Departing from Hirshleifer (1995),we analyse a dynamic contest situation by means of evolutionary simulations. The dynamic link in the model consists in that the resource input in one period of the contest…
In this study, I analyze the relationship between IT use and wages in West Germany in 1998/99. I use two estimation approaches: regression based matching and matching on the propensity score. The richness of the…
This paper analyzes the determinants of computer use by male employees and estimates the impact of computer use on the employment status for older workers, based on individual data from the German Socio-Economic…
As the innovation process of pharmaceuticals is a long, risky and very costly business, economists typically emphasise lack of profit incentives and small market size as the most important obstacles to…
The present analysis investigates skill requirements in the workplace, measured directly by the task-composition of occupations. It shows that the task composition of occupations has shifted toward analytical…
The increased use of information and communication technologies (ICT) leads to new ways of doing business internationally. Nowadays, firm-specific intangible assets as well as services often constitute the most…
Using panel data for German and Dutch firms from the services sector, this paper analyses the importance of ICT capital deepening and innovation for productivity. We employ a model that takes into account that…