2007


725. Social Interaction and Sickness Absence

Assar Lindbeck, Mårten Palme and Mats Persson

Does the average level of sickness absence in a neighborhood affect individual sickness absence through social interaction on the neighborhood level? To answer this question, we consider evidence of local benefit-dependency cultures. Well-known…


724. János Kornai’s Contributions to Economic Analysis

Assar Lindbeck

The publication of János Kornai’s memoirs, By Force of Thought, provides an excellent opportunity to remind ourselves of Kornai’s great contributions to economic research. This paper discusses both his basic research strategy and some of his main research…


723. FDI and Job Creation in China

Sune Karlsson, Nannan Lundin, Fredrik Sjöholm and Ping He

This paper examines the effect of FDI on job creation in the Chinese manufacturing sector. As one of the world’s largest recipients of FDI, China has arguably benefited from foreign multinational enterprises in various respects. However, one of the main…


722. Wealth Concentration over the Path of Development: Sweden, 1873–2006

Jesper Roine and Daniel Waldenström

We study the development of wealth concentration in Sweden over 130 years, from the beginning of industrialization until present day. Our series are based on a wide array of new evidence from estate- and wealth tax data, estimates of foreign and domestic…


721. The Long-run Determinants of Inequality: What Can We Learn from Top Income Data?

Jesper Roine, Jonas Vlachos and Daniel Waldenström

This paper studies determinants of income inequality using a newly assembled panel of 16 countries over the entire twentieth century. We focus on three groups of income earners: the rich (P99-100), the upper middle class (P90-99), and the rest of the…


720. Economic-Social Interaction in China

Assar Lindbeck

This paper analyzes economic-social interaction in China in connection with the country’s change of economic system. I define an economic system in terms of a multidimensional vector of broad institutional characteristics, and I emphasize that important…


719. Asymmetric Collusion and Merger Policy

Mattias Ganslandt, Lars Persson and Helder Vasconcelos

In their merger control, EU and the US have considered symmetric size distribution (cost structure) of firms to be a factor potentially leading to collusion. We show that forbidding mergers leading to symmetric market structures can induce mergers leading…


718. On the Anticompetitive Effect of Exclusive Dealing when Entry by Merger is Possible

Chiara Fumagalli, Massimo Motta, Lars Persson

We extend the literature on exclusive dealing, which assumes that entry can occur only by installing new capacity, by allowing the incumbent and the potential entrant to merge. This uncovers new effects. First, exclusive deals can be used to improve the…


717. Employment Protection and Sickness Absence

Martin Olsson

An exemption in the Swedish Employment Security Act (LAS) in 2001 made it possible for employers with a maximum of ten employees to exempt two workers from the seniority rule at times of redundancies. Using this within-country enforcement variation, the…


716. The Political Economy of Entrepreneurship

Robin Douhan and Magnus Henrekson

We outline a politico-economic growth system centered around the entrepreneur. By defining entrepreneurs in relation to economic rents we are able to develop a more general theory comprising central aspects of research within the fields of…


715. Inequality and Trust

Henrik Jordahl

This paper reviews the literature on economic inequality and trust. Cross-country studies, within-country studies, and experiments all suggest that economic inequality exerts a negative influence on trust. Four mechanisms are proposed to explain the…


714. Parallel Development? Productivity Growth Following Electrification and the ICT Revolution

Harald Edquist

This paper investigates labor productivity growth and the contribution to labor productivity growth in Swedish manufacturing during electrification and the ICT revolution. The paper distinguishes between technology-producing, intensive and less intensive…


713. Bargaining over a New Welfare State

Alessandro Bonatti and Kaj Thomsson

The goal of this paper is twofold: First, to develop an estimable model of legislative politics in the US Congress, second, to provide a greater understanding of the objectives behind the New Deal. In the theoretical model, the distribution of…


712. How Should Research Performance be Measured? A Study of Swedish Economists

Magnus Henrekson and Daniel Waldenström

Billions of dollars are allocated every year to university research. Increased specialisation and international integration of research and researchers has sharply raised the need for comparisons of performance across fields, institutions and individual…


711. The Political Opinions of Swedish Social Scientists

Niclas Berggren, Henrik Jordahl and Charlotta Stern

We study the political opinions of Swedish social scientists in seven disciplines. A survey was sent to 4,301 academics at 25 colleges and universities, which makes the coverage of the disciplines included more or less comprehensive. When it comes to…


710. Globalization of R&D and China – Empirical Observations and Policy Implications

Nannan Lundin and Sylvia Schwaag Serger

As one of the world’s largest recipients of Foreign Direct Investment (FDI), China is emerging as a key global player in Research and Development (R&D). This rapid increase in R&D investment is mainly attributed to the effort of strengthening the…


709. Cross-Border Acquisitions, Multinationals and Wage Elasticities

Katariina Hakkala, Fredrik Heyman and Fredrik Sjöholm

The growing number of cross-border acquisitions has in many countries raised concerns about labor demand consequences. In this study, we use detailed firm level data to examine how increased internationalization and multinational activity affect the…


708. FDI, Market Structure and R&D Investments in China

Nannan Lundin, Fredrik Sjöholm, Ping He and Jinchang Qian

FDI can be an important channel for developing countries’ ability to get access to new technology. The impact of FDI on domestically-owned firms’ technology development is less examined but it is frequently argued that technology externalities or…


707. Entrepreneurship and Institutions

Magnus Henrekson

In this paper entrepreneurs are defined as agents who bring about economic change by combining their own effort with other factors of production in search of economic rents. The institutional setup is argued to determine both the supply and direction of…


706. Poverty in Rural Cambodia: The Differentiated Impact of Linkages, Inputs and Access to Land

Anders Engvall, Örjan Sjöberg and Fredrik Sjöholm

Cambodia has been growing rapidly over the past few years but still remains one of the poorest countries in East Asia. In particular, poverty is widespread in rural Cambodia. This paper examines rural poverty in Cambodia with a view to furthering our…


705. Trust and Growth: A Shaky Relationship

Niclas Berggren, Mikael Elinder and Henrik Jordahl

We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time period and a bigger sample than in previous studies. In addition to robustness tests that focus on model uncertainty, we systematize the…


704. Intellectual Property Rights, Parallel Imports and Strategic Behavior

Mattias Ganslandt and Keith E. Maskus

The existence of parallel imports (PI) raises a number of interesting policy and strategic questions, which are the subject of this survey article. For example, parallel trade is essentially arbitrage within policy-integrated markets of IPR-protected…


703. Efficiency and Ownership Structure – The Case of Poland

Karl-Markus Modén, Pehr-Johan Norbäck and Lars Persson

We examine the effects of foreign entry on productive efficiency during the Polish investment liberalization. The performance of foreign acquisitions is compared to foreign firms entering the market through greenfield entry, as well as domestic…


702. Wholesale Price Discrimination and Parallel Imports

Mattias Ganslandt and Keith E. Maskus

We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets integrated at the distributor level by parallel imports (PI). In this context we show that if competition policy requires uniform wholesale…


701. Women's Representation and Public Spending

Helena Svaleryd

This paper studies whether the degree of women’s representation in Swedish local councils affects local public expenditure patterns. Theoretically, the individual preferences of elected representatives may have an impact on public expenditure if full…


700. The Design and Effects of Collectively Agreed Minimum Wages: Evidence from Sweden

Per Skedinger

Minimum wages in Sweden are collectively agreed and differ by industry. Within agreements, the rates are also highly differentiated. Minimum wages are higher in Sweden than in any of the countries with statutory rates considered in this study. This is…


699. Long-Run Changes in the Concentration of Wealth: An Overview of Recent Findings

Henry Ohlsson, Jesper Roine and Daniel Waldenström

The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by…


698. Political Rents in a Non-Corrupt Democracy

Helena Svaleryd and Jonas Vlachos

A fundamental problem in all political systems is that the people in power may extract rents to the detriment of the general public. In a democracy, electoral competition and information provided by the media may keep such rent extraction at bay. We…


697. Technology Development and Job Creation in China

Nannan Lundin; Fredrik Sjöholm; He Ping; Jinchang Qian

This paper examines how Science and Technology (S&T) contribute to job creation in the Chinese manufacturing sector. The ambition of transforming China into an innovation-oriented nation and the emphasis on indigenous innovation capacity building have…


696. The Transition to Market-Based Monetary Policy: What Can China Learn from the European Experience?

Jens Forssbæck and Lars Oxelheim

We discuss the prospects for Chinese money market development and transition to market-based monetary policy operations based on a comparative historical analysis of the present Chinese situation and the development in 11 European countries from 1979 up…


695. The Role of Small Firms in China's Technology Development

Nannan Lundin, Fredrik Sjöholm, He Ping and Jinchang Qian

Science & Technology (S&T) is high on the Chinese policy agenda but there are large uncertainties on the actual S&T development. For instance, previous studies tend to focus only on large and medium-sized enterprises (LMEs). The situation in…


694. Anti- versus Pro-Competitive Mergers

Sven-Olof Fridolfsson

In a framework where mergers are mutually excluding, I show that firms pursue anti- rather than (alternative) pro-competitive mergers. Potential outsiders to anti-competitive mergers refrain from pursuing pro-competitive mergers if the positive…


693. Cross-Border Acquisition or Greenfield Entry: Does it Matter for Affiliate R&D?

Olivier Bertrand, Katariina Hakkala and Pehr-Johan Norbäck

This paper investigates how the entry mode of foreign direct investment (FDI) affects the affiliate R&D activities using unique data on Swedish multinational firms over a long period of time (1970 to 1998). On average, acquired affiliates are more…


692. Immediate Agreement in Interdependent Bilateral Bargaining

Jonas Björnerstedt and Johan Stennek

This note provides sufficient conditions for immediate agreement in an extensive form model of interdependent bilateral bargaining. The model is suggested by Björnerstedt and Stennek (2006) as a work horse for studying bilateral oligopoly. The key feature…


691. Exclusive Quality - Why Exclusive Distribution May Benefit the TV-viewers

Johan Stennek

Sports organizations, Hollywood studios and TV channels grant satellite and cable networks exclusive rights to televise their matches, movies and media contents. Exclusive distribution prevents viewers from watching attractive programs, and reduces the…


690. The Inventor’s Role: Was Schumpeter Right?

Pontus Braunerhjelm and Roger Svensson

According to Schumpeter, the creative process of economic development can be divided into three distinguishable stages of invention, innovation (commercialization) and imitation. We show why there is a rationale for the Schumpeterian entrepreneur to also…


689. Trade Agreements as Endogenously Incomplete Contracts

Henrik Horn, Giovanni Maggi and Robert W. Staiger

We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may be incomplete. Inspite of its simplicity, the model yields rich predictions on the structure of the optimal trade agreement and how this…


688. The Political Economy of Entrepreneurship: An Introduction

Robin Douhan and Magnus Henrekson

In this introductory chapter to a collective volume dealing with the political economy of entrepreneurship, we argue, based on a suggested unifying framework, that political economy is a fruitful approach to entrepreneurship. The importance of…


687. Economic Performance and Market Work Activity in Sweden after the Crisis of the Early 1990s

Steven J. Davis and Magnus Henrekson

Following a severe contraction in the early 1990s, the Swedish economy accumulated a strong record of output growth coupled with a disappointing performance in the labor market. As of 2005, hours worked per person 20–64 years of age are 10.5 percent…


686. A Consumer Surplus Defense in Merger Control

Sven-Olof Fridolfsson

A government wanting to promote an efficient allocation of resources as measured by the total surplus, should strategically delegate to its competition authority a welfare standard with a bias in favour of consumers. A consumer bias means that some…

An Agenda for Europe

Institutional Reform for Innovation and Entrepreneurship

Omslag 2017 Institutional Reform for Innovation and Entrepreneurship.jpg

The authors of this book, Niklas Elert, Magnus Henrekson and Mikael Stenkula, advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal.

Events

Seminars organized by IFN

 

To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se