This paper use Swedish establishment-level panel data on job turnover and wages to test the hypothesis of a positive relation between job reallocation and degree of wage compression as proposed by Bertola & Rogerson (1997). The effect of wage dispersion on job turnover is negative and significant in the manufacturing sector. The wage compression effect is stronger on job destruction than on job...

Introduction. In 1994, Martin Bangemann, then Vice-President of the European Commission, gathered a group of high level industrialists to try and formulate a strategy for a European way to the Information Society. The group gave clear indications: leave to the private sector a leading role for infrastructure, applications and content. The public sector has to facilitate the transformation of in...

We study the possibility for international diversi cation of catastrophe risk by the insurance sector. Adopting the argument that large insurance losses may be a `globalizing factor' for the industry, we study the dependence of geographically distant insurance markets via equity returns. In particular, we employ conditional copula theory to model the bivariate dependence of the insurance indust...

1. Introduction By any measure, the communication sector is important. The combined revenues of the U.S. telephone and postal industries are larger than military spending for that country, and almost three times higher than the revenues of the airline industry. (Table 1, taken from Odlyzko (2000), gives further comparisons.) The sector has been expanding for many centuries. The postal service a...

In this paper, we examine the effects of various industrial policies on the Korean economy using a dynamic general equilibrium model. We consider industria1 policies such as corporate income tax and subsidy as well as R&D subsidy policy. In the model we classify household sector into 10 income groups and classify production sector into 38 industries. In particular we distinguish the parts and m...

The theme of this conference, ‘New Days, New Ways’ is very appropriate and timely given the nature of the challenges currently facing the Australian Public Service (APS). It could be argued that the APS has been steadily evolving towards a more private sector orientation over the last decade or so more so recently as a consequence of the momentum of the National Competition Policy reforms See I...

Information technology is an important emerging sector of the Indian economy. The Government of India has identified IT industry as one of the major industries in India and it plays an important role in achieving the policy objectives like economic development. The IT industry has mellowed over the years andhas emerged to be a chief contributor to the globaleconomic growth. The IT sector, const...

In its foray into the global economy through policy led liberalization in the 1990s, the Indian economy has been able to capitalize on the opportunities for production in the Information Technology sector. Within this sector, much of the growth has been in the export oriented software and back office services production (Heeks, 1996, 1998). As estimated in 2001 -02 the share of software exports...

This paper reports on the results of a study carried out in the Turkish machinery industry. The purpose of the study was to identify the benefits the sector can seize from e-business and to develop a conceptual framework for potential e-business applications. We analysed the current state of e-business use in the machinery industry in order to understand the future requirements and application ...

Industrial structure is one of the main factors that determine energy consumption. Based on China’s energy consumption in 2015 and the goals in 13th Five-Year Plan for Economic and Social Development of the People’s Republic of China (The 13th Five-Year Plan), this paper established an input–output fuzzy multi-objective optimization model to estimate the potential impacts of China’s industrial ...