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Innovation, Employment and Growth Policy Issues in the EU and the US / edited by Paul J.J. Welfens, John T. Addison

Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: SpringerLink BücherPublisher: Berlin, Heidelberg : Springer-Verlag Berlin Heidelberg, 2009Description: Online-Ressource (32, 352 pages with 49 illustrations, digital)ISBN:
  • 9783642006319
Subject(s): Additional physical formats: 9783642006302 | Buchausg. u.d.T.: Innovation, employment and growth policy issues in the EU and the US. Berlin : Springer, 2009. XXXII, 352 S.DDC classification:
  • 338.9
  • 338.91
RVK: RVK: QC 344 | QC 347LOC classification:
  • HD87-87.55
  • HC240.I5
DOI: DOI: 10.1007/978-3-642-00631-9Online resources:
Contents:
1 Structural Change, Innovation and Growth in the Single EU Market; 1.1 Introduction; 1.2 Theory of Structural Change, Innovation and Growth; 1.2.1 Basic Dimensions of Structural Change; 1.2.2 Capital Mobility and Other Non-Neoclassical Imperfections; 1.2.3 Demand-Side Perspective of Structural Change; 1.2.4 A Demand-Side and Supply-Side Growth Perspective; 1.2.5 Dynamic Schumpeterian Perspectives; 1.3 Empirical Analysis; 1.3.1 Selected Innovation Traits and Structural Change; 1.3.2 The Bazaar-Effect; 1.3.2.1 Motor Vehicles; 1.3.2.2 Machinery and Equipment; 1.3.2.3 Chemical Products
1.3.2.4 Radio, Television and Communication Equipment1.3.2.5 Textiles; 1.3.2.6 Office Machinery; 1.3.3 Net Bazaar Effect; 1.3.4 The Current Account and Intermediate Products Plus FDI; 1.4 Policy Conclusions; 1.5 Annex 1: A Demand-Side and Supply-Side Growth Perspective; 1.5 Annex 2: NACE Rev. 1.1. Classification (in Parts); References; 2 Wage Dispersion in Germany and the US: Is There Compression from Below?; 2.1 Introduction; 2.2 Theoretical Considerations; 2.2.1 Wage Compression Form Below: The Accordion Effect; 2.2.2 Actual and Counterfactual Distribution
2.2.3 The Accordion Effect and Inter-Quantile Distances2.2.4 The US as a Reference Case; 2.2.5 Comparing Different Groups of Workers; 2.3 Data; 2.3.1 Data Sources; 2.3.2 Harmonization of Data; 2.4 Results; 2.4.1 Comparing the Aggregate Wage Distribution Between Germany and the US; 2.4.2 Results for Different Skill Groups; 2.5 Conclusions; References; 3 The Performance Effects of Unions, Codetermination, and Employee Involvement: Comparing the United States and Germany (with an Addendum on the United Kingdom)*; 3.1 Introduction; 3.2 Theoretical Conjectures; 3.3 US Evidence
3.3.1 Union Effects on Firm Performance3.3.2 The Employee Involvement/High Performance Work Practice Literature; 3.4 German Evidence; 3.4.1 Works Councils and Establishment Performance; 3.4.2 EI/HPWP, Works Councils and Firm Performance; 3.5 Conclusions; 3.6 Addendum: The British Evidence on Unionism and Firm Performance; 3.6.1 Introduction; 3.6.2 Establishment Performance Outcomes; 3.6.2.1 Profitability; 3.6.2.2 Productivity; 3.6.2.3 Investment; 3.6.2.4 Employment; 3.6.2.5 Plant Closings; 3.6.3 Unions, Employee Involvement and Other Workplace Practices; 3.6.4 Interpretation; References
4 Ageing and Pension Reforms: Simulations and Policy Options4.1 Introduction and Overview; 4.2 Some Facts About Population Ageing; 4.3 The Overlapping Generations Model; 4.4 Results; 4.5 Concluding Remarks; References; 5 Ageing and Global Capital Flows; 5.1 Ageing and Savings; 5.2 Ageing and Investment; 5.3 Ageing and Capital Flows: The Case of Germany; References; 6 Effects of the Ageing Population on Capital Markets; 6.1 Introduction; 6.2 Supply of Savings; 6.3 Availability of Investment Vehicles; 6.4 Financial Equilibrium of Individual Countries; 6.5 Allocation of Savings
6.6 Some Conclusions
Summary: The EU and the U.S. confront distinct factor market dynamics and common policy challenges. Labor market developments and long-term changes in capital markets and capital flows represent key problems in aging societies. The analyses presented here compare the European and U.S. patterns in this regard. Moreover, Schumpeterian innovation dynamics as well as energy policy issues receive attention. Considerable differences in innovation dynamics are reported across countries. The book charts the role of different innovation systems and knowledge societies and highlights different policy approaches. Another focus is upon structural changes and innovation in open economies. Finally, medium and long-term options for transatlantic cooperation are evaluated against the backdrop of the Lisbon agenda.PPN: PPN: 1648303080Package identifier: Produktsigel: ZDB-2-SBE
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