Publikationer

This paper deals with the physical location of firms although other interpretations are also possible. It is a well-known fact that firms in certain industries tend to cluster. However, since you woul…

The paper addresses the question whether current tariffs for telecommunications services provided by the Swedish telecommunications company, Televerket (TVT), are optimal, second-best "Ramsey" prices.…

Working Paper No. 256 is published as "The Knowledge Based Information Economy" (authors: Gunnar Eliasson, Stefan Fölster, Thomas Lindberg, Tomas Pousette and Erol Taymaz). Stockholm: Industrial Insti…

This paper describes how large, typically multi-technology corporations build up and exploit their technological capability by purchasing small, technology-based firms in order to acquire their techno…

International Financial Integration discusses the importance and the implications of this particular type of integration and then looks at the most important problems connected with measuring it. Diff…

Industriens Utredningsinstitut (IUI) har under en stor del av sin 50-åriga tillvaro varit Sveriges enda privatfinansierade forskningsinstitut inom samhällsvetenskapen, det största och under långa tide…

This book is an outcome of a joint project by The Nordic Perspective Group, formed by four Nordic research institutions: ETLA in Helsinki, IFF in Copenhagen, IUI in Stockholm and NØI in Bergen. The N…

Vad bestämmer hur mycket vi arbetar och hur vi använder vår fritid? Hur väljer vi mellan olika bostadsformer? Hur många barn föds i Sverige? Hur skiljer sig kvinnors och mäns arbete och fritid? Hur st…

EG 1992 har starkt påverkat företagens förväntningar och planer om den framtida lokaliseringen av produktionen. Denna studie baseras på en omfattande enkät. samt intervjuer med 40 stora svenska indust…

The implications of the knowledge-based information economy are studied conceptually and statistically. Innovation, economic coordination, and diffusion of knowledge are found to be dominant resource-…

It was early noted that the Phillips Curve explanation of wage dynamics lacks a solid microeconomic basis. As the explanatory unemployment variable in the Phillips relation is intuitively to be regard…

Firms having significant shareholdings in one another is not an unusual phenomenon in countries where the law admits such ownership arrangements, like Sweden and Japan. In this paper the role of cross…

This paper studies the relative importance of tax incentives as merger motives in the Swedish industry during the period 1983-1987. Several econometric models are estimated and statistical tests perfo…

A general method is described which allows a production activity to be analyzed by means of input data only. According to duality theory, the input cost shares can be completely specified without any…

State subsidies to R & D or innovative investments in firms are organized in many different ways. Examples from the plethora of extant subsidy instruments are tax incentives, grants to researchers…

Over the course of the last 10 or 15 years there appears to be taking place a fundamental shift in the "industrial paradigm" governing the nature of competition in advanced industrial markets. Among t…

This paper reviews a growing literature investigating how economic agents may learn rational expectations. Fully rational learning requires implausible initial information assumptions, therefore some…

In a market with information costs, i.e., a search market, the equilibrium formation of prices and outputs will differ significantly from that of a purely competitive market. The equilibrium will be e…

To efficiently realize a specified goal in a distributive fashion, there needs to be an appropriate "division of labor." This is true for distributive algorithms that take advantage of the concurrent…

This paper studies the effects of the Swedish investment funds system (IF) on the cost of capital. It is shown that the incentive effects critically depend on which "regime" the firm is in when the fu…

State subsidies to R & D or innovative investments in firms are organized in many different ways. Examples from the plethora of extant subsidy instruments are tax incentives, grants to researchers…

Sweden has for a long time spent large resources on labor market policies targeted to the unemployed. In the Anglo-Saxon labor economics literature new methods have been developed for the purpose of e…

Stylized facts indicate that small firms are responsible for a disproportionate share of innovative research. There are many possible explanations for this facto The paper seeks to understand this phe…

This paper utilizes data from a Swedish household survey for 1984 (The HUS data) in combination with data on public daycare fees and spaces per child by community. We argue that the subsidy rate and a…

To assess the merits of the market for corporate control, this paper examines two processes which standard analysis does not study: the allocation of economic competence and the evolution of organizat…

The lead theme of this essay asserts that a model of economic growth has to be explicit about the market dynamics of firm behavior. Firm dynamics originates in innovative behavior and in the price and…

This paper is concerned with ownership organization in the process of industrial growth and transformation. It stresses the difficulties of changing an established and successful pattern of behavior.…

When firms possess unique R & D assets such as ideas or particular researchers, and there are aggregate increasing returns to scale in R & D, then there can be several Nash equilibria involvin…

Bounded rationality provides a fundamental economic explanation for non-rational modes of behavior. These non-rational modes underlie both the erratic perturbations of entrepreneurship and the systema…

This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on failures in markets for the sale of equity securities and hence on the failure of marke…