IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Wettbewerbsfähigkeit und Dynamik institutioneller Standortbedingungen: Ein empirischer Test des „Varieties-of-Capitalism“-Ansatzes

Listed author(s):
  • Mihai Paunescu
  • Martin Schneider
Registered author(s):

    Hall / Soskice (2001) distinguish economies by the institutional arrangements into which companies are embedded, and they predict industry-specific compara-tive advantages: Liberal market economies (LMEs) such as the U.S. will hold advantages in high-tech industries; coordinated market economies (CMEs) such as Germany will hold advantages in medium high-tech industries. We test this theory on data for 26 OECD countries. In cluster analyses, the two varieties of capitalism are affirmed. Liberal market economies specialize in high-tech indus-tries, and coordinated market economies in medium high-tech industries, as pre-dicted. In addition to the two varieties of capitalism, however, we identify as ad-ditional clusters the Mediterranean and the eastern European countries, and we find Japan as a special case. Moreover, the clusters cannot be considered as sta-ble: From 1990 to 1999, a number of countries moves, in terms of their institu-tional arrangements, toward the liberal market model.

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Article provided by Duncker & Humblot, Berlin in its journal Schmollers Jahrbuch.

    Volume (Year): 124 (2004)
    Issue (Month): 1 ()
    Pages: 31-59

    in new window

    Handle: RePEc:aeq:aeqsjb:v124_y2004_i1_q1_p31-59
    Contact details of provider: Web page:

    Order Information: Web: Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:aeq:aeqsjb:v124_y2004_i1_q1_p31-59. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gabriele Freudenmann)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.