fundierten AnsatzRomanInderstUlrichSchwalbe330RabattKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-3172application/pdfgerHohenheimer Diskussionsbeiträge ; 299http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/317
oai:opus.uni-hohenheim.de:325
2009-03-26T15:27:14Z
ddc:330
pub-type:17
has-source-swb:false
Licht und Schatten zentralisierter Kapitalallokationdie Wirkung Interner Kapitalmärkte auf den UnternehmenswertStephanEberl330KapitalallokationUnternehmensbewertungKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-3258application/pdfgerHohenheimer Schriften : Rechnungswesen - Steuern - Wirtschaftsprüfung ; 2008,1http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2008/325
oai:opus.uni-hohenheim.de:336
2010-06-11T13:59:42Z
ddc:330
pub-type:17
has-source-swb:false
New economic geography reloadedlocalized knowledge spillovers and the geography of innovationJulian PhillipChrist330InnovationIndustriegeographieNew Economic Geography Growthgeography of innvationlocalized knowledge spilloversdynamic externalitiescore-peripheryDespite the increasing and newly inspired interests in geographical economics and industry location theory, the majority of existing New Economic Geography models ignores the interdependence between spatial concentration, knowledge diffusion, invention and growth. For this reason, the paper exclusively surveys the emergence and development of New Economic Geography Growth models in the context of the existing geography of innovation literature. The first part of the paper contributes with a classification of first- and second-nature
causes of agglomeration and clustering. This part will also discriminate between static and dynamic externalities. Therefore, the chapter particularly compiles the differences between urbanization and localization externalities, and MAR, Jacobian and Porter externalities. A second concern of the paper is to highlight the modeling peculiarities of New Economic Geography Growth models. Besides approaching the main differences and similarities between first- and second-generation NEG models, the paper additionally reviews and discloses
complemental contributions to the geography of innovation literature in the course of time. For this purpose, the paper examines in a meta-study 61 empirical contributions, which are related to the knowledge production function, the concept of spatial dependence and knowledge spillovers. The meta-study is complemented by bibliometric research. The paper ultimately concludes that the empirical studies that are related to the concept of (localized) knowledge spillovers and spatial association have caused a fundamental upgrading of the New Economic Geography literature towards non-pecuniary externalities. Consequently, the paper shows that recently developed second-generation NEG models offer alternative backward and forward linkages, which similarly determine centripetal and centrifugal forces, circular causality and finally the geography of innovation.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2009ResearchPaperurn:nbn:de:bsz:100-opus-3368application/pdfengFZID discussion papers ; 01http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/336
oai:opus.uni-hohenheim.de:337
2010-06-11T13:59:55Z
ddc:330
pub-type:17
has-source-swb:false
Market field structure and dynamics in industrial automationAndré P.Slowak330InnovationIndustrieforschungstandard-settinginnovationindustry dynamics and contextindustrial automationThere is a research tradition in the economics of standards which addresses standards wars, antitrust concerns or positive externalities from standards. Recent research has also dealt with the process characteristics of standardisation, de facto standard-setting consortia and intellectual property concerns in the technology specification or implementation phase. Nonetheless, there are no studies which analyse capabilities, comparative industry dynamics or incentive structures sufficiently in the context of standard-setting. In my study, I address the characteristics of collaborative research and standard-setting as a new mode of deploying assets beyond motivations well-known from R&D consortia or market alliances. On the basis of a case study of a leading user organisation in the market for industrial automation technology, but also a descriptive network analysis of cross-community affiliations, I demonstrate that there must be a paradoxical relationship between cooperation and competition. More precisely, I explain how there can be a dual relationship between value creation and value capture respecting exploration and exploitation. My case study emphasises the dynamics between knowledge stocks (knowledge alignment, narrowing and deepening) produced by collaborative standard setting and innovation; it also sheds light on an evolutional relationship between the exploration of assets and use cases and each firm's exploitation activities in the market. I derive standard-setting capabilities from an empirical analysis of membership structures, policies and incumbent firm characteristics in selected, but leading, user organisations. The results are as follows: the market for industrial automation technology is characterised by collaboration on standards, high technology influences of other industries and network effects on standards. Further, system integrators play a decisive role in value creation in the customer-specific business case. Standard-setting activities appear to be loosely coupled to the products offered on the market. Core leaders in world standards in industrial automation own a variety of assets and they are affiliated to many standard-setting communities rather than exclusively committed to a few standards. Furthermore, their R&D ratios outperform those of peripheral members and experience in standard-setting processes can be assumed. Standard-setting communities specify common core concepts as the basis for the development of each member's proprietary products, complementary technologies and industrial services. From a knowledge-based perspective, the targeted disclosure of certain knowledge can be used to achieve high innovation returns through systemic products which add proprietary features to open standards. Finally, the interplay between exploitation and exploration respecting the deployment of standard-setting capabilities linked to cooperative, pre-competitive processes leads to an evolution in common technology owned and exploited by the standard-setting community as a particular kind of innovation ecosystem.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2009ResearchPaperurn:nbn:de:bsz:100-opus-3374application/pdfengFZID discussion papers ; 02http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/337
oai:opus.uni-hohenheim.de:334
2009-02-10T13:35:07Z
ddc:330
pub-type:8
has-source-swb:false
A hybrid model of electronic negotiationEin hybrides elektronisches Verhandlungsmodellintegration of negotiation support and automated negotiation modelsIntegration von Verhandlungsunterstützung und automatisierten VerhandlungsmodellenMoez urRehman330Agent <Künstliche Intelligenz>Verhandlungs-InformationssystemElectronic CommerceNegotiation Support SystemsAutomated NegotiationsHuman-Agent NegotiationElectronic business negotiations are enabled by different electronic negotiation models: automated negotiation models for software agents, negotiation support models for human negotiators, and auction models for both. To date, there is no electronic negotiation model that enables bilateral multi-issue negotiations between a human negotiator and a negotiation agent?an important task in electronic negotiation research. In this thesis, a model is presented that integrates the automated negotiation model and the negotiation support model. The resulting hybrid negotiation model paves the way for human-agent business negotiations. The integration of two models is realised at the levels of negotiation process, communication support and decision making.
To this end, the negotiation design, negotiation process, negotiation decision making, and negotiation communication in negotiation support systems (NSSs) and agent negotiation systems (ANSs) are studied and analysed. The analyses on these points help in strengthening the motivation behind hybrid negotiation model and setting aims for the integration of an NSS and an ANS in hybrid negotiation model. We mainly propose a human-agent negotiation design, negotiation process protocols to support the design, a hybrid communication model for human-agent interaction, an agent decision-making model for negotiation with human, and a component for interoperability between NSS and ANS. The agent decision-making model is composed of heuristic and argumentation-based negotiation techniques. It is proposed after analysing different automated negotiation models for different human negotiation strategies. The proposed communication model supports human negotiator and negotiation agent to understand and process negotiation messages from each other. This communication model consists of negotiation ontology, a wrapper agent, and a proper selection of an agent communication language (ACL) and a content language. The wrapper agent plays a role for interoperability between agent system and NSS by providing a communication interface along with the negotiation ontology. The negotiation ontology, ACL and agent content language make the communication model of negotiation agent in ANS. The proposed hybrid model is realised by integrating an ANS into NSS Negoisst. The research aim is to show that a hybrid negotiation system, composed of two heterogeneous negotiation models, can enable human-agent multi-issue integrative negotiations.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartMareikeSchoopProf. Dr.20082008Thesis.Doctoralurn:nbn:de:bsz:100-opus-3344application/pdfenghttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/334
oai:opus.uni-hohenheim.de:328
2009-02-10T14:26:08Z
ddc:330
pub-type:8
has-source-swb:false
Disclosure of executive remuneration in large banksOffenlegung von Managergehältern bei GroßbankenMaxSchott330Corporate GovernanceOffenlegung von ManagergehälternBankenKosten für EigenkapitalÜberrenditendisclosure of executive remunerationcorporate governancebankscost of equity capitalabnormal stock returnsThe first part of this thesis analyzes and quantifies the magnitude of executive remuneration disclosure of the world?s 245 largest exchange-listed banks, using annual reports as the primary source of information, and the diverse disclosure rules in the 31 countries in which these banks are domiciled. Descriptive statistics suggests that banks located in common law countries have higher (more than three times in terms of the quantifying proxy) disclosure compared to banks in civil law countries. Banks in common law countries generally surpass country-level disclosure requirements, whereas those in countries with civil law tradition fall short. Using factor analysis and regression analysis, the evidence supports a statistically stronger relationship of disclosure quality with systemic determinants like law paradigm and type of financial system than with market size effects.
The second part addresses the question whether better disclosure of executive remuneration explains lower risk premiums demanded by investors and/or better stock performance. The evidence suggests that better disclosure significantly corresponds with and supports higher Sharpe ratios and higher Tobin?s qs. With respect to price-earnings ratios, lower risk premiums - and thus higher price-earnings ratios - can be supported by better disclosure if a special gauging of the outlier is applied.
The third part hypothesizes that better disclosure supports higher abnormal stock returns controlled for the risk prices of volatility, size, book-to-market ratio and momentum. The evidence suggests that an investment strategy that buys the stocks of the half of the banks with above-average disclosure of executive remuneration and sells short the stocks of the half of the banks with below-average disclosure generates a (striking) 8.4% annually mean abnormal return between January 1995 and December 2006. The result is robust to varied portfolio compositions and different model specifications.
Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und SozialwissenschaftenGarbenstr. 15, 70593 StuttgartHans-PeterBurghofProf. Dr.20082008Thesis.Doctoralurn:nbn:de:bsz:100-opus-3281application/pdfenghttp://opus.uni-hohenheim.de/doku/lic_ubh.phpthesis.doctoralKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimFakultät Wirtschafts- und Sozialwissenschaften1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/328
oai:opus.uni-hohenheim.de:331
2009-02-24T15:18:07Z
ddc:330
pub-type:17
has-source-swb:false
Does immigration boost per capita income?Gabriel J.FelbermayrSanneHillerDavideSala330MigrationArbeitsmarktgravity modelinternational tradeinternational migrationcross-country income regressionUsing a cross-section of countries, we adapt Frankel and Romer's (1999) IV strategy to international labor mobility. Controlling for institutional quality, trade, and financial openness, we establish a robust and non-negative causal effect of immigration on real percapita income.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-3314application/pdfengHohenheimer Diskussionsbeiträge ; 300http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/331
oai:opus.uni-hohenheim.de:332
2012-10-29T13:16:41Z
ddc:330
pub-type:17
has-source-swb:false
Globalization and the spatial concentration of productionFriederikeNiepmannGabriel J.Felbermayr330AußenhandelProduktionstheorieHome market effecthub effect, trade liberalizationtrade costsincreasing returns to scalenew trade theoryeconomic geographyNew trade theory models predict that freer trade increases the spatial concentration of industrial production across countries. While nations with large home markets and central geographical location become increasingly attractive business locations, small peripheral countries gradually deindustrialize. Using data for 26 industries, 20 OECD countries and 20 years, we investigate the empirical validity of this claim. Separating out the role of home market size from geographical factors, and using various panel methods, we find robust evidence in line with theory. Freer trade has indeed magnified the importance of domestic demand and geographical location for the pattern of industrial production across the globeand has therefore exacerbated spatial disparities.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-3325application/pdfengHohenheimer Diskussionsbeiträge ; 301http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/332
oai:opus.uni-hohenheim.de:333
2009-02-16T15:32:06Z
ddc:330
pub-type:17
has-source-swb:false
The pro-trade effect of the brain drainsorting out confounding factorsGabriel J.FelbermayrBenjaminJung330WelthandelMigrationinternational tradegravity modelbrain drainWe sort out confounding factors in the empirical link between bilateral migration and trade. Using newly available panel data on developing countries? diaspora to rich OECD nations in a theory-grounded gravity model, we uncover a robust, causal pro-trade effect. Moreover, we do not find evidence in favor of strong differences across education groups.Kommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-3331application/pdfengHohenheimer Diskussionsbeiträge ; 302http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/333
oai:opus.uni-hohenheim.de:329
2009-02-26T11:02:05Z
ddc:330
pub-type:17
has-source-swb:false
Standard-setting and knowledge dynamics in innovation clustersJulian P.ChristAndré P.Slowak330BiotechnologieCluster <Wirtschaft>Innovationspotenzialinnovation clustersstandard-settingknowledge externalities and flowsknowledge alignmentmechanical engineeringbiotechnologyKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-3296application/pdfengHohenheimer Diskussionsbeiträge ; 303http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/329
oai:opus.uni-hohenheim.de:293
2009-03-04T10:20:59Z
ddc:330
pub-type:17
has-source-swb:false
Rückblick auf fünfzig Jahre in der BevölkerungsstatistikGerhardGröner330BevölkerungsstatistikKommunikations-, Informations- und Medienzentrum der Universität HohenheimHohenheimGarbenstr. 15, 70593 Stuttgart2008ResearchPaperurn:nbn:de:bsz:100-opus-2932application/pdfgerHohenheimer Diskussionsbeiträge ; 296http://opus.uni-hohenheim.de/doku/lic_ubh.php1aus: Praesentationsformathttp://opus.uni-hohenheim.de/volltexte/2009/293
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