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  1. Institutions, holdup and automation
    Erschienen: 2021
    Verlag:  Global Labor Organization (GLO), Essen

    What drives investment in automation technologies? This paper documents a positive relationship between labor-friendly institutions and investment in industrial robots in a sample of developing and advanced economies. Institutions explain a... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    What drives investment in automation technologies? This paper documents a positive relationship between labor-friendly institutions and investment in industrial robots in a sample of developing and advanced economies. Institutions explain a substantial share of cross-country variation in automation. The relationship between institutions and robots is stronger in sunk cost-intensive industries, where producers are vulnerable to holdup. The result suggests that one reason for producers to invest in automation is to thwart rent appropriation by labor. As a consequence, policies aimed at supporting workers' welfare by increasing their bargaining power might actually reduce their employment opportunities.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/242821
    Schriftenreihe: GLO discussion paper ; no. 941
    Schlagworte: automation; robots; holdup; institutions; unions; sunk costs; appropriability; bargaining; frictions; rents; technology adoption
    Umfang: 1 Online-Ressource (circa 68 Seiten), Illustrationen
  2. Very simple Markov-perfect industry dynamics
    empirics
    Erschienen: 2 October 2018
    Verlag:  CentER, Center for Economic Research, Tilburg

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
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    Auflage/Ausgabe: Revised version of CentER discussion paper no. 2017-021
    Schriftenreihe: Discussion paper / CentER, Center for Economic Research ; no. 2018, 040
    Schlagworte: demand uncertainty; dynamic oligopoly; firm entry and exit; nested fixed point estimator; sunk costs; toughness of competition; cunterfactual plicy analysis
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  3. Duality in production
    Erschienen: February 5, 2018
    Verlag:  Vancouver School of Economics, University of British Columbia, Vancouver, B. C., Canada

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    Sprache: Englisch
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    Format: Online
    Schriftenreihe: Discussion paper / Vancouver School of Economics, University of British Columbia ; 18, 02
    Schlagworte: Production theory; duality theory; cost functions; production functions; joint cost functions; national product functions; GDP functions; variable profit functions; properties of producer demand and supply functions; Shephard’s Lemma; Hotelling’s Lemma,Samuelson’s Lemma; flexible functional forms; estimation of technical progress; the valuation of public sector outputs; modeling monopolistic behavior; sunk costs
    Umfang: 1 Online-Ressource (circa 96 Seiten), Illustrationen
  4. Soft power
    the media industries in Britain since 1870
    Autor*in: Bakker, Gerben
    Erschienen: 2014
    Verlag:  London School of Economics, Dept. of Economic History, London

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    Sprache: Englisch
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    Format: Online
    Schriftenreihe: Economic history working papers / LSE, Economic History Department ; 200
    Schlagworte: media industries—economic history; consumer expenditure; revealed comparative advantage; Britain; 1870-2010; industrialisation of services; sunk costs; quality races; toll goods; superstars; agglomeration benefits; media policy; ‘happiness’; advertising; news agencies; books; publishing; theatre; recorded music; film industry; broadcasting; radio; television; videogame
    Umfang: Online-Ressource (54 S.), graph. Darst.
  5. How they made news pay
    news traders' quest for crisis-resistant business models
    Autor*in: Bakker, Gerben
    Erschienen: 2014
    Verlag:  London School of Economics, Dept. of Economic History, London

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    Sprache: Englisch
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    Schriftenreihe: Economic history working papers / LSE, Economic History Department ; 206
    Schlagworte: news agencies; history; Reuters; Havas; the Associated Press; Wolff-Continental; ANP; Arrow's fundamental paradox of information; business models; sunk costs; market structure; history; toll goods; quasi-public goods; financial crises; Kenneth J. Arrow
    Umfang: Online-Ressource (47 S.), graph. Darst.