Now showing items 1-20 of 641

  • Firms in Scottish High Technology Clusters: software, life sciences, microelectronics, optoelectronics and digital media – preliminary evidence and analysis on firm size, growth and optimality 

    Reid, Gavin C; Ujjual, Vandana (University of St AndrewsUniversity of Sussex, 2008)
    This paper reports on: (a) new primary source evidence on; and (b) statistical and econometric analysis of high technology clusters in Scotland. It focuses on the following sectors: software, life sciences, microelectronics, ...
  • International Corporate Taxation and U.S. Multinationals’ Behavior: an Integrated Approach 

    Azémar, Céline (University of Glasgow, 2008)
    Using data from the International Revenue Service, this paper explores the effcts of corporate taxation on U.S. capital invested abroad and on tax planning practices (dividend payments, income shifting, and passive ...
  • Public Sector Pay in Finland 

    Chatterji, Monojit; Maczulskij, Terhi; Pehkonen, Jaakko (University of DundeeUniversity of Jyväskylä, 2008)
    This study analyses the forces determining public and private sector pay in Finland. The data used is a 7 per cent sample taken from the Finnish 2001 census. It contains information on 42 680 male workers, of which 8 759 ...
  • Chebyshev polynomial approximation to approximate partial differential equations 

    Caporale, Guglielmo Maria; Cerrato, Mario (University of GlasgowBrunel UniversityLondon Metropolitan University, 2008)
    This paper suggests a simple method based on Chebyshev approximation at Chebyshev nodes to approximate partial differential equations. The methodology simply consists in determining the value function by using a set of ...
  • The Relative Efficiency of Automatic and Discretionary Industrial Aid 

    Swales, J. Kim (University of Strathclyde, 2008)
    For the last two decades, the primary instruments for UK regional policy have been discretionary subsidies. Such aid is targeted at “additional” projects - projects that would not have been implemented without the subsidy ...
  • Democratization as a cost-saving device 

    Angeles, Luis (University of Glasgow, 2008)
    We propose a theoretical analysis of democratization processes in which an elite extends the franchise to the poor when threatened with a revolution. The poor could govern without changing the political system by maintaining ...
  • The Importance of Revenue Sharing for the Local Economic Impacts of a Renewable Energy Project: A Social Accounting Matrix Approach 

    Allan, Grant; Ault, Graham; McGregor, Peter G.; Swales, J. Kim (University of Strathclyde, 2008)
    As demand for electricity from renewable energy sources grows, there is increasing interest, and public and financial support, for local communities to become involved in the development of renewable energy projects. In ...
  • Is the consumption-income ratio stationary? Evidence from linear and nonlinear panel unit root tests for OECD and non-OECD countries 

    Cerrato, Mario; de Peretti, Christian; Stewart, Chris (University of GlasgowUniversity of Lyon, 2008)
    This paper applies recently developed heterogeneous nonlinear and linear panel unit root tests that account for cross-sectional dependence to 24 OECD and 33 non-OECD countries’ consumption-income ratios over the period ...
  • Longitudinal analysis of income-related health inequality 

    Allanson, Paul; Petrie, Dennis; Gerdtham, Ulf-G (University of DundeeUniversity of Aberdeen, 2008)
    This paper considers the characterisation and measurement of income-related health inequality using longitudinal data. The paper elucidates the nature of the Jones and Lopez Nicholas (2004) index of “health-related income ...
  • Labour Market Imperfections, International Integration and Selection 

    Montagna, Catia; Nocco, Antonella (University of DundeeUniversity of Salento (Lecce), 2008)
    Although a large body of literature has focused on the effects of intra-firm differences on export performance, relatively little attention has been devoted to the interaction between firms' selection and international ...
  • Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption 

    Leith, Campbell; Moldovan, Ioana; Rossi, Raffaele (University of Glasgow, 2008)
    While consumption habits have been utilised as a means of generating a humpshaped output response to monetary policy shocks in sticky-price New Keynesian economies, there is relatively little analysis of the impact of ...
  • The Global Side of the Investment-Savings Puzzle 

    Byrne, Joseph P.; Fiess, Norbert; Fazio, Giorgio (University of GlasgowUniversiy of Palermo, 2008)
    In this paper we re-examine the long standing and puzzling correlation between national savings and investment in industrial countries. We apply an econometric methodology that allows us to separate idiosyncratic correlation ...
  • Inequality, Happiness and Relative Concerns: What Actually is their Relationship? 

    Hopkins, Ed (University of Edinburgh, 2008)
    This paper briefly and informally surveys different theoretical models of relative concerns and their relation to inequality. Models of inequity aversion in common use in experimental economics imply a negative relation ...
  • The long run relationship between stock prices and goods prices: new evidence from panel cointegration 

    Gregoriou, Andros; Kontonikas, Alexandros (University of GlasgowBrunel Business School, 2008)
    We examine the long run relationship between stock prices and goods prices to gauge whether stock market investment can hedge against inflation. Data from sixteen OECD countries over the period 1970-2006 are used. We ...
  • The Dynamics of UK and US Inflation Expectations 

    Gefang, Deborah; Koop, Gary; Potter, Simon M. (University of StrathclydeUniversity of LancasterFederal Reserve Bank of New York, 2008)
    This paper investigates the relationship between short term and long term in ation expectations in the US and the UK with a focus on iflation pass through (i.e. how changes in short term expectations affect long term ...
  • Why is it so Hard to Value Intangibles? Evidence from Investments in High-Technology Start-Ups 

    Reid, Gavin C; Smith, Julia A (University of St AndrewsUniversity of Strathclyde, 2008)
    The paper uses a range of primary-source empirical evidence to address the question: ‘why is it to hard to value intangible assets?’ The setting is venture capital investment in high technology companies. While the investors ...
  • Outsourcing versus FDI in oligopoly equilibrium 

    Leahy, Dermot; Montagna, Catia (University of DundeeNational University of Ireland, 2008)
    We consider the make-or-buy decision of oligopolistic firms in an industry in which final good production requires specialised inputs. Factor price considerations dictate that firms acquire the intermediate abroad, by ...
  • Demographic Transitions: analyzing the effects of mortality on fertility 

    Angeles, Luis (University of Glasgow, 2008)
    The effect of mortality reductions on fertility is one of the main mechanisms stressed by the recent growth literature in order to explain demographic transitions. We analyze the empirical relevance of this mechanism based ...
  • China´s new labour contract law: no harm to employment? 

    Chen, Yu-Fu; Funke, Michael (University of DundeeHamburg University, 2008)
    In January 2008, China imposed a new labour contract law. This new law is the most significant reform to the law of employment relations in mainland China in more than a decade. The paper provides a theoretical framework ...
  • Do Institutions Matter for Foreign Direct Investment? 

    Ali, Fathi; Fiess, Norbert; MacDonald, Ronald (University of Glasgow, 2008)
    In this paper the role of institutions in determining foreign direct investment (FDI) is investigated using a large panel of 107 countries during 1981 and 2005. We find that institutions are a robust predictor of FDI and ...

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