Bücher der Reihe Contributions to Economics

This book is a collection of 20 chapters on chosen topics from cross-section and panel data econometrics. It explores both theoretical and practical aspects of selected cutting-edge techniques which are gaining popularity among applied econometricians, while following the motto of ¿keeping things simple¿. Each chapter gives a basic introduction to one such method, directs readers to supplementary references, and shows an application. The book takes into account that¿A: The field of econometrics is evolving very fast and leading textbooks are trying to cover some of the recent developments in revised editions. This book offers basic introduction to state-of-the-art techniques and recent advances in econometric models with detailed applications from various developing and developed countries. B: An applied researcher or practitioner may prefer reference books with a simple introduction to an advanced econometric method or model with no theorems but with a longer discussion on empirical application. Thus, an applied econometrics textbook covering these cutting-edge methods is highly warranted; a void this book attempts to fills.The book does not aim at providing a comprehensive coverage of econometric methods. The 20 chapters in this book represent only a sample of the important topics in modern econometrics, with special focus on econometrics of cross-section and panel data, while also recognizing that it is not possible to accommodate all types of models and methods even in these two categories. The book is unique as authors have also provided the theoretical background (if any) and brief literature review behind the empirical applications. It is a must-have resource for students and practitioners of modern econometrics.

In light of the pickup of inflation at the end of 2021 and monetary policy shifts by the world's major central banks, this book examines interrelated issues in the normalization of monetary policy. It covers topics including the role of technological innovations such as derivatives and cryptocurrencies in monetary and financial management, the role of monetary policy in financial crises (especially public debt), and the major repricing needed for central banks and the global economy. In addition, the book discusses the problem of how flexible money should be and the importance of predictive tools for these decisions, with attention to the advances of languages for scientific research, including those on the workings of the economy. The work addresses the geopolitical and social challenges that have arisen as a result of the invasiveness of monetary policy in its various manifestations in the context of major leading currencies. It is aimed at scholars and students of monetary and financial economics.

This book focuses on input trade liberalization in China and discusses the underlying causes and profound effects of Chinese enterprises facing import liberalization of intermediate input. The content of this book includes ten chapters. The analysis of this book mainly uses academic research, with policy study for a few chapters. Most chapters in this book apply the standard method of contemporary economic systems, integrating into the most advanced economic theories of international trade. The author uses theoretical models to obtain predictions which receive empirical support and carries out strict empirical research using data of China's manufacturing enterprises and China's customs to analyze the causes which affect Chinese enterprises facing import liberalization of intermediate input after Chinäs reform and opening-up.The suggested readership would be the public who are willing to understand the issues closely related to Chinäs input trade liberalization and opening-up policy, and basic knowledge in economics would be necessary in understanding the academic research part of the book. Meanwhile, this book is also specifically compelling to business persons and policy makers in that it enables deeper understanding on issues about outward foreign investment of enterprises and Chinäs opening-up policy and facilitates their decision-making process.

This book evaluates the uneven propagation of technological revolutions, investigating the roots of this phenomenon in the absorptive capabilities that are built by countries and regions at the periphery. To understand this global process, this book looks to two dimensions: time and geography. Temporally, the book follows the sequence of technological revolutions in the last 250 years. With regard to geography, the book studies five different regions at the periphery¿China, India, Africa, Russia and Latin Americäto understand how they differ in the institutional processes that shape their absorptive capabilities. Focusing on each technological revolution and its impact on those five peripheric regions, the chapters illustrate how each region coped with each shock wave emanating from the center. Providing a truly global outlook of a complex system with a dynamic nature, this book will be of interest to researchers and students of development economics, the economics of innovation, evolutionary economics, and the economics of science and technology.

Taking a multidimensional approach, this book sheds light on the evolution of organizational studies in a structured and systematic way, against the background of economic and social changes in recent decades. By doing so, the book focuses on the plurality of organizing models as a central concept. This plurality is important to the survival of the firm in response to the growing complexity of the economic, social, and technological innovation that has arisen as a result of globalization. The book goes beyond the traditional approach to the study of organizations, of a structural and functionalistic type. It investigates the role of cultures and the ethical, symbolic, and value dimensions in the redefinition dynamics of strategic assets, as well as the search for new governance models in innovative organizations. Further, it discusses the role of leadership, in relation to the development of professional groups and the skills necessary for the management of endo-organizational, inter-organizational, and trade union negotiation processes. Finally, the book analyzes the economic, social, and cultural change in societies and discusses how companies and organizations of all types can develop cultures of innovation that may lead to socially inclusive governance.This book will appeal to students, researchers, and scholars of economics, business, and the social sciences, as well as professionals and practitioners interested in a better understanding of how organizations function in today¿s globalized world.

As the first academic monograph that a Chinese scholar discusses the histories of thoughts and ideas related to the development of digital economics, this book aims to make research from the perspective of the history of ideas and discuss the ideas influencing the development of digital economics and the evolution of related theories and thoughts with the methodology of interdisciplinary research.The human society is in the stage of major historic transition and enters the digital world with the main goal of developing the artificial world. In this world, the development of digital economics is significantly characterized by the deep interaction between the real and the virtual worlds, while the key triggering this paradigm reform is the evolution of ideas since the modern times. While involving the field of computer, these thoughts are also related to the fields of philosophy, ethics, communication and economics. Therefore, the results of the research on the history of ideas related to digital economics are required to really understand the depth of this discipline. If computationalism is the most important paradigm evolution of natural science, the most important paradigm evolution of social science is interdisciplinary complex science. In the meantime, this book is the most significant in understanding the nature of paradigm evolution related to the development of digital economics from the perspective of complex science and interdisciplinary systematic researches.Digital economics is in the foundation-laying phase, while this book mainly aims to historically narrate the thoughts of this discipline and hopes that readers can understand the influence of ideas in the old era on shaping the disciplines in the new era while exploring this new discipline. The construction of digital economics is a process of evolution. This book will be helpful to understand the underlying logic of the ideas constructed by the thinkers in different fields.

This book examines the impact of artificial intelligence on competition and antitrust in today's global digital economy. It scrutinizes the economic and legal ramifications of Artificial Intelligence (AI), addressing the challenges it presents to competition and the law.Beginning with an analysis of AI's developments across various economic sectors, the book highlights the need for updated legislation. It focuses on the digital economy, emphasizing digital platforms' role in shaping competition. Econometric investigations and a novel index assess competition's influence on foreign direct investment and multinational enterprises. Comparing competition practices across jurisdictions like the EU, US, Germany, and China, the book uncovers commonalities and differences in competition law principles. It also explores various theories on competition and competition law, seeking convergence or divergence.This book is an essential resource for scholars, legal professionals,policymakers, and anyone seeking a better understanding of how AI is reshaping competition and antitrust in the digital age.

This edited volume explores the concept of institutional inertia and its relationship to economic growth and development. Including insights from experts across disciplines, chapters identify the types, causes and effects¿both positive and negative¿of institutional inertia. By questioning the types of institutional inertia that improve economic performance and impact the effectiveness of the state, as well as studying their role in the dynamics of institutional change, the volume attempts to trace and understand the different evolutionary paths of societies. Bridging important research gaps, this volume will be of use to students, researchers, and practitioners of institutional and evolutionary economics, development economics, management, and organizational theory.