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Citations of
William Baumol

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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Baumol, William J, 1990. "Entrepreneurship: Productive, Unproductive, and Destructive," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 893-921, October.
    1. Business History: Time for Debate
      by andrewdsmith in The Past Speaks on 2011-06-28 13:08:18

Working papers

  1. William J. Baumol, 2004. "Education for Innovation: Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements," NBER Working Papers 10578, National Bureau of Economic Research, Inc.

    Cited by:

    1. Daniela Grieco, 2007. "Degree of Innovativeness and Market Structure: A Model," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(2), pages 7-27, May.
    2. Silva, Olmo, 2007. "The Jack-of-All-Trades entrepreneur: Innate talent or acquired skill?," Economics Letters, Elsevier, vol. 97(2), pages 118-123, November.
    3. Milo Bianchi & Magnus Henrekson, 2005. "Is Neoclassical Economics still Entrepreneurless?," Kyklos, Wiley Blackwell, vol. 58(3), pages 353-377, 07.
    4. Lothar Funk & Axel Plünnecke, 2005. "An international Comparison of Selected Innovation Drivers," CESifo DICE Report, Ifo Institute for Economic Research at the University of Munich, vol. 3(3), pages 43-52, November.
    5. Yusuf , Shahid & Nabeshima, Kaoru, 2009. "Can Malaysia escape the middle-income Trap ? a strategy for Penang," Policy Research Working Paper Series 4971, The World Bank.
    6. Sid Durbin, 2004. "Review of Workplace Skills, Technology Adoption and Firm Productivity: A Review," Treasury Working Paper Series 04/16, New Zealand Treasury.
    7. Mickey Folkeringa & Andre van Stel & Joris Meijaard, 2005. "Innovation, strategic renewal and its effect on small firm performance," Papers on Entrepreneurship, Growth and Public Policy 2005-36, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    8. Andrea GANZAROLI & Gianluca FISCATO & Luciano PILOTTI, 2006. "Does business succession enhance firms’ innovation capacity? Results from an exploratory analysis in Italian SMEs," Departmental Working Papers 2006-29, Department of Economics, Business and Statistics at Università degli Studi di Milano.
    9. Arnab Bhattacharjee & Jean Bonnet & Nicolas Le Pape & Régis Renault, . "Entrepreneurial motives and performance: Why might better educated entrepreneurs be less successful?," Papers 2010-9, TEPP Working Papers.

  2. William J. Baumol & Edward N. Wolff, 1998. "Protacted Frictional Unemployment as a Heavy Cost of Technical Progress," Macroeconomics 9803001, EconWPA.

    Cited by:

    1. Karl Widerquist & Michael A. Lewis, 1997. "An Efficiency Argument for the Guaranteed Income," Economics Working Paper Archive wp_212, Levy Economics Institute, The.

  3. William J. Baumol & Edward N. Wolff, 1998. "Speed of Technical Progress and Length of the Average Interjob Period," Macroeconomics 9805022, EconWPA.

    Cited by:

    1. José Ferreira Machado & Pedro Portugal & Juliana Guimarães, 2006. "U.S. Unemployment Duration: Has Long Become Longer or Short Become Shorter?," Working Papers w200613, Banco de Portugal, Economics and Research Department.
    2. Mukoyama, Toshihiko & Sahin, Aysegl, 2009. "Why did the average duration of unemployment become so much longer?," Journal of Monetary Economics, Elsevier, vol. 56(2), pages 200-209, March.
    3. Robert G. Valletta, 1998. "Changes in the structure and duration of U.S. unemployment, 1967-1998," Economic Review, Federal Reserve Bank of San Francisco, pages 29-40.
    4. Bharat Trehan, 2003. "Productivity shocks and the unemployment rate," Economic Review, Federal Reserve Bank of San Francisco, pages 13-27.

  4. Baumol, William J., 1997. "Pareto Optimal Sizes of Innovation Spillovers," Working Papers 97-42, C.V. Starr Center for Applied Economics, New York University.

    Cited by:

    1. Atallah, G., 2000. "Information Sharing and the Stability of Cooperation in Research Joint Ventures," Cahiers de recherche 2000-17, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    2. Gamal Atallah, 2002. "Vertical R&D Spillovers, Cooperation, Market Structure, and Innovation," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 11(3), pages 179-209.
    3. Sadraoui, Tarek & Ben Zina, Naceur, 2007. "Coopération en R&D et croissance économique : Une analyse par les données de panel dynamique
      [R&D Cooperation and economic growth: A dynamic panel data analysis]      ," MPRA Paper 3415, University Library of Munich, Germany.
    4. Castellacci, Fulvio, 2008. "Innovation and the competitiveness of industries: comparing the mainstream and the evolutionary approaches," MPRA Paper 27523, University Library of Munich, Germany.

  5. Baumol, W, & Ordover, J. & Willig, R., 1996. "Parity Pricing and Its Critics: Necessary Condition for Efficiency in Provision of Bottleneck Services to Competitors," Working Papers 96-33, C.V. Starr Center for Applied Economics, New York University.

    Cited by:

    1. Carlo Cambini & Piercarlo Ravazzi & Tommaso Valletti, 2000. "La tariffazione dell'accesso nelle telecomunicazioni: principi economici e interventi regolatori in alcuni paesi industrializzati," ICER Working Papers 10-2000, ICER - International Centre for Economic Research.
    2. Mark Armstrong, 2001. "Access Pricing, Bypass, and Universal Service," American Economic Review, American Economic Association, vol. 91(2), pages 297-301, May.
    3. Marja Appelman & Joeri Gorter & Mark Lijesen & Richard Venniker & S. Onderstal, 2003. "Equal rules or equal opportunities? Demystifying level playing field," CPB Document 34, CPB Netherlands Bureau for Economic Policy Analysis.
    4. Lars Kumkar, 2002. "Regulatory Choices and Commitment — Challenges for Electricity Market Regulation in Kosovo," Kiel Working Papers 1114, Kiel Institute for the World Economy.
    5. Mark Lijesen, 2002. "End user prices in liberalised energy markets," CPB Discussion Paper 16, CPB Netherlands Bureau for Economic Policy Analysis.
    6. Joan Calzada & Francesc Trillas, 2005. "The interconnection prices in telecomunications: from theory to practice," Hacienda Pública Española, IEF, vol. 173(2), pages 85-125, June.
    7. Russell Pittman, 2002. "Chinese Railway Reform and Competition: Vertical or Horizontal Restructuring?," Development and Comp Systems 0204004, EconWPA.
    8. Machiel Mulder & Victoria Shestalova & Mark Lijesen, 2005. "Vertical separation of the energy-distribution industry; an assessment of several options for unbundling," CPB Document 84, CPB Netherlands Bureau for Economic Policy Analysis.

  6. Gomory, R.E. & Baumol, W.J., 1992. "Scale Economies, Regions of Multiple Trade Equilibria, and the Gains from Acquisition of Industries," Working Papers 92-10, C.V. Starr Center for Applied Economics, New York University.

    Cited by:

    1. Baumol, W.J. & Gomory, R.E., 1992. "Toward a Theory of Industrial Policy-Retainable Industries," Working Papers 92-54, C.V. Starr Center for Applied Economics, New York University.
    2. Gomory, Ralph E., 1994. "Shares of World Output, Economies of Scale, and Regions Filled with Equilibria," Working Papers 94-29, C.V. Starr Center for Applied Economics, New York University.

  7. Baumol, W., 1992. "On the Economics of Musical Composition in Mozart's Vienna," Working Papers 92-45, C.V. Starr Center for Applied Economics, New York University.

    Cited by:

    1. Peter Tschmuck, 2001. "The Court's System of Incentives and the Socio-Economic Status of Court Musicians in the Late 16th Century," Journal of Cultural Economics, Springer, vol. 25(1), pages 47-62, February.
    2. Bruno S. Frey & Alois Stutzer, . "The Role of Direct Democracy and Federalism in Local Power," IEW - Working Papers iewwp209, Institute for Empirical Research in Economics - University of Zurich.

  8. Ordover, Janusz A. & Baumol, William J., 1988. "Antitrust Policy And High-Technology Industries," Working Papers 88-25, C.V. Starr Center for Applied Economics, New York University.

    Cited by:

    1. Tomaso Duso & Enrico Pennings & Jo Seldeslachts, 2008. "The Dynamics of Research Joint Ventures: A Panel Data Analysis," CIG Working Papers SP II 2007-12, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    2. Aikaterini KOKKINOU, 2010. "Economic growth, innovation and collaborative research and development activities," Management & Marketing, Economic Publishing House, vol. 5(1), Spring.
    3. William Comanor & Patrick Rey, 1997. "Competition Policy towards Vertical Restraints in Europe and the United States," Empirica, Springer, vol. 24(1), pages 37-52, January.

Articles

  1. W. Baumol, 2001. "What Marshall Didn't Know: On the Twentieth Century's Contributions to Economics," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 2.

    Cited by:

    1. Erling Røed Larsen, 2002. "The Political Economy of Global Warming. From Data to Decisions," Discussion Papers 322, Research Department of Statistics Norway.
    2. Mo, Pak Hung, 2011. "Entrepreneurs, Sticky Competition and the Schumpeterian Cobb-Douglas Production Function," MPRA Paper 28927, University Library of Munich, Germany.
    3. Argentino Pessoa, 2004. "Institutional innovations, growth performance and policy," ERSA conference papers ersa04p157, European Regional Science Association.
    4. Dogaru, Vasile, 2005. "Some observations regarding the demythification of the comparative advantage’s principle within Manoilescu generalized scheme," MPRA Paper 6918, University Library of Munich, Germany.

  2. Baumol, William J, 1996. "Predation and the Logic of the Average Variable Cost Test," Journal of Law and Economics, University of Chicago Press, vol. 39(1), pages 49-72, April.

    Cited by:

    1. Colombo, Stefano, 2009. "On the effects of selective below-cost pricing in a vertical differentiation model," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 3(33), pages 1-13.
    2. Aaron S. Edlin & Joseph Farrell, 2004. "The American Airlines Case: A Chance to Clarify Predation Policy," Law and Economics 0401003, EconWPA.
    3. Michael Katz, 2002. "Recent Antitrust Enforcement Actions by the U.S. Department of Justice: A Selective Survey of Economic Issues," Review of Industrial Organization, Springer, vol. 21(4), pages 373-397, December.
    4. Christian Genthon, 2007. "Can we measure Microsoft's market power ?," Post-Print halshs-00153837, HAL.

  3. Baumol, William J, 1992. "Horizontal Collusion and Innovation," Economic Journal, Royal Economic Society, vol. 102(410), pages 129-37, January.

    Cited by:

    1. Atallah, G., 2000. "Information Sharing and the Stability of Cooperation in Research Joint Ventures," Cahiers de recherche 2000-17, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    2. Ahmad Naimzada & Emanuela Randon, 2007. "Dynamics of technology sharing cartels and industrial structure under a rule of thumb," International Review of Economics, Springer, vol. 54(3), pages 295-317, September.
    3. Sadraoui, Tarek & Ben Zina, Naceur, 2007. "Coopération en R&D et croissance économique : Une analyse par les données de panel dynamique
      [R&D Cooperation and economic growth: A dynamic panel data analysis]      ," MPRA Paper 3415, University Library of Munich, Germany.
    4. Marjo Siltaoja & Meri Vehkaperä, 2010. "Constructing Illegitimacy? Cartels and Cartel Agreements in Finnish Business Media from Critical Discursive Perspective," Journal of Business Ethics, Springer, vol. 92(4), pages 493-511, April.
    5. Wegberg, M.J.A.M. & Witteloostuijn, A. van & Roscam Abbing, M., 1994. "Multimarket and multiproject collusion: why European integration may reduce intra--Community competition," Open Access publications from Tilburg University urn:nbn:nl:ui:12-5373405, Tilburg University.
    6. Ahmad Naimzada & Emanuela Randon, 2004. "Technology Sharing Cartels and Industrial Structure under a Rule of Thumb," Working Papers 71, University of Milano-Bicocca, Department of Economics, revised May 2004.
    7. Jackie Krafft, 1999. "Introduction," Post-Print hal-00212290, HAL.
    8. Jackie Krafft & Marie-Antoinette Maupertuis, 1999. "Coopération et concurrence: le cas des consortia de R&D," Post-Print hal-00212297, HAL.
    9. Jackie Krafft, 2000. "Introduction to the process of competition," Post-Print hal-00212278, HAL.
    10. Changqi Wu & K.C. Wei, 1998. "Cooperative R&D and the Value of the Firm," Review of Industrial Organization, Springer, vol. 13(4), pages 425-446, August.

  4. Baumol, William J & Lee, Kyu Sik, 1991. "Contestable Markets, Trade, and Development," World Bank Research Observer, Oxford University Press, vol. 6(1), pages 1-17, January.

    Cited by:

    1. Anas, Alex & Kyu Sik Lee & Murray, Michael, 1996. "Infrastructure bottlenecks, private provision, and industrial productivity : a study of Indonesian and Thai cities," Policy Research Working Paper Series 1603, The World Bank.
    2. Brautigam, D., 1991. "Governance and economy : a review," Policy Research Working Paper Series 815, The World Bank.
    3. Stefan Mai & Mark Oelmann, 2001. "Elektronischer Handel im Lichte der Bestreitbarkeit von Märkten," IWP Discussion Paper Series 01/2001, Institute for Economic Policy, Cologne, Germany.
    4. Basu, Arnab K & Chau, Nancy H & Kanbur, Ravi, 2006. "A Theory of Employment Guarantees: Contestability, Credibility and Distributional Concerns," CEPR Discussion Papers 5784, C.E.P.R. Discussion Papers.
    5. Nausheen H. Anwar, 1999. "Inefficiencies in Public Electricity Provision and Impacts on Firms in Karachi’s Manufacturing Sector," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 38(2), pages 167-185.
    6. Kyu Sik Lee & Anas, Alex & Verma, Satyendra & Murray, Michael, 1996. "Why manufacturing firms produce some electricity internally," Policy Research Working Paper Series 1605, The World Bank.

  5. Baumol, William J, 1990. "Sir John versus the Hicksians, or Theorist Malgre Lui?," Journal of Economic Literature, American Economic Association, vol. 28(4), pages 1708-15, December.

    Cited by:

    1. Gilles Dostaler, 2001. "De J.R. à John ou les métamorphoses de Hicks: éléments de biographie intellectuelle," Cahiers de recherche du Département des sciences économiques, UQAM 20-08, Université du Québec à Montréal, Département des sciences économiques.

  6. Baumol, William J, 1990. "Entrepreneurship: Productive, Unproductive, and Destructive," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 893-921, October.

    Cited by:

    1. Philippon, Thomas & Reshef, Ariell, 2009. "Wages and Human Capital in the U.S. Financial Industry: 1909-2006," CEPR Discussion Papers 7282, C.E.P.R. Discussion Papers.
    2. Nicolas Marceau & Steeve Mongrain, 2004. "Competition in Law Enforcement and Capital Allocation," Cahiers de recherche 0408, CIRPEE.
    3. Konstantinos Angelopoulos & George Economides & Vangelis Vassilatos, 2008. "Do institutions matter for economic fluctuations? Weak property rights in a business cycle model for Mexico," Working Papers 2008_38, Business School - Economics, University of Glasgow.
    4. Henrekson, Magnus & Johansson, Dan, 2010. "Firm Growth, Institutions and Structural Transformation," Ratio Working Papers 150, The Ratio Institute.
    5. Sergey Anokhin & Joakim Wincent & Erkko Autio, 2011. "Operationalizing opportunities in entrepreneurship research: use of data envelopment analysis," Small Business Economics, Springer, vol. 37(1), pages 39-57, July.
    6. Paulo G. Correa & Ana M. Fernandes & Chris J. Uregian, 2010. "Technology Adoption and the Investment Climate: Firm-Level Evidence for Eastern Europe and Central Asia," World Bank Economic Review, Oxford University Press, vol. 24(1), pages 121-147, January.
    7. Emmanuel Athanassiou, 2003. "The internal control constraint on compliance," Defence and Peace Economics, Taylor and Francis Journals, vol. 14(6), pages 413-424.
    8. Isabel Grilo & Roy Thurik, 2007. "Determinants of entrepreneurial engagement levels in Europe and the US," Papers on Entrepreneurship, Growth and Public Policy 2007-02, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    9. Sergio Lodde, 1999. "Education Growth: Some Disaggregate Evideence from the Italian Regions," Working Paper CRENoS 199911, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    10. Saul Estrin & Tomasz Mickiewicz, 2011. "Institutions and female entrepreneurship," Small Business Economics, Springer, vol. 37(4), pages 397-415, November.
    11. Hassler, J. & Rodriguez Mora, J.V., 1998. "IQ, Social Mobility and Growth," Papers 635, Stockholm - International Economic Studies.
    12. Audretsch, David B & Thurik, A R Roy, 2000. "Impeded Industrial Restructuring: The Growth Penalty," CEPR Discussion Papers 2648, C.E.P.R. Discussion Papers.
    13. Brauer1, Jurgen & Haywood, Robert, 2010. "Non-state Sovereign Entrepreneurs and Non-territorial Sovereign Organizations," Working Papers UNU-WIDER Working Paper W, World Institute for Development Economic Research (UNU-WIDER).
    14. Charles I. Jones, . "Was an Industrial Revolution Inevitable? Economic Growth Over the Very Long Run," Working Papers 99008, Stanford University, Department of Economics.
    15. Baochun Peng, 2000. "Is Entrepreneurship Always Good for Growth?," Econometric Society World Congress 2000 Contributed Papers 0435, Econometric Society.
    16. Barelli, Paulo & Pessoa, Samuel de Abreu, 2002. "A Model of Capital Accumulation and Rent-Seeking," Economics Working Papers (Ensaios Economicos da EPGE) 449, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
    17. Timothy Besley & Maitreesh Ghatak, 2009. "Property Rights and EconomicDevelopment," STICERD - Economic Organisation and Public Policy Discussion Papers Series 006, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    18. Stam, Erik, 1999. "The spatial and sectoral pattern of fast-growing young firms in the Netherlands: Theoretical background and analysis," ERSA conference papers ersa99pa312, European Regional Science Association.
    19. Mehlum, Halvor & Moene, Karl O. & Torvik, Ragnar, 2003. "Parasites," Memorandum 16/2003, Oslo University, Department of Economics.
    20. Ang, James B., 2011. "Financial development, liberalization and technological deepening," European Economic Review, Elsevier, vol. 55(5), pages 688-701, June.
    21. André van Stel & Roy Thurik & David Storey, 2006. "The effect of business regulations on nascent and young business entrepreneurship," Scales Research Reports H200609, EIM Business and Policy Research.
    22. Aiyar, Shekhar & Dalgaard, Carl-Johan & Moav, Omer, 2006. "Technological Progress and Regress in Pre-Industrial Times," CEPR Discussion Papers 5454, C.E.P.R. Discussion Papers.
    23. Sujata Byravan, 2009. "Gender and Innovation in South Asia," Working Papers id:1890, eSocialSciences.
    24. Matthias Benz, . "Entrepreneurship as a non-profit-seeking activity," IEW - Working Papers iewwp243, Institute for Empirical Research in Economics - University of Zurich.
    25. Naudé, Wim, 2011. "Entrepreneurship is Not a Binding Constraint on Growth and Development in the Poorest Countries," World Development, Elsevier, vol. 39(1), pages 33-44, January.
    26. Blomström, Magnus & Kokko, Ari & Sjöholm, Fredrik, 2002. "Growth & Innovation Policies For a Knowledge Economy. Experiences From Finland, Sweden & Singapore," EIJS Working Paper Series 156, The European Institute of Japanese Studies.
    27. Kirsten Foss & Nicolai J. Foss & Peter G. Klein, 2006. "Original and Derived Judgment An Entrepreneurial Theory of Economic Organization," DRUID Working Papers 06-09, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    28. Estrin, Saul & Korosteleva, Julia & Mickiewicz, Tomasz, 2011. "Which Institutions Encourage Entrepreneurs to Create Larger Firms?," IZA Discussion Papers 5481, Institute for the Study of Labor (IZA).
    29. Magnus Henrekson, 2005. "Entrepreneurship: a weak link in the welfare state?," Industrial and Corporate Change, Oxford University Press, vol. 14(3), pages 437-467, June.
    30. Nicola Gennaioli & Rafael Laporta & Florencio López-de-Silanes & Andrei Schleifer, 2011. "Human Capital and Regional Development," Working Papers 581, Barcelona Graduate School of Economics.
    31. Henrekson, Magnus & Rosenberg, Nathan, 2000. "Incentives for Academic Entrepreneurship and Economic Performance: Sweden and the United States," Working Paper Series in Economics and Finance 362, Stockholm School of Economics.
    32. Niels Bosma & Sander Wennekers & Erik Stam, 2010. "Intrapreneurship - An international study," Scales Research Reports H201005, EIM Business and Policy Research.
    33. Robert E. Hall & Charles I. Jones, . "Levels of Economic Activity across Countries," Working Papers 97001, Stanford University, Department of Economics.
    34. O'Rourke, Kevin H, 2002. "Culture, Politics and Innovation: Evidence from the Creameries," CEPR Discussion Papers 3235, C.E.P.R. Discussion Papers.
    35. Giacomo Corneo & Olivier Jeanne, 2007. "Symbolic Values, Occupational Choice, and Economic Development," IZA Discussion Papers 2763, Institute for the Study of Labor (IZA).
    36. Nobuo Akai & Yusaku Horiuchi & Masayo Sakata, 2005. "Short-run and Long-run Effects of Corruption on Economic Growth: Evidence from State-Level Cross-Section Data for the United States," CIRJE F-Series CIRJE-F-348, CIRJE, Faculty of Economics, University of Tokyo.
    37. Braunerhjelm, Pontus, 2010. "Entrepreneurship, Innovation and Economic Growth - past experience, current knowledge and policy implications," Working Paper Series in Economics and Institutions of Innovation 224, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    38. Bianchi, Milo, 2009. "Credit Constraints, Entrepreneurial Talent, and Economic Development," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    39. Claudio Michelacci, 2003. "Low Returns in R&D Due to the Lack of Entrepreneurial Skills," Economic Journal, Royal Economic Society, vol. 113(484), pages 207-225, January.
    40. Thomas Gries & Wim Naudé, 2010. "Entrepreneurship and structural economic transformation," Small Business Economics, Springer, vol. 34(1), pages 13-29, January.
    41. Randall Morck & Michael Percy & Gloria Tian & Bernard Yeung, 2004. "The Rise and Fall of the Widely Held Firm - A History of Corporate Ownership in Canada," NBER Working Papers 10635, National Bureau of Economic Research, Inc.
    42. Glaeser, E.L. & Scheinkman, J.A., 1994. "Neither a Borrower nor Lender Be: An Economic Analysis of Interest Restrictions and Usury Laws," Working Papers e-94-10, Hoover Institution, Stanford University.
    43. Roberta Gatti & Stefano Paternostro & Jamele Rigolini, 2003. "Individual attitudes toward corruption: do social effects matter?," Policy Research Working Paper Series 3122, The World Bank.
    44. Gries, Thomas & Naudé, Wim, 2011. "Entrepreneurship and human development: A capability approach," Journal of Public Economics, Elsevier, vol. 95(3-4), pages 216-224, April.
    45. Philipp Köllinger & Maria Minniti & Christian Schade, 2005. ""I Think I Can, I Think I Can": Overconfidence and Entrepreneurial Behavior," Discussion Papers of DIW Berlin 501, DIW Berlin, German Institute for Economic Research.
    46. Basuchoudhary, Atin & Reksulak, Michael, 2007. "Losing The Edge At The Final Frontier: A Relative Decline In Scientific Inputs And Its Consequences," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(2), pages 23-36.
    47. Das Gupta, Monica & Grandvoinnet, Helene & Romani, Mattia, 2003. "Fostering community-driven development - What role for the State?," Policy Research Working Paper Series 2969, The World Bank.
    48. Lykke E. Andersen, 2001. "Low Social Mobility in Bolivia: Causes and Consequences for Development," Kiel Working Papers 1046, Kiel Institute for the World Economy.
    49. Pier Angelo Toninelli & Michelangelo Vasta, 2011. "Opening the black box of Entrepreneurship: the Italian case in a historical perspective," Department of Economics University of Siena 628, Department of Economics, University of Siena.
    50. Sanders, Mark & Weitzel, Utz, 2010. "The Allocation of Entrepreneurial Talent and Destructive Entrepreneurship," Working Papers wp2010-46, World Institute for Development Economic Research (UNU-WIDER).
    51. Das Gupta, Monica & Grandvoinnet, Helene & Romani, Mattia, 2000. "State-community synergies in development : laying the basis for collective action," Policy Research Working Paper Series 2439, The World Bank.
    52. Erik Stam & Veronique Schutjens, 2006. "Starting anew: Entrepreneurial intentions and realizations subsequent to business closure," Papers in Evolutionary Economic Geography (PEEG) 0605, Utrecht University, Section of Economic Geography, revised Mar 2006.
    53. Kevin M. Murphy & Andrei Shleifer & Robert W. Vishny, 1990. "The Allocation of Talent: Implications for Growth," NBER Working Papers 3530, National Bureau of Economic Research, Inc.
    54. Bögenhold, Dieter & Fachinger, Uwe, 2007. "Renaissance of entrepreneurship? Some remarks and empirical evidence for Germany," Working papers of the ZeS 02/2007, University of Bremen, Centre for Social Policy Research (ZeS).
    55. Michelacci, Claudio, 2002. "Low Returns in R&D Due to Lack of Entrepreneurial Skills," CEPR Discussion Papers 3179, C.E.P.R. Discussion Papers.
    56. Raul Caruso, 2006. "Conflict and Conflict Management with Interdependent Instruments and Asymmetric Stakes, (The Good-Cop and the Bad-Cop Game)," Peace Economics, Peace Science and Public Policy, Berkeley Electronic Press, vol. 12(1), pages 1.
    57. Jan Lepoutre & Aimé Heene, 2006. "Investigating the Impact of Firm Size on Small Business Social Responsibility: A Critical Review," Journal of Business Ethics, Springer, vol. 67(3), pages 257-273, September.
    58. Douhan, Robin & Henrekson, Magnus, 2008. "Entrepreneurship and Second-best Institutions: Going Beyond Baumol’s Typology," Working Paper Series 766, Research Institute of Industrial Economics, revised 27 Aug 2009.
    59. Nathan Nunn, 2005. "Historical Legacies: A Model Linking Africa's Past to its Current Underdevelopment," Development and Comp Systems 0508008, EconWPA.
    60. Juan Monterrey & Amparo Sánchez-Segura, 2006. "Las características socioeconómicas como incentivos para la información financiera: evidencia empírica española," Investigaciones Economicas, Fundación SEPI, vol. 30(3), pages 611-634, September.
    61. Marcus DEJARDIN, 2001. "Entrepreneurship and Economic Growth: An Obvious Conjunction?," Development and Comp Systems 0110010, EconWPA.
    62. Andre van Stel & David Storey & Roy Thurik, 2006. "The effect of business regulations on nascent and actual entrepreneurship," Papers on Entrepreneurship, Growth and Public Policy 2006-04, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    63. Félix Pablo Pindado, 2006. "El Tejido Productivo de las regiones españolas del Objetivo 1: El papel de la Política Regional Comunitaria," Revista de Estudios Regionales, Universidades Públicas de Andalucía, vol. 2, pages 13-47.
    64. Baliamoune-Lutz, Mina, 2009. "Entrepreneurship and Reforms in Developing Countries," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    65. Athreye, Suma, 2010. "Economic Adversity and Entrepreneurship-led Growth: Lessons from the Indian Software Sector," Working Papers UNU-WIDER Working Paper W, World Institute for Development Economic Research (UNU-WIDER).
    66. Naude, Wim, 2007. "Peace, Prosperity, and Pro-Growth Entrepreneurship," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    67. Katsuya Takii, 2004. "Entrepreneurial Efficiency: Theory," Macroeconomics 0411005, EconWPA.
    68. Isabel Grilo & Roy Thurik, 2004. "Determinants of entrepreneurship in Europe," Papers on Entrepreneurship, Growth and Public Policy 2004-30, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
      • Grilo, I. & Thurik, A.R., 2004. "Determinants Of Entrepreneurship In Europe," Research Paper ERS-2004-106-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
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  9. Baumol, William J & Tobin, James, 1989. "The Optimal Cash Balance Proposition: Maurice Allais' Priority," Journal of Economic Literature, American Economic Association, vol. 27(3), pages 1160-62, September.

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    1. Willem H. Buiter, 2003. "James Tobin: An Appreciation of his Contribution to Economics," Economic Journal, Royal Economic Society, vol. 113(491), pages F585-F631, November.
    2. Rodriguez Mendizabal, Hugo, 2002. "Monetary Union and the Transaction Cost Savings of a Single Currency," Review of International Economics, Wiley Blackwell, vol. 10(2), pages 263-77, May.
    3. Arrau, Patricio & de Gregorio, Jose, 1991. "Financial innovation and money demand : theory and empirical implementation," Policy Research Working Paper Series 585, The World Bank.
    4. James Tobin, 1992. "Money (for New Palgrave Money and Finance)," Cowles Foundation Discussion Papers 1013, Cowles Foundation for Research in Economics, Yale University.

  10. Faulhaber, Gerald R & Baumol, William J, 1988. "Economists as Innovators: Practical Products of Theoretical Research," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 577-600, June.

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    1. W. Scott Frame & Lawrence J. White, 2002. "Empirical studies of financial innovation: lots of talk, little action?," Working Paper 2002-12, Federal Reserve Bank of Atlanta.
    2. Jalal Akhavein & W. Scott Frame & Lawrence J. White, 2001. "The Diffusion of Financial Innovations: An Examination of The Adoption of Small Business Credit Scoring by Large Banking Organizations," Center for Financial Institutions Working Papers 01-19, Wharton School Center for Financial Institutions, University of Pennsylvania.
    3. Lorenzo Rocco, 2002. "Pricing of an Endogenous Peak-Load," Working Papers 54, University of Milano-Bicocca, Department of Economics, revised Aug 2002.
    4. Jose Apesteguia, 2001. "Does Information Matter? Some Experimental Evidence from a Common-Pool Resource Game," Bonn Econ Discussion Papers bgse24_2001, University of Bonn, Germany.
    5. Bos, Frits, 1995. "Economic theory and national accounting," MPRA Paper 5955, University Library of Munich, Germany.
    6. Michel Callon, 2006. "What does it mean to say that economics is performative?," CSI Working Papers Series 005, Centre de Sociologie de l'Innovation (CSI), Mines ParisTech.
    7. Janette Rutterford, 2004. "From dividend yield to discounted cash flow: a history of UK and US equity valuation techniques," Accounting, Business and Financial History, Taylor and Francis Journals, vol. 14(2), pages 115-149.

  11. Ordover, Janusz A & Baumol, William J, 1988. "Antitrust Policy and High-Technology Industries," Oxford Review of Economic Policy, Oxford University Press, vol. 4(4), pages 13-34, Winter.
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  12. Baumol, William J & Wolff, Edward N, 1988. "Productivity Growth, Convergence, and Welfare: Reply," American Economic Review, American Economic Association, vol. 78(5), pages 1155-59, December.

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    5. V. Eldon Ball & Carlos San Juan Mesonada & Camilo A. Ulloa, 2011. "Agricultural productivity in the United States: catching-up and the business cycle," Economics Working Papers we1116, Universidad Carlos III, Departamento de Economía.
    6. George Hammond & Eric Thompson, 2002. "Mobility and Modality Trends in US State Personal Income," Regional Studies, Taylor and Francis Journals, vol. 36(4), pages 375-387.
    7. Benhabib, Jess & Jovanovic, Boyan, 1991. "Externalities and Growth Accounting," American Economic Review, American Economic Association, vol. 81(1), pages 82-113, March.
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    9. Magnus Blomstrom & Edward N. Wolff, 1994. "Multinational Corporations and Productivity Convergence in Mexico," NBER Working Papers 3141, National Bureau of Economic Research, Inc.
    10. Cetorelli, Nicola, 2002. "Could Prometheus be bound again? A contribution to the convergence controversy," Journal of Economic Dynamics and Control, Elsevier, vol. 27(1), pages 29-50, November.
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    13. Nicolas Debarsy & Cem Ertur, 2006. "The European Enlargement Process and Regional Convergence Revisited: Spatial Effects Still Matter," ERSA conference papers ersa06p198, European Regional Science Association.
    14. Aaron Tornell, 1993. "Economic Growth and Decline with Endogenous Property Rights," NBER Working Papers 4354, National Bureau of Economic Research, Inc.
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    17. Goodfriend, Marvin & McDermott, John, 1998. "Industrial Development and the Convergence Question," American Economic Review, American Economic Association, vol. 88(5), pages 1277-89, December.
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    19. Aki Kangasharju, 1999. "Relative Economic Performance in Finland: Regional Convergence, 1934-1993," Regional Studies, Taylor and Francis Journals, vol. 33(3), pages 207-217.
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    23. Michelle Baddeley, 2006. "Convergence or Divergence? The Impacts of Globalisation on Growth and Inequality in Less Developed Countries," International Review of Applied Economics, Taylor and Francis Journals, vol. 20(3), pages 391-410.
    24. De Long, J Bradford, 1988. "Productivity Growth, Convergence, and Welfare: Comment," American Economic Review, American Economic Association, vol. 78(5), pages 1138-54, December.
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    27. Torres Solé, T. & Sala-Ríos, M., 2008. "La convergencia socio-económica de las Comunidades Autónomas españolas en la década de los noventa," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 26, pages 303-332, Julio.
    28. Stefano Athanasoulis & Eric van Wincoop, 1997. "Growth uncertainty and risksharing," Staff Reports 30, Federal Reserve Bank of New York.
    29. Matilde Mas Ivars & Francisco José Goerlich Gisbert, 1998. "- Japan/Usa: (The Apparent) Miracle Of Convergence," Working Papers. Serie EC 1998-20, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    30. Easterly, William, 1994. "Economic stagnation, fixed factors, and policy thresholds," Journal of Monetary Economics, Elsevier, vol. 33(3), pages 525-557, June.
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    32. John F. Helliwell & Alan Chung, 1992. "Convergence and Growth Linkages Between North and South," NBER Working Papers 3948, National Bureau of Economic Research, Inc.
    33. Emerson Luís Lemos Marinho & Flávio Ataliba Flexa Daltro Barreto & Francisco Soares de Lima, 2001. "Produtividade, Variação Tecnológica e Variação de Eficiência Técnica das Regiões e Estados Brasileiros," Anais do XXIX Encontro Nacional de Economia [Proceedings of the 29th Brazilian Economics Meeting] 087, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
    34. John F. Helliwell, 1994. "International Growth Linkages: Evidence from Asia and the OECD," NBER Chapters, in: Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, NBER-EASE Volume 3, pages 7-29 National Bureau of Economic Research, Inc.
    35. Joaquin Maudos & Jose Manuel Pastor & Lorenzo Serrano, 2000. "Convergence in OECD countries: technical change, efficiency and productivity," Applied Economics, Taylor and Francis Journals, vol. 32(6), pages 757-765.
    36. Joaquin Maudos & Jose Manuel Pastor & Lorenzo Serrano, 2003. "Human capital in OECD countries: Technical change, efficiency and productivity," International Review of Applied Economics, Taylor and Francis Journals, vol. 17(4), pages 419-435.
    37. David Mayer Foulkes, 2005. "Institutions and Long-Term Development Policy," Documentos de Trabajo 9602, CIDE, Division de Economia.
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    44. Farhad Noorbakhsh, . "The Dynamics of Spatial Inequality and Polarisation in Iran," Working Papers 2003_17, Business School - Economics, University of Glasgow.
    45. Roe, Terry L. & Mohtadi, Hamid, 1999. "International Trade And Growth: An Overview From The Perspective Of The New Growth Theory," 1999 Annual meeting, August 8-11, Nashville, TN 21536, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    53. Perala, Maiju, 2003. "Persistence of Underdevelopment: Does the Type of Natural Resource Endowment Matter?," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
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    55. Alan B. Krueger, 2001. "An Interview with William J. Baumol," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 211-231, Summer.
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    1. Eliasson, Gunnar & Henrekson, Magnus, 2003. "William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship," Working Paper Series in Economics and Finance 532, Stockholm School of Economics.

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    1. Andrew E. Burke & Theodore To, 1997. "Contesting Contestability and the Efficiency of Wages," Industrial Organization 9706005, EconWPA.
    2. Stefan Mai & Mark Oelmann, 2001. "Elektronischer Handel im Lichte der Bestreitbarkeit von Märkten," IWP Discussion Paper Series 01/2001, Institute for Economic Policy, Cologne, Germany.
    3. Melinda Acutt & Caroline Elliott, 2001. "Threat-Based Competition Policy," European Journal of Law and Economics, Springer, vol. 11(3), pages 309-317, May.
    4. Rita Martins & Adelino Fortunato & Fernando Coelho, 2006. "Cost Structure of the Portuguese Water Industry: a Cubic Cost Function Application," GEMF Working Papers 2006-09, GEMF - Faculdade de Economia, Universidade de Coimbra.
    5. Bernardo Batiz-Lazo & Douglas Wood, 2003. "Corporate strategy for Mexican banks and market contestability," Industrial Organization 0301014, EconWPA.
    6. Rita Martins & Fernando Coelho & Adelino Fortunato, 2008. "Water Losses and Hydrographical Regions Influence on the Cost Structure of the Portuguese Water Industry," GEMF Working Papers 2008-06, GEMF - Faculdade de Economia, Universidade de Coimbra.
    7. Claudio E. V. Borio & Renato Filosa, 1994. "The changing borders of banking: trends and implications," BIS Working Papers 23, Bank for International Settlements.

  15. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-85, December.

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    1. Peña Sánchez, Antonio Rafael, 2007. "Análisis sectorial de la productividad y de la estructura productiva en Andalucía/Sectorial Analysis of the Productivity and the Productive Structure in Andalusia," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 25, pages 691-726, Diciembre.
    2. C. Mónica Capra & Tomomi Tanaka & Colin Camerer & Lauren Munyan & Veronica Sovero & Lisa Wang & Charles Noussair, 2005. "The Impact of Simple Institutions in Experimental Economies with Poverty Traps," Emory Economics 0508, Department of Economics, Emory University (Atlanta).
    3. Jones, Charles I, 1997. " Convergence Revisited," Journal of Economic Growth, Springer, vol. 2(2), pages 131-53, July.
    4. Ram Upendra Das, 2010. "Imperatives of Regional Economic Integration in Asia in the Context of Developmental Asymmetries: Some Policy Suggestions," Working Papers id:3037, eSocialSciences.
    5. Harry P. Bowen & Haris Munandar & Jean-Marie Viaene, 2005. "The Limiting Distribution of Production in Integrated Economies: Evidence from US States and EU Countries," Tinbergen Institute Discussion Papers 05-045/2, Tinbergen Institute, revised 01 2006.
    6. Williamson, Jeffrey G, 1998. "Globalization, Labor Markets and Policy Backlash in the Past," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 51-72, Fall.
    7. Hibbs Jr, Douglas A., 2001. "The Politicization of Growth Theory," Working Papers in Economics 37, Göteborg University, Department of Economics.
    8. Martin Paldam & Erich Gundlach, 2007. "Two Views on Institutions and Development: The Grand Transition vs. the Primacy of Institutions," Kiel Working Papers 1315, Kiel Institute for the World Economy.
    9. Francesca Pancotto & Filippo Pericoli, 2011. "Till Labor Cost Do Us Part A Vecm Model of Unit Labor Cost Convergence in the Euro Area," Working Papers 14, Doctoral School of Economics, Sapienza University of Rome, revised 2011.
    10. Ila M. Semenick Alam & Robin C. Sickles, 1997. "Long Run Properties of Technical Efficiency in the U.S. Airline Industry," CIG Working Papers FS IV 97-25, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    11. Ozgen Sayginsoy, 2004. "Powerful and Serial Correlation Robust Tests of the Economic Convergence Hypothesis," Discussion Papers 04-07, University at Albany, SUNY, Department of Economics.
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    38. George Hammond & Eric Thompson, 2002. "Mobility and Modality Trends in US State Personal Income," Regional Studies, Taylor and Francis Journals, vol. 36(4), pages 375-387.
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    1. Nauro F. Campos & Renata Leite Barbosa, 2009. "Paintings and numbers: an econometric investigation of sales rates, prices, and returns in Latin American art auctions," Oxford Economic Papers, Oxford University Press, vol. 61(1), pages 28-51, January.
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  17. Baumol, William J, 1985. "On Method in U.S. Economics a Century Earlier," American Economic Review, American Economic Association, vol. 75(6), pages 1-12, December.

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    1. Robert Dimand, 1999. "Minnie Throop England On Crises And Cycles: A Neglected Early Macroeconomist," Feminist Economics, Taylor and Francis Journals, vol. 5(3), pages 107-126.

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  19. Baumol, William J & Ordover, Janusz A, 1985. "Use of Antitrust to Subvert Competition," Journal of Law and Economics, University of Chicago Press, vol. 28(2), pages 247-65, May.

    Cited by:

    1. Oliver Gürtler & Matthias Kräkel, 2006. "Mergers, Litigation and Efficiency," Discussion Papers 185, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    2. Schinkel, M.P. & Tuinstra, J., 2004. "Imperfect Competition Law Enforcement," CeNDEF Working Papers 04-07, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    3. Bonardi, Jean-Philippe, 2008. "The internal limits to firms' nonmarket activities," MPRA Paper 14500, University Library of Munich, Germany.
    4. R. Preston McAfee & Hugo Mialon & Sue Mialon, 2005. "Private Antitrust Litigation: Procompetitive or Anticompetitive?," Emory Economics 0524, Department of Economics, Emory University (Atlanta).
    5. McAfee, R. Preston & Mialon, Hugo M. & Mialon, Sue H., 2008. "Private v. public antitrust enforcement: A strategic analysis," Journal of Public Economics, Elsevier, vol. 92(10-11), pages 1863-1875, October.
    6. Aikaterini KOKKINOU, 2010. "Economic growth, innovation and collaborative research and development activities," Management & Marketing, Economic Publishing House, vol. 5(1), Spring.
    7. Johan den Hertog, 2010. "Review of Economic Theories of Regulation," Working Papers 10-18, Utrecht School of Economics.
    8. Arndt Christiansen and Wolfgang Kerber & Wolfgang Kerber, 2006. "Competition Policy with Optimally Differentiated Rules Instead of "Per se Rules vs. Rule of Reason"," Marburg Working Papers on Economics 200606, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    9. William Shughart & Fred McChesney, 2010. "Public choice theory and antitrust policy," Public Choice, Springer, vol. 142(3), pages 385-406, March.

  20. Baumol, William J & Wolff, Edward N, 1984. "On Interindustry Differences in Absolute Productivity," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 1017-34, December.

    Cited by:

    1. Nicholas Oulton, 2000. "Must the growth rate decline? Baumol's unbalanced growth revisited," Bank of England working papers 107, Bank of England.
    2. David Paton & Donald S. Siegel & Leighton Vaughan Williams, 2004. "Productivity Measurement in a Service Industry: Plant-Level Evidence from Gambling Establishments in the United Kingdom," Rensselaer Working Papers in Economics 0413, Rensselaer Polytechnic Institute, Department of Economics.
    3. Rachel Griffith & Stephen Redding & Helen Simpson, 2004. "Foreign Ownership and Productivity: New Evidence from the Service Sector and the R&D Lab," Oxford Review of Economic Policy, Oxford University Press, vol. 20(3), pages 440-456, Autumn.
    4. Nicholas Oulton & Sylaja Srinivasan, 2005. "Productivity growth in UK industries, 1970-2000: structural change and the role of ICT," Bank of England working papers 259, Bank of England.
    5. Mary Gregory & Giovanni Russo, 2004. "The Employment Impact of Differences in Dmand and Production," DEMPATEM Working Papers wp10, AIAS, Amsterdam Institute for Advanced Labour Studies.

  21. Baumol, William J, 1983. "Marx and the Iron Law of Wages," American Economic Review, American Economic Association, vol. 73(2), pages 303-08, May.

    Cited by:

    1. Howard Petith, 2005. "Capitalism, Unemployment and the Transition to the Contemporary Pattern of Growth," UFAE and IAE Working Papers 649.05, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).

  22. Baumol, William J & Panzar, John C & Willig, Robert D, 1983. "Contestable Markets: An Uprising in the Theory of Industry Structure: Reply," American Economic Review, American Economic Association, vol. 73(3), pages 491-96, June.

    Cited by:

    1. Chris Stefanadis, 1999. "Sunk costs, contestability, and the latent contract market," Staff Reports 75, Federal Reserve Bank of New York.
    2. Ying Fan & Menghui Li & Zengru Di, 2004. "Increasing Returns to Scale, Dynamics of Industrial Structure and Size Distribution of Firms," Quantitative Finance Papers cond-mat/0407383, arXiv.org.
    3. Eliasson, Gunnar & Henrekson, Magnus, 2003. "William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship," Working Paper Series in Economics and Finance 532, Stockholm School of Economics.
    4. Cheung, Cherry & Coucke, Kristien & Neicu, Daniel, 2011. "A Decision Tree as a Quick Scan for Effective Market Functioning," Working Papers 2011/06, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    5. Dominique Finon & Catherine Locatelli, 2008. "Russian and European gas interdependence. Can market forces balance out geopolitics?," Post-Print halshs-00129618, HAL.
    6. Stephen Martin, 2002. "Sunk Cost and Entry," Review of Industrial Organization, Springer, vol. 20(4), pages 291-304, June.
    7. Bunte,F. & Maks,H., 1997. "Contestability and sunk costs: An analysis of product R&D competition," Research Memoranda 009, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.

  23. Baumol, William J, 1982. "Applied Fairness Theory and Rationing Policy," American Economic Review, American Economic Association, vol. 72(4), pages 639-51, September.

    Cited by:

    1. Easter, K. William, 1990. "Institutional Arrangements For Managing Water Conflicts In Minnesota," Staff Papers 13573, University of Minnesota, Department of Applied Economics.
    2. von Witzke, Harald & Livingston, Marie L., 1990. "Public Choice In International Pollution," Staff Papers 13645, University of Minnesota, Department of Applied Economics.
    3. Easter, K. William, 1990. "Economic Failure Plagues Developing Countries' Irrigation: An Assurance Problem," Staff Papers 13337, University of Minnesota, Department of Applied Economics.

  24. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.

    Cited by:

    1. Mamatzakis, E & Koutsomanoli, A, 2009. "Risk in the EU banking industry and efficiency under quantile analysis," MPRA Paper 22492, University Library of Munich, Germany.
    2. Witteloostuijn, A. van, 1993. "Multimarket competition and business strategy," Open Access publications from Tilburg University urn:nbn:nl:ui:12-5373416, Tilburg University.
    3. Metcalfe, John S. & Ramlogan, Ronnie & Uyarra, E., 2002. "Economic Development and the Competitive Process," Centre on Regulation and Competition (CRC) Working papers 30612, University of Manchester, Institute for Development Policy and Management (IDPM).
    4. Jacob A. Bikker & Dirk W.G.A. Broeders & Jan de Dreu, 2007. "Stock market performance and pension fund investment policy: rebalancing, free float, or market timing?," DNB Working Papers 154, Netherlands Central Bank, Research Department.
    5. Carlos Pombo & Manuel Ramírez, 2003. "Privatization in Colombia: A Plant Performance Analysis," RES Working Papers 3151, Inter-American Development Bank, Research Department.
    6. L. Couvillion & Scott Meyer, 1993. "Effective government intervention in the market for children," Forum for Social Economics, Springer, vol. 23(1), pages 49-58, September.
    7. Schmid, Günther, 2004. "Gewährleistungsstaat und Arbeitsmarkt: neue Formen von Governance in der Arbeitsmarktpolitik," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2004-107, Social Science Research Center Berlin (WZB).
    8. Howard Smith & Simon Latcovich, 2000. "Sinking the Internet: Pricing, Sunk Costs, and Market Structure Online," Economics Series Working Papers 036, University of Oxford, Department of Economics.
    9. Shrimal Perera & Michael Skully & J. Wickramanayake, 2006. "Competition and structure of South Asian banking: a revenue behaviour approach," Applied Financial Economics, Taylor and Francis Journals, vol. 16(11), pages 789-801.
    10. Christoph Engel & Wolf Singer, 2007. "Better Than Conscious? The Brain, the Psyche, Behavior, and Institutions," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2007_24, Max Planck Institute for Research on Collective Goods.
    11. Miljkovic, Dragan, 2006. "U.S. and Canadian Livestock Prices: Market Integration and Trade Dependence," 2006 Conference, April 17-18, 2006, St. Louis, Missouri 18996, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    12. Peter Kuhn, 1982. "Malfeasance in Long Term Employment Contracts: A New General Model with an Application to Unionism," NBER Working Papers 1045, National Bureau of Economic Research, Inc.
    13. Marion, Bruce W., 1985. "The Structural And Performance Effects Of Retail Mergers," Journal of Food Distribution Research, Food Distribution Research Society, vol. 16(1), February.
    14. Jacob A. Bikker & Laura Spierdijk & Paul Finnie, 2007. "The Impact of Market Structure, Contestability and Institutional Environment on Banking Competition," Working Papers 07-29, Utrecht School of Economics.
    15. Jürgen Wandel, 2011. "Business groups and competition in post-Soviet transition economies: The case of Russian “agroholdings”," The Review of Austrian Economics, Springer, vol. 24(4), pages 403-450, December.
    16. Boone, Jan, 2004. "Balance of Power," CEPR Discussion Papers 4733, C.E.P.R. Discussion Papers.
    17. Marsch, Katharina & Schmieder, Christian & Forster-van Aerssen, Katrin, 2007. "Banking consolidation and small businessfinance: empirical evidence for Germany," Discussion Paper Series 2: Banking and Financial Studies 2007,09, Deutsche Bundesbank, Research Centre.
    18. Xavier Gabaix, 2009. "The Granular Origins of Aggregate Fluctuations," NBER Working Papers 15286, National Bureau of Economic Research, Inc.
    19. Humphrey David & Carbó Valverde Santiago & Maudos Villarroya Joaquín & Molyneux Philip, 2006. "Cross-Country Comparisons of Competition and Pricing Power in European Banking," Working Papers 201036, Fundacion BBVA / BBVA Foundation.
    20. Klaus Zimmermann & Tobias Just, 2000. "Interest Groups, Referenda, and the Political Process: On the Efficiency of Direct Democracy," Constitutional Political Economy, Springer, vol. 11(2), pages 147-163, June.
    21. Muysken,Joan & Zwick,Thomas, 1996. "Insider power breeds human capitalists," Research Memoranda 017, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
    22. Stefan Mai & Mark Oelmann, 2001. "Elektronischer Handel im Lichte der Bestreitbarkeit von Märkten," IWP Discussion Paper Series 01/2001, Institute for Economic Policy, Cologne, Germany.
    23. D. P. T. Young, 2000. "Firms' Market Power, Endogenous Preferences and the Focus of Competition Policy," Review of Political Economy, Taylor and Francis Journals, vol. 12(1), pages 73-87.
    24. Dinculescu Elena Silvia & Micuda Ion Dan, 2009. "Quality Management In Banking System," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 3(1), pages 537-540, May.
    25. Robin Douhan & Gunnar Eliasson & Magnus Henrekson, 2007. "Israel M. Kirzner: An Outstanding Austrian Contributor to the Economics of Entrepreneurship," Small Business Economics, Springer, vol. 29(1), pages 213-223, June.
    26. Kessides, Ioannis N. & Tang, Li, 2011. "Sunk costs, market contestability, and the size distribution of firms," Policy Research Working Paper Series 5540, The World Bank.
    27. Aisling Reynolds-Feighan, 1995. "European air transport public service obligations: a periodic review," Fiscal Studies, Institute for Fiscal Studies, vol. 16(1), pages 58-74, February.
    28. Lynn W. Woosley & B. Frank King & Michael S. Padhi, 2000. "Is commercial banking a distinct line of commerce?," Economic Review, Federal Reserve Bank of Atlanta, issue Q4, pages 39-58.
    29. Edward J. Lopez, 2005. "New Anti-Merger Theories: A Critique," Law and Economics 0512003, EconWPA.
    30. Neil Karunaratne, 1997. "High-Tech Innovation, Growth and Trade Dynamics in Australia," Open Economies Review, Springer, vol. 8(2), pages 151-170, April.
    31. Federico S. Mandelman, 2006. "Business cycles: a role for imperfect competition in the banking system," Working Paper 2006-21, Federal Reserve Bank of Atlanta.
    32. Michael J. Stutzer, 1984. "Probable future competition in banking antitrust determination: research findings," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum.
    33. Jacob A. Bikker & Laura Spierdijk & Paul Finnie, 2006. "The Impact of Bank Size on Market Power," DNB Working Papers 120, Netherlands Central Bank, Research Department.
    34. Paul Nillesen & Michael Pollitt, 2011. "Ownership Unbundling in Electricity Distribution: Empirical Evidence from New Zealand," Review of Industrial Organization, Springer, vol. 38(1), pages 61-93, January.
    35. Jim Engle-Warnick & Bradley Ruffle, 2002. "Buyer Countervailing Power versus Monopoly Power: Evidence from Experimental Posted-Offer Markets," Economics Papers 2002-W14, Economics Group, Nuffield College, University of Oxford.
    36. Knieps, Günter, 2004. "Limits to the (De-)Regulation of Transport Services," Discussion Papers 99, University of Freiburg, Institute for Transport Economics and Regional Policy.
    37. Natasa Koutsomanoli & Christos Staikouras, 2004. "Competition and Concentration," Money Macro and Finance (MMF) Research Group Conference 2004 26, Money Macro and Finance Research Group.
    38. Wohlgemuth, Michael, 2007. "Learning through institutional competition," Freiburg Discussion Papers on Constitutional Economics 07/9, Walter Eucken Institut e.V..
    39. Barrett, Sean D., 2003. "The Irish Strategic Rail Review: A Critique," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2003(3-Autumn), pages 1-20.
    40. Basu, Arnab K & Chau, Nancy H & Kanbur, Ravi, 2006. "A Theory of Employment Guarantees: Contestability, Credibility and Distributional Concerns," CEPR Discussion Papers 5784, C.E.P.R. Discussion Papers.
    41. Numa, Guy, . "The Infrastructure-Superstructure Distinction in the Railroad Industry and the Regulation of Natural Monopolies," Open Access publications from Université Paris-Dauphine urn:hdl:123456789/4153, Université Paris-Dauphine.
    42. John Fingleton, 2000. "Undefining Market Power," Trinity Economics Papers 20004, Trinity College Dublin, Department of Economics.
    43. Tunstall, Allan W., 1992. "Corruption! At Flemington Markets? A Case Study in Public Policy," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 60(01), April.
    44. Maijoor, S.J. & Buijink, W.F.J. & Witteloostuijn, A. van & Zinken, M.W.H., 1995. "Long Term Concentration in the Dutch Audit Market: the use of auditor association membership lists in historical research," Open Access publications from Tilburg University urn:nbn:nl:ui:12-5373421, Tilburg University.
    45. David S. Evans & Michael Salinger, 2004. "An Empirical Analysis of Bundling and Tying: Over-the-Counter Pain Relief and Cold Medicines," CESifo Working Paper Series 1297, CESifo Group Munich.
    46. Howard Marvel & James Peck, 2000. "Vertical Control, Retail Inventories & Product Variety," Working Papers 00-09, Ohio State University, Department of Economics.
    47. Bruttel, Oliver, 2002. "Die Privatisierung der öffentlichen Arbeitsverwaltung am Beispiel Australiens," Discussion Papers, Research Unit: Labor Market Policy and Employment FS I 02-214, Social Science Research Center Berlin (WZB).
    48. Gebhard Kirchgässner, 1994. "Nationale und internationale Bestimmungsfaktoren der schweizerischen Mineralölpreise:," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 130(III), pages 575-598, September.
    49. Christos Pitelis, 2005. "Edith Penrose, organisational economics and business strategy: an assessment and extension," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 67-82.
    50. Brian Ferguson & Stephen Palmer, 1994. "Markets and the NHSME Guidelines: costs and prices in the internal market," Working Papers 120chedp, Centre for Health Economics, University of York.
    51. Xavier Gabaix, 2004. "Power laws and the origins of aggregate fluctuations," Econometric Society 2004 North American Summer Meetings 484, Econometric Society.
    52. Eliasson, Gunnar & Henrekson, Magnus, 2003. "William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship," Working Paper Series in Economics and Finance 532, Stockholm School of Economics.
    53. Matthews, Kent & Murinde, Victor & Zhao, Tianshu, 2006. "Competitiveness and Market Contestability of Major UK Banks," Cardiff Economics Working Papers E2006/6, Cardiff University, Cardiff Business School, Economics Section.
    54. Cook, Paul, 2002. "Competition Policy, Market Power and Collusion in Developing Countries," Centre on Regulation and Competition (CRC) Working papers 30681, University of Manchester, Institute for Development Policy and Management (IDPM).
    55. Centner, Terence J. & Wetzstein, Michael E., 1984. "Cooperative Antitrust Monopolization And The Theory Of Contestable Markets," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(01), July.
    56. Christos Pitelis & Mirko Schnell, 2002. "Barriers to Mobility in Europe's Civil Aviation Markets: Theory and New Evidence," Review of Industrial Organization, Springer, vol. 20(2), pages 127-150, March.
    57. Espino, Freddy & Carrera, César, 2006. "Concentración bancaria y margen de las tasas de interés en Perú," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 13.
    58. Sauer, Johannes, 2004. "Die Ökonomie der (ländlichen) Wasserversorgung," IAMO Discussion Papers 70, Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO).
    59. Pierre Heumann, 1984. "Markthindernisse, Transaktionskosten und property rights: Möglichkeiten für eine rationale Energiepolitik," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 120(III), pages 367-382, September.
    60. Barrett, Sean D., 2004. "Bus Competition in Ireland - The Case for Market Forces," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2004(3-Autumn), pages 1-20.
    61. Joshy Easaw, 2000. "Network Access Regulation and Competition Policy: An Assessment of the “Direct-Plus-Opportunity Costâ€\x9D Regime and Policy Options," Empirica, Springer, vol. 27(2), pages 133-156, June.
    62. Günter Knieps, 2006. "Competition in the Post-Trade Markets: A Network Economic Analysis of the Securities Business," Journal of Industry, Competition and Trade, Springer, vol. 6(1), pages 45-60, March.
    63. van Witteloostuijn, Arjen, 1988. "Entry And Exit Barriers: A Note On The Compatibility Of Free Entry And Costly Exit," Working Papers 88-40, C.V. Starr Center for Applied Economics, New York University.
    64. Akhtar Hossain & Rizwana Salim Rashid, 1999. "The Political Economy of Bangladesh's Large and Growing Trade Deficits with India," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 38(1), pages 25-68.
    65. Abdul Majid, Muhamed Zulkhibri & Sufian, Fadzlan, 2007. "Market Structure and Competition in Emerging Market: Evidence from Malaysian Islamic Banking Industry," MPRA Paper 12126, University Library of Munich, Germany, revised 01 Jul 2007.
    66. Maudos, Joaquin & Fernandez de Guevara, Juan, 2006. "Banking competition, financial dependence and economic growth," MPRA Paper 15254, University Library of Munich, Germany, revised 2006.
    67. Michael C. Keeley, 1984. "The economics of firm size: implications from labor-market studies," Economic Review, Federal Reserve Bank of San Francisco, issue Win, pages 5-21.
    68. Nathan Strong & Alan Bollard & Michael Pickford, 2000. "Defining Market Dominance: A Study of Antitrust Decisions on Business Acquisitions in New Zealand," Review of Industrial Organization, Springer, vol. 17(2), pages 209-227, September.
    69. Rico Maggi, 1987. "Die Analyse der Wettbewerbsfähigkeit wirtschaftlicher Strukturen," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 123(III), pages 367-389, September.
    70. Rogério Mazali & José Rodrigues-Neto, 2011. "Dress to Impress: Brands as Status Symbols," ANUCBE School of Economics Working Papers 2011-567, Australian National University, College of Business and Economics, School of Economics.
    71. Horst Gischer & Toni Richter, 2011. "'Global Player' im Bankenwesen - ökonomisch sinnvoll oder problembehaftet?," FEMM Working Papers 110012, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    72. Brennan, Donna C., 1995. "Deregulation And Efficiency In Grain Transport," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(02), August.
    73. Nicoletta Batini & Brian Jackson & Stephen Nickell, 2002. "The Pricing Behaviour of UK Firms," Discussion Papers 09, Monetary Policy Committee Unit, Bank of England.
    74. Matthews, Kent & Zhang, Nina, 2009. "Bank Productivity in China 1997-2007: An Exercise in Measurement," Cardiff Economics Working Papers E2009/14, Cardiff University, Cardiff Business School, Economics Section.
    75. Isabell Koske, 2011. "Price effects of the euro cash changeover: the role of product market competition," Empirica, Springer, vol. 38(2), pages 223-230, May.
    76. Schimank, Uwe, 2011. "Wohlfahrtsgesellschaften als funktionaler Antagonismus von Kapitalismus und Demokratie: Ein immer labilerer Mechanismus?," MPIfG Working Paper 11/2, Max Planck Institute for the Study of Societies.
    77. John Heywood, 1988. "Market structure and the pattern of black-owned firms," The Review of Black Political Economy, Springer, vol. 16(4), pages 65-76, March.
    78. Ricardo Castro Soto, 2007. "Función De Costos De Abatimiento De Emisiones De So2 En Enap Refinerías Bio-Bio," Revista Economía y Administración, Facultad de Ciencias Económicas y Administrativas, Universidad de Concepción, vol. 69, pages 57-79, December.
    79. Michael Dietrich, 2002. "The Contested Sovereignty of the Firm," Review of Political Economy, Taylor and Francis Journals, vol. 14(2), pages 193-209.
    80. Carolyn Currie, 2002. "Integrity and Security in the E-Century," Working Paper Series 117, School of Finance and Economics, University of Technology, Sydney.
    81. Hulsink, W. & Wubben, E., 2003. "Creating competition & mastering markets; New entrants, monopolists, and regulators in transforming public utilities across the Atlantic," Research Paper ERS-2003-051-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
    82. David S. Evans & Michael Salinger, 2005. "Curing Sinus Headaches and Tying Law: An Empirical Analysis of Bundling Decongestants and Pain Relievers," CESifo Working Paper Series 1519, CESifo Group Munich.
    83. Mark Oelmann, 2003. "Ein geeigneter wettbewerblicher Rahmen für die deutsche Wasserwirtschaft," IWP Discussion Paper Series 03/2003, Institute for Economic Policy, Cologne, Germany.
    84. Christian Schmieder & Katharina Marsch & Katrin Forster-van Aerssen, 2010. "Does banking consolidation worsen firms’ access to credit? Evidence from the German economy," Small Business Economics, Springer, vol. 35(4), pages 449-465, November.
    85. J.A. Bikker & J.M. Groeneveld, 1998. "Competition and Concentration in the EU Banking Industry," Research Series Supervision (discontinued) 8, Netherlands Central Bank, Directorate Supervision.
    86. Bunte,F. & Maks,H., 1997. "Contestability and sunk costs: An analysis of product R&D competition," Research Memoranda 009, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.

  25. Baumol, William J & Willig, Robert D, 1981. "Fixed Costs, Sunk Costs, Entry Barriers, and Sustainability of Monopoly," The Quarterly Journal of Economics, MIT Press, vol. 96(3), pages 405-31, August.

    Cited by:

    1. christoph Engel, 2005. "Voice over IP. Competition Policy and Regulation," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2005_26, Max Planck Institute for Research on Collective Goods.
    2. Cadot, Olivier & Dutoit, Laure & Olarreaga, Marcelo, 2006. "How costly is it for poor farmers to lift themselves out of poverty?," Policy Research Working Paper Series 3881, The World Bank.
    3. Kessides, Ioannis N. & Willig, Robert D., 1995. "Restructuring regulation of the rail industry for the public interest," Policy Research Working Paper Series 1506, The World Bank.
    4. Markus Pasche & Sebastian von Engelhardt, 2004. "Volkswirtschaftliche Aspekte der Open-Source-Softwareentwicklung," Jenaer Schriften zur Wirtschaftswissenschaft 18/2004, Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultät.
    5. Boone, Jan, 2004. "Balance of Power," CEPR Discussion Papers 4733, C.E.P.R. Discussion Papers.
    6. Asplund, Marcus, 1995. "What Fraction of a Capital Investment is Sunk Cost?," Working Paper Series in Economics and Finance 68, Stockholm School of Economics, revised 24 Sep 1999.
    7. Kyle Bagwell & Garey Ramey, 1990. "Capacity," Discussion Papers 1131, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    8. Olivier Cadot & Laure Dutoit & Marcelo Olarreaga, 2005. "How Costly is it for Poor Farmers to Lift Themselves out of Subsistence?," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 05.09, Université de Lausanne, Faculté des HEC, DEEP.
    9. Alexandre Manoel Angelo da Silva, 2001. "Setor Aéreo Doméstico Brasileiro: uma Função Custo," Anais do XXIX Encontro Nacional de Economia [Proceedings of the 29th Brazilian Economics Meeting] 069, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
    10. Amann, Edmund & Baer, Werner, 2005. "Neo-Liberalism and Market Concentration in Brazil: The Emergence of a Contradiction?," Centre on Regulation and Competition (CRC) Working papers 30658, University of Manchester, Institute for Development Policy and Management (IDPM).
    11. Scharf, Kimberley, 2011. "Scale Scale Economies in Nonprofit Provision, Technology Adoption and Entry," CAGE Online Working Paper Series 44, Competitive Advantage in the Global Economy (CAGE).
    12. Paul Nillesen & Michael Pollitt, 2011. "Ownership Unbundling in Electricity Distribution: Empirical Evidence from New Zealand," Review of Industrial Organization, Springer, vol. 38(1), pages 61-93, January.
    13. Laaser, Claus-Friedrich, 1988. "Möglichkeiten der Deregulierung des Schienenverkehrs der Deutschen Bundesbahn: die Option des Wettbewerbs im Schienennetz," Kiel Working Papers 314, Kiel Institute for the World Economy.
    14. Lawrence A. Plummer, 2007. "The Spatial Dynamic Between Established Firms and Entrants," The Office of Advocacy Small Business Working Papers 07lp, U.S. Small Business Administration, Office of Advocacy.
    15. Inderst, Roman, 2006. "Consumer Lending When Lenders are More Sophisticated Than Households," CEPR Discussion Papers 5410, C.E.P.R. Discussion Papers.
    16. Kyle Bagwell & Garey Ramey, 1996. "Capacity, Entry, and Forward Induction," RAND Journal of Economics, The RAND Corporation, vol. 27(4), pages 660-680, Winter.
    17. Wagstaff, Adam & Barnum, Howard, 1992. "Hospital cost functions for developing countries," Policy Research Working Paper Series 1044, The World Bank.
    18. Jedlicka, Lorenz & Jumah, Adusei, 2006. "The Austrian Insurance Industry: A Structure, Conduct and Performance Analysis," Economics Series 189, Institute for Advanced Studies.
    19. Carlos Daniel Santos, 2009. "Recovering the Sunk Costs of R&D: the Moulds Industry Case," CEP Discussion Papers dp0958, Centre for Economic Performance, LSE.
    20. van Witteloostuijn, Arjen, 1988. "Entry And Exit Barriers: A Note On The Compatibility Of Free Entry And Costly Exit," Working Papers 88-40, C.V. Starr Center for Applied Economics, New York University.

  26. Baumol, William J & Wolff, Edward N, 1981. "Subsidies to New Energy," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 891-913, October.

    Cited by:

    1. G. W. Brandie & R. H. Clark & J. C. Wigington, 1982. "The Economic Enigma of the Tar Sands," Canadian Public Policy, University of Toronto Press, vol. 8(2), pages 156-164, Spring.
    2. William Baumol, 1991. "Toward enhancement of the contribution of theory to environmental policy," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 1(4), pages 333-352, December.
    3. William Baumol, 2000. "Leontief's Great Leap Forward: Beyond Quesnay, Marx and von Bortkiewicz," Economic Systems Research, Taylor and Francis Journals, vol. 12(2), pages 141-152.
    4. Lawrence H. Goulder & Marc S. Robinson, 1982. "Synfuels: Justifications for and Consequences of Government Intervention," UCLA Economics Working Papers 272, UCLA Department of Economics.
    5. Lawrence H. Goulder & Marc S. Robinson, 1985. "Synfuels Production, Exhaustible Resources and Monopsony Power," UCLA Economics Working Papers 378, UCLA Department of Economics.

  27. Baumol, William J, 1979. "Quasi Optimality: The Price We Must Pay for a Price System," Journal of Political Economy, University of Chicago Press, vol. 87(3), pages 578-99, June.

    Cited by:

    1. Richard O. Zerbe & Howard E. McCurdy, 1999. "The failure of market failure," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 18(4), pages 558-578.

  28. Baumol, William J & Fischer, Dietrich, 1978. "Cost-Minimizing Number of Firms and Determination of Industry Structure," The Quarterly Journal of Economics, MIT Press, vol. 92(3), pages 439-67, August.

    Cited by:

    1. Marianne Fischman & Emeric Lendjel, 2010. "Comment expliquer la permanence de l'artisanat dans le transport fluvial de marchandises ?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00582556, HAL.
    2. Baumol, William J. & Fischer, Dietrich & Nadiri, M. Ishaq, 1979. "Forms for Empirical Cost Functions to Evaluate Efficiency of Industry Structure," Working Papers 79-18, C.V. Starr Center for Applied Economics, New York University.
    3. Eliasson, Gunnar & Henrekson, Magnus, 2003. "William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship," Working Paper Series in Economics and Finance 532, Stockholm School of Economics.

  29. Baumol, William J & Bailey, Elizabeth E & Willig, Robert D, 1977. "Weak Invisible Hand Theorems on the Sustainability of Multiproduct Natural Monopoly," American Economic Review, American Economic Association, vol. 67(3), pages 350-65, June.

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    1. María Angeles García Valiñas, 2004. "Eficiencia y equidad en el diseño de precios óptimos para bienes y servicios públicos," Hacienda Pública Española, IEF, vol. 168(1), pages 95-119, march.
    2. Leonard J. Mirman, 1983. "Supportability, Sustainability and Subsidy Free Prices," Discussion Papers 563, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Rodríguez Romero, Luis, . "La teoría clásica de la regulación de monopolios naturales," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/4568, Universidad Carlos III de Madrid.
    4. Emeric Lendjel & Marianne Fischman, 2010. "Changements institutionnels et efficience de l'affrètement au voyage dans le transport fluvial de marchandises," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00515244, HAL.
    5. Dreze, Jacques & Le Breton, Michel & Savvateev, Alexei & Weber, Shlomo, 2006. "0.19% Subsidy-Free Spatial Pricing," IDEI Working Papers 423, Institut d'Économie Industrielle (IDEI), Toulouse.
    6. Gérard Mondello & Evens Salies, 2007. "Fragmenter une activité à risque," Documents de Travail de l'OFCE 2007-19, Observatoire Francais des Conjonctures Economiques (OFCE).
    7. Thijs ten Raa, 2009. "Monopoly, Pareto and Ramsey Mark-ups," Journal of Industry, Competition and Trade, Springer, vol. 9(1), pages 57-63, March.
    8. Edward M. Iacobucci & Michael J. Trebilcock & Tracey D. Epps, 2007. "Rerouting the Mail: Why Canada Post is Due for Reform," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 243, February.
    9. Catherine L. Mann, 1985. "Trade policy for the multiple product declining industry," International Finance Discussion Papers 259, Board of Governors of the Federal Reserve System (U.S.).
    10. Rogério Mazali & José Rodrigues-Neto, 2011. "Dress to Impress: Brands as Status Symbols," ANUCBE School of Economics Working Papers 2011-567, Australian National University, College of Business and Economics, School of Economics.
    11. Vincent Iehlé, 2004. "Stable pricing in monopoly and equilibrium-core of cost games," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00193961, HAL.

  30. Baumol, William J, 1977. "On the Proper Cost Tests for Natural Monopoly in a Multiproduct Industry," American Economic Review, American Economic Association, vol. 67(5), pages 809-22, December.

    Cited by:

    1. Marianne Fischman & Emeric Lendjel, 2010. "Comment expliquer la permanence de l'artisanat dans le transport fluvial de marchandises ?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00582556, HAL.
    2. K.P. Kannan & N. Vijayamohanan Pillai, 2001. "The political economy of public utilities: A study of the power sector," Centre for Development Studies, Trivendrum Working Papers 316, Centre for Development Studies, Trivendrum, India.
    3. Bloch, Harry & Madden, Gary G & Savage, Scott J, 2001. "Economies of scale and scope in Australian telecommunications," MPRA Paper 11154, University Library of Munich, Germany.
    4. Stefan Buehler, 2000. "Is Swiss Telecommunications a Natural Monopoly? An Evaluation of Empirical Evidence," Working Papers 0001, University of Zurich, Socioeconomic Institute.
    5. Stefan Baumgartner, 2001. "Heinrich von Stackelberg on joint production," European Journal of the History of Economic Thought, Taylor and Francis Journals, vol. 8(4), pages 509-525.
    6. Rodríguez Romero, Luis, . "La teoría clásica de la regulación de monopolios naturales," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/4568, Universidad Carlos III de Madrid.
    7. Christian Growitsch & T. Jamasb & M. Pollitt, 2005. "Quality of Service, Efficiency, and Scale in Network Industries: An Analysis of European Electricity Distribution," IWH Discussion Papers 3, Halle Institute for Economic Research.
    8. Andrew B. Bernard & Stephen J. Redding & Peter K. Schott, 2006. "Multi-Product Firms and Product Switching," NBER Working Papers 12293, National Bureau of Economic Research, Inc.
    9. Richard Nehring & Jorge Fernandez-Cornejo & David Banker, 2005. "Off-farm labour and the structure of US agriculture: the case of corn/soybean farms," Applied Economics, Taylor and Francis Journals, vol. 37(6), pages 633-649.
    10. Lawrence J. Haber, 1981. "Factor Transferability: The Efficiency of Single Product and Multiproduct Firms," Eastern Economic Journal, Eastern Economic Association, vol. 7(2), pages 119-124, Apr-Jun.
    11. Pierre M. Picard & David E. Wildasin, 2005. "Labor Market Pooling, Outsourcing and Contracts in Chamberlinian Cities," The School of Economics Discussion Paper Series 0520, Economics, The University of Manchester.
    12. R. Richard Geddes, 2005. "Policy Watch: Reform of the U.S. Postal Service," Journal of Economic Perspectives, American Economic Association, vol. 19(3), pages 217-232, Summer.
    13. Rui Cunha Marques & Ana Oliveira-Brochado, 2007. "Comparing Airport regulation in Europe: Is there need for a European Regulator?," FEP Working Papers 259, Universidade do Porto, Faculdade de Economia do Porto.
    14. PICARD, Pierre M. & WILDASIN, David E., 2006. "Labor market pooling, outsourcing and contracts in Chamberlinian regions," CORE Discussion Papers 2006060, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    15. Andrew B. Bernard & Stephen J. Redding & Peter K. Schott, 2006. "Multi-Product Firms and Trade Liberalization," NBER Working Papers 12782, National Bureau of Economic Research, Inc.
    16. Numa, Guy, . "The Infrastructure-Superstructure Distinction in the Railroad Industry and the Regulation of Natural Monopolies," Open Access publications from Université Paris-Dauphine urn:hdl:123456789/4153, Université Paris-Dauphine.
    17. Alejandro Saporiti & German Coloma, 2009. "Bertrand's price competition in markets with fixed costs," RCER Working Papers 549, University of Rochester - Center for Economic Research (RCER).
    18. Johan den Hertog, 2010. "Review of Economic Theories of Regulation," Working Papers 10-18, Utrecht School of Economics.
    19. Jean-Paul Chavas, 2011. "On the microeconomics of diversification under learning," Journal of Economics, Springer, vol. 104(1), pages 25-47, September.
    20. J. Sauer, 2005. "Die optimale Organisation der Wasserversorgung aus ökonomischer Perspektive," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 225(2), pages 225-244, March.
    21. Rita Martins & Adelino Fortunato & Fernando Coelho, 2006. "Cost Structure of the Portuguese Water Industry: a Cubic Cost Function Application," GEMF Working Papers 2006-09, GEMF - Faculdade de Economia, Universidade de Coimbra.
    22. Sauer, Johannes, 2004. "Die Ökonomie der (ländlichen) Wasserversorgung," IAMO Discussion Papers 70, Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO).
    23. Bloch, Harry & Madden, Gary G & Coble-Neal, Grant, 2001. "The cost structure of Australian telecommunications," MPRA Paper 11019, University Library of Munich, Germany.
    24. Rita Martins & Fernando Coelho & Adelino Fortunato, 2008. "Water Losses and Hydrographical Regions Influence on the Cost Structure of the Portuguese Water Industry," GEMF Working Papers 2008-06, GEMF - Faculdade de Economia, Universidade de Coimbra.
    25. Nehring, Richard F. & Fernandez-Cornejo, Jorge & Banker, David E., 2002. "Off-Farm Labor And The Structure Of U.S. Agriculture: The Case Of Corn/Soybean Farms," 2002 Annual meeting, July 28-31, Long Beach, CA 19763, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    26. Germán Coloma & Alejandro Saporiti, 2006. "Bertrand equilibria in markets with fixed costs," The School of Economics Discussion Paper Series 0627, Economics, The University of Manchester.
    27. J.A. Bikker & J.M. Groeneveld, 1998. "Competition and Concentration in the EU Banking Industry," Research Series Supervision (discontinued) 8, Netherlands Central Bank, Directorate Supervision.

  31. Baumol, William J & Braunstein, Yale M, 1977. "Empirical Study of Scale Economies and Production Complementarity: The Case of Journal Publication," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 1037-48, October.

    Cited by:

    1. Bloch, Harry & Madden, Gary G & Savage, Scott J, 2001. "Economies of scale and scope in Australian telecommunications," MPRA Paper 11154, University Library of Munich, Germany.
    2. Stefan Buehler, 2000. "Is Swiss Telecommunications a Natural Monopoly? An Evaluation of Empirical Evidence," Working Papers 0001, University of Zurich, Socioeconomic Institute.
    3. Baumol, William J. & Fischer, Dietrich & Nadiri, M. Ishaq, 1979. "Forms for Empirical Cost Functions to Evaluate Efficiency of Industry Structure," Working Papers 79-18, C.V. Starr Center for Applied Economics, New York University.
    4. Bloch, Harry & Madden, Gary G & Coble-Neal, Grant, 2001. "The cost structure of Australian telecommunications," MPRA Paper 11019, University Library of Munich, Germany.

  32. Baumol, William J, 1974. "On Taxation and the Control of Externalities: Reply," American Economic Review, American Economic Association, vol. 64(3), pages 472, June.

    Cited by:

    1. Élodie Bertrand, 2006. "La thèse d'efficience du « théorème de Coase ». Quelle critique de la microéconomie ?," Revue économique, Presses de Sciences-Po, vol. 57(5), pages 983-1007.

  33. Baumol, William J, 1973. "Income and Substitution Effects in the Linder Theorem," The Quarterly Journal of Economics, MIT Press, vol. 87(4), pages 629-33, November.

    Cited by:

    1. Manuel Besada & Javier García & Miguel Mirás & Carmen Vázquez, 2011. "Generalized marginal rate of substitution in multiconstraint consumer’s problems and their reciprocal expenditure problems," SERIEs, Spanish Economic Association, vol. 2(3), pages 401-421, September.
    2. Tyler Cowen, 1996. "Why I do not believe in the cost-disease," Journal of Cultural Economics, Springer, vol. 20(3), pages 207-214, September.

  34. Baumol, William J, et al, 1973. "Efficiency of Corporate Investment: A Reply," The Review of Economics and Statistics, MIT Press, vol. 55(1), pages 128-31, February.

    Cited by:

    1. Dennis C. Mueller & B. Burcin Yurtoglu, 2000. "Country Legal Environments and Corporate Investment Performance," German Economic Review, Verein für Socialpolitik, vol. 1(2), pages 187-220, 05.

  35. Baumol, William J, 1972. "Macroeconomics of Unbalanced Growth: Reply," American Economic Review, American Economic Association, vol. 62(1), pages 150, March.

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    1. Markus Diehl, 2000. "Globalisation and Employment in the EU Electrical Industry: A Case Study with Emphasis on Germany," Kiel Working Papers 1005, Kiel Institute for the World Economy.
    2. Nicholas Oulton, 2000. "Must the growth rate decline? Baumol's unbalanced growth revisited," Bank of England working papers 107, Bank of England.
    3. Groot, H.L.F. de, 1998. "The Determination and Development of Sectoral Structure," Discussion Paper 1998-125, Tilburg University, Center for Economic Research.
    4. Agbonyitor, Albert D. K., 1998. "Development expenditures and the local financing constraint," Policy Research Working Paper Series 1907, The World Bank.
    5. Jochen Hartwig, 2006. "What Drives Health Care Expenditure? Baumol’s Model of ‘Unbalanced Growth’ Revisited," KOF Working papers 06-133, KOF Swiss Economic Institute, ETH Zurich.
    6. Sanjay Hansda, 2005. "Sustainability of Services-Led Growth: An Input Output Exploration of the Indian Economy," GE, Growth, Math methods 0512009, EconWPA.
    7. Margarida Duarte & Diego Restuccia, 2007. "The Role of the Structural Transformation in Aggregate Productivity," Working Papers tecipa-300, University of Toronto, Department of Economics.
    8. Martin Paldam & Erich Gundlach, 2007. "Two Views on Institutions and Development: The Grand Transition vs. the Primacy of Institutions," Kiel Working Papers 1315, Kiel Institute for the World Economy.
    9. Lindbeck, Assar, 2008. "Prospects for the Welfare State," Seminar Papers 755, Stockholm University, Institute for International Economic Studies.
    10. Spilimbergo, Antonio, 1998. "Deindustrialization and Trade," Review of International Economics, Wiley Blackwell, vol. 6(3), pages 450-60, August.
    11. Silva, Ester G. & Teixeira, Aurora A.C., 2008. "Surveying structural change: Seminal contributions and a bibliometric account," Structural Change and Economic Dynamics, Elsevier, vol. 19(4), pages 273-300, December.
    12. David Paton & Donald S. Siegel & Leighton Vaughan Williams, 2004. "Productivity Measurement in a Service Industry: Plant-Level Evidence from Gambling Establishments in the United Kingdom," Rensselaer Working Papers in Economics 0413, Rensselaer Polytechnic Institute, Department of Economics.
    13. Raiser, Martin & Schaffer, Mark & Schuchardt, Johannes, 2003. "Benchmarking Structural Change in Transition," IZA Discussion Papers 727, Institute for the Study of Labor (IZA).
    14. Ismael Sanz & Francisco Javier Velázquez, 2002. "Determinants of the Composition of Government Expenditure by Functions," European Economy Group Working Papers 13, European Economy Group.
    15. L. Rachel Ngai & Christopher A. Pissarides, 2004. "Balanced Growth With Structural Change," CEP Discussion Papers dp0627, Centre for Economic Performance, LSE.
    16. Lankhuizen, Maureen, 2000. "Shifts in foreign trade, competitiveness and growth potential: from Baltics to 'Bal-techs'?," Research Policy, Elsevier, vol. 29(1), pages 9-29, January.
    17. Bachmann, Ronald & Burda, Michael C, 2007. "Sectoral Transformation, Turbulence, and Labour Market Dynamics in Germany," CEPR Discussion Papers 6226, C.E.P.R. Discussion Papers.
    18. Robert B. Archibald & David H. Feldman, 2006. "Explaining Increases in Higher Education Costs," Working Papers 42, Department of Economics, College of William and Mary.
    19. Assar Lindbeck, 2002. "Changing Tides for the Welfare State - An Essay," CESifo Working Paper Series 645, CESifo Group Munich.
    20. Lindbeck, Assar, 2006. "The Welfare State -- Background, Achievements, Problems," Working Paper Series 662, Research Institute of Industrial Economics.
    21. Klaus Desmet & Esteban Rossi-Hansberg, 2007. "Spatial Growth and Industry Age," NBER Working Papers 13302, National Bureau of Economic Research, Inc.
    22. Schettkat, Ronald, 2003. "Institutions in the Economic Fitness Landscape: What Impact Do Welfare State Institutions Have on Economic Performance?," IZA Discussion Papers 696, Institute for the Study of Labor (IZA).
    23. Henri L.F.M. de Groot & Cees A. Withagen & Zhou Minliang, 2001. "Dynamics of China's Regional Development and Pollution," Tinbergen Institute Discussion Papers 01-036/3, Tinbergen Institute.
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    26. Antonello D’Agostino & Roberta Serafini & Melanie Ward-Warmedinger, 2006. "Sectoral explanations of employment in Europe - the role of services," Working Paper Series 625, European Central Bank.
    27. Reis, Ana Balcao & Sequeira, Tiago Neves, 2004. "Human Capital Composition, R&D and the Increasing Role of Services," FEUNL Working Paper Series wp456, Universidade Nova de Lisboa, Faculdade de Economia.
    28. Gersbach, Hans, 2003. "Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects," CEPR Discussion Papers 4043, C.E.P.R. Discussion Papers.
    29. Kox, Henk L.M. & Rubalcaba, Luis, 2007. "Business services and the changing structure of European economic growth," MPRA Paper 3750, University Library of Munich, Germany.
    30. Vladimir Klyuev, 2004. "Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation," IMF Working Papers 04/207, International Monetary Fund.
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    35. Benito Arrunada, . "Catholic Confessions of Sin as Third Party Moral Enforcement," Gruter Institute Working Papers on Law, Economics, and Evolutionary Biology 3-1-1013, Berkeley Electronic Press.
    36. Carlos Frederico Leão Rocha, 2003. "Heterogeneidade Estrutural, Composição Setorial e Tamanho de Empresa nos Anos 90," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31th Brazilian Economics Meeting] d57, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
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    49. Erkki Koskela & Matti Virén, 2000. "Is There a Laffer Curve Between Aggregate Output and Public Sector Employment," Discussion Papers 737, The Research Institute of the Finnish Economy.
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    53. Pascal Petit, 1999. "Sectoral Patterns of Distribution in Slowly Growing Economies: The case of nine OECD countries in the 1980s and 1990s," International Review of Applied Economics, Taylor and Francis Journals, vol. 13(3), pages 333-351.
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    55. Lindbeck, Assar, 2002. "The European Social Model: Lessons for Developing Countries," Working Paper Series 581, Research Institute of Industrial Economics.
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    60. Messina, Julian, 2003. "Sectoral Structure and Entry Regulations," Royal Economic Society Annual Conference 2003 154, Royal Economic Society.
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    63. James A. Kahn, 2008. "What drives housing prices?," Staff Reports 345, Federal Reserve Bank of New York.
    64. Lindbeck, Assar, 2001. "Changing Tides For The Welfare State," Seminar Papers 694, Stockholm University, Institute for International Economic Studies.
    65. David Mayston, . "Accounting, Information and the Development of Evidence-Based Resourcing Strategies in Education," Discussion Papers 00/47, Department of Economics, University of York.
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    68. Groezen, B.J.A.M. van & Meijdam, A.C. & Verbon, H.A.A., 2002. "General-Equilibrium Effects of Privatisation: The Missing Piece in Social Security Reform," Discussion Paper 2002-24, Tilburg University, Center for Economic Research.
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    70. Louis M. Imbeau & François Pétry & Jean Crête & Geneviève Tellier & Michel Clavet, 2001. "Measuring Government Growth in the Canadian Provinces: Decomposing Real Growth and Deflator Effects," Canadian Public Policy, University of Toronto Press, vol. 27(1), pages 39-52, March.
    71. Eliasson, Gunnar & Henrekson, Magnus, 2003. "William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship," Working Paper Series in Economics and Finance 532, Stockholm School of Economics.
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    83. Carolina Castaldi & Giovanni Dosi, 2008. "Technical Change and Economic Growth: Some Lessons from Secular Patterns and Some Conjectures on the Current Impact of ICT Technology," LEM Papers Series 2008/01, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
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    88. Enrique R. Casares, 2007. "Productivity, Structural Change in Employment and Economic Growth," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 22(2), pages 335-355.
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    3. Avichai Snir & Daniel Levy, 2005. "Abracadabra! Social Norms and Public Perceptions through Harry Potter’s Looking Glasses," Emory Economics 0528, Department of Economics, Emory University (Atlanta).

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    7. Eklund, Johan E., 2007. "Corporate Governance and Investments in Scandinavia - ownership concentration and dual-class equity structure," Working Paper Series in Economics and Institutions of Innovation 98, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.

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Chapters

  1. William J. Baumol, 2005. "Education for Innovation: Entrepreneurial Breakthroughs Versus Corporate Incremental Improvements," NBER Chapters, in: Innovation Policy and the Economy, Volume 5, pages 33-56 National Bureau of Economic Research, Inc.

    Cited by:

    1. Estrin, Saul & Korosteleva, Julia & Mickiewicz, Tomasz, 2011. "Which Institutions Encourage Entrepreneurs to Create Larger Firms?," IZA Discussion Papers 5481, Institute for the Study of Labor (IZA).
    2. Stuetzer, Michael & Obschonka, Martin & Schmitt-Rodermund, Eva, 2012. "Balanced skills among nascent entrepreneurs," MPRA Paper 37524, University Library of Munich, Germany.

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