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  • 1.
    Abdullahi, Abdi Isamail
    Södertörn University, School of Social Sciences, Economics.
    Does Export Diversification Boosts Economic Growth in Sub SaharanAfrica Countries?2017Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    Growth induced export has become a major concern for policy makers to transform and upgrade the export composition to achieve economic growth objectives; in this respect, export diversification become at the heart of growth induced export narrative. Nevertheless, this study attempts to find relationship between export diversification and economic growth. To investigate this relationship, a cross-section method is used with averaged data from the period 1991 to 2009 of 41 sub Saharan Africa countries; moreover, diagnostic tests were conducted to ensure the robustness of the model. The empirical result of this study shows positive correlation between export diversification and economic growth which can be concluded that export diversification promotes economic growth.

  • 2.
    Allan, Kadir
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Gemvall, Maria
    Södertörn University, School of Social Sciences, Economics.
    En empirisk granskning av korrelationen mellan handelsliberalism och ekonomisk tillväxt: Finns ett samband mellan handelsliberalism och ekonomisk tillväxt i länder i Mellanöstern & Asien?2017Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    The purpose of the thesis has been to investigate whether there is a link between trade liberalism and economic growth in the Asian countries. Previous research has pointed out that correlation exists between these variables, but there have also been other researchers who criticized such a relationship. We discovered that economic growth studies had previously been conducted where countries in Asia were included. This motivated us to carry out our study as our research hopefully helps to replenish existing knowledge gap. In the study, we have used cross-sectional regression analysis for 30 Asian countries where data were collected for 1990-2000. Our dependent variable in our regression is average GDP per capita, which also defines growth. We have used two independent variables as main variables, trade volume and economic freedom index. Our analysis shows that the majority of the variables in the study have a positive significant relation to economic growth.

    Keywords: economic growth, trade liberalism, trade, GDP / capita, EFI, direct investment, import, export.

  • 3.
    Bali Swain, Ranjula
    Södertörn University, School of Social Sciences, Economics.
    A Critical Analysis of the Sustainable Development Goals2018In: Handbook of Sustainability Science and Research / [ed] Leal Filho, Walter, Cham: Springer, 2018, p. 341-356Chapter in book (Refereed)
    Abstract [en]

    The ambitious UN-adopted sustainable development goals (SDGs) have been criticized for being inconsistent, difficult to quantify, implement and monitor. Disparaging analysis suggests that there exists a potential inconsistency in the SDGs, particularly between the socio-economic development and the environmental sustainability goals. Critiques also raise questions on the measurability and monitoring of the broadly framed SDGs. The goals are non-binding, with each country being expected to create their own national or regional plans. Moreover, the source(s) and the extent of the financial resources and investments for the SDGs are ambiguous. This chapter quantifies and examines the inconsistencies of the SDGs. It further inspects which of the underlying social, economic or environmental pillars are that most effective for achieving sustainable development. Analyses of the data reveal that the developed countries need to remain focused on their social and environmental policies. The developing countries, on the other hand, are better off being focused on their economics and social policies in the short run, even though environmental policies remain significant for sustainable development.

  • 4.
    Bali Swain, Ranjula
    Södertörn University, School of Social Sciences, Economics.
    Environmental Challenges in the Baltic Region: A Perspective from Economics2017Collection (editor) (Refereed)
  • 5.
    Bali Swain, Ranjula
    Södertörn University, School of Social Sciences, Economics. Stockholm School of Economics / Uppala University / Solvay Brussels School of Economics and Management.
    Environmental Challenges in the Baltic Region: An Introduction2017In: Environmental Challenges in the Baltic Region: A Perspective from Economics / [ed] Bali Swain, Ranjula, Basingstoke: Palgrave Macmillan, 2017, p. 1-3Chapter in book (Refereed)
  • 6.
    Bali Swain, Ranjula
    et al.
    Södertörn University, School of Social Sciences, Economics. Stockholm School of Economics.
    Wallentin, Fan Yang
    Uppsala University.
    The impact of microfinance on factors empowering women: Differences in regional and delivery mechanisms in India’s SHG programme2017In: Journal of Development Studies, ISSN 0022-0388, E-ISSN 1743-9140, Vol. 53, no 5, p. 684-699Article in journal (Refereed)
    Abstract [en]

    We examine how the impact on women empowerment varies with respect to the location and type of group linkage of the respondent. Using household survey data from five states in India, we correct for selection bias to estimate a structural equation model. Our results reveal that in the southern states of India empowerment of women takes place through economic factors. For the other states, we find a significant correlation between women empowerment and autonomy in women’s decision-making and network, communication and political participation respectively. We do not however find any differential causal impact of different delivery methods (linkage models).

  • 7.
    Bergman, Mats
    Södertörn University, School of Social Sciences, Economics.
    Svensk marknads- och konkurrenspolitik2014In: Marknad och politik / [ed] Lars Hultkrantz och Hans Tson Söderström, Lund: Studentlitteratur , 2014, 11.[omarb.], p. 253-289Chapter in book (Other academic)
  • 8.
    Bergman, Mats
    Södertörn University, School of Social Sciences, Economics.
    Upphandling och kundval av välfärdstjänster: en teoribakgrund2013Book (Other academic)
    Abstract [sv]

    Upphandling och kundval av välfärdstjänster och hur dessa bör utformas diskuteras utifrån ett teoretiskt och generellt ekonomiskt perspektiv, med fokus på entreprenader. Insikter ger den nationalekonomiska forskningen om hur upphandling och kundval kan förväntas fungera på marknader som dessa sammanfattas. Metoder för val av leverantör och kontraktsmodeller som är mer ändamålsenliga än andra beskrivs. Valet mellan upphandling och kundval diskuteras.

  • 9.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Coate, Malcom B.
    Mai Thi Van, Anh
    Södertörn University, School of Social Sciences, Economics.
    Ulrick, Shawn W.
    Does Merger Policy Converge After the 2004 European Union Reform?Manuscript (preprint) (Other academic)
  • 10.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics. HUI Research.
    Granlund, D.
    Umeå University.
    Rudholm, N.
    HUI Research / Dalarna University.
    Reforming the Swedish pharmaceuticals market: consequences for costs per defined daily dose2016In: International Journal of Health Economics and Management, ISSN 2199-9023, E-ISSN 2199-9031, Vol. 16, no 3, p. 201-214Article in journal (Refereed)
    Abstract [en]

    In 2009 and 2010, the Swedish pharmaceuticals market was reformed. One of the stated policy goals was to achieve low costs for pharmaceutical products dispensed in Sweden. We use price and sales data for off-patent brand-name and generic pharmaceuticals to estimate a log-linear regression model, allowing us to assess how the policy changes affected the cost per defined daily dose. The estimated effect is an 18 % cost reduction per defined daily dose at the retail level and a 34 % reduction in the prices at the wholesale level (pharmacies’ purchase prices). The empirical results suggest that the cost reductions were caused by the introduction of a price cap, an obligation to dispense the lowest-cost generic substitute available in the whole Swedish market, and the introduction of well-defined exchange groups. The reforms thus reduced the cost per defined daily dose for consumers while being advantageous also for the pharmacies, who saw their retail margins increase. However, pharmaceutical firms supplying off-patent pharmaceuticals experienced a clear reduction in the price received for their products.

  • 11.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Granlund, D.
    Umeå universitet.
    Rudholm, N.
    HUI Research / Högskolan Dalarna.
    Squeezing the Last Drop Out of Your Suppliers: An Empirical Study of Market-Based Purchasing Policies for Generic Pharmaceuticals2017In: Oxford Bulletin of Economics and Statistics, ISSN 0305-9049, E-ISSN 1468-0084, Vol. 79, no 6, p. 969-996Article in journal (Refereed)
    Abstract [en]

    We study the effect of the degree of exclusivity for the lowest bidder on the average price of generic pharmaceuticals in the short and long terms. Our results indicate that a 1-percentage-point gain in market share of the lowest bidder reduces average costs by 0.2% in the short term and 0.8% in the long term, but also reduces the number of firms by 1%. We find that reducing the number of firms has a strong positive (and hence counteracting) effect on average prices, a 1% reduction raising prices by approximately 1%.

  • 12.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Johansson, P.
    Uppsala University.
    Lundberg, S.
    Umeå University.
    Spagnolo, G.
    Stockholm School of Economics / University of Rome ‘Tor Vergata’, Italy.
    Privatization and quality: Evidence from elderly care in Sweden2016In: Journal of Health Economics, ISSN 0167-6296, E-ISSN 1879-1646, Vol. 49, p. 109-119Article in journal (Refereed)
    Abstract [en]

    Non-contractible quality dimensions are at risk of degradation when the provision of public services is privatized. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with increased competition. We assemble a large data set on elderly care services in Sweden between 1990 and 2009 and estimate how opening to private provision affected mortality rates – an important and not easily contractible quality dimension – using a difference-in-difference-in-difference approach. The results indicate that privatization and the associated increase in competition significantly improved non-contractible quality as measured by mortality rates. © 2016

  • 13.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Lundberg, Johan
    Umeå university.
    Lundberg, Sofia
    Umeå university.
    Stake, Johan Y.
    Södertörn University, School of Social Sciences, Economics.
    Using spatial econometrics to test for collusive behavior in procurement auction dataManuscript (preprint) (Other academic)
  • 14.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Lundberg, Sofia
    Umeå University.
    Tender evaluation and supplier selection methods in public procurement2013In: Journal of Purchasing and Supply Management, ISSN 1478-4092, E-ISSN 1873-6505, Vol. 19, no 2, p. 73-83Article in journal (Refereed)
    Abstract [en]

    The EU procurement directives stipulate that public contracts be awarded to the lowest bidder or to the bidder with the economically most advantageous tender; the latter requiring that a scoring rule be specified. We provide a simple theoretical framework, based on standard microeconomic theory, for tender evaluation (scoring and weighing) and discuss the pros and cons of methods such as highest quality (beauty contest), lowest price and price-and-quality-based evaluations. We argue that the most common method, price-to-quality scoring, is inappropriate for several reasons. It is non-transparent, making accurate representation of the procurer's preferences difficult. It is often open to strategic manipulation, due to dependence on irrelevant alternatives, and it tends to impose particular and unjustified non-linearity in bid prices. The alternative quality-to-price scoring method, where money values are assigned to different quality levels, is a better alternative. However, when the cost of quality is relatively well-known and several providers can offer optimal quality, lowest price is the preferable supplier selection method, while beauty contests may be preferred when purchasing budgets are inflexible.

  • 15.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Mai, Anh
    Södertörn University, School of Social Sciences, Economics.
    Accountable Regulators - To Whom?: A Survey-Based Analysis of National Regulatory Authorities' GovernanceManuscript (preprint) (Other academic)
  • 16.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Mai, Anh
    Södertörn University, School of Social Sciences, Economics.
    Regulatory accounability, power sharing and corruptionManuscript (preprint) (Other academic)
  • 17.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Stake, Johan Y.
    Södertörn University, School of Social Sciences, Economics.
    Bid distribution and transaction costsIn: Journal of Applied Economics, ISSN 1514-0326, E-ISSN 1667-6726Article in journal (Other academic)
  • 18.
    Bergman, Mats
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Felländer, Anna
    KTH.
    Åsbrink, Erik
    Handelns betydelse: då, nu och i framtiden2017Report (Other (popular science, discussion, etc.))
  • 19.
    Bergman, Mats
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Jordahl, Henrik
    Institutet för näringslivsforskning.
    Goda år på ålderns höst?: En ESO-rapport om konkurrens i äldreomsorgen2014Report (Other academic)
  • 20.
    Bergman, Mats
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Lundberg, Sofia
    Umeå universitet, Umeå University.
    Sourcing for government goods and services: Theory and evidence from Swedish Cities and Municipalities2013In: Charting a Course in Public Procurement Innovation and Knowledge Sharing / [ed] Gian Luigi Albano, Keith F. Snider and Khi V. Thai, Boca Raton, Florida: PrAcademics Press , 2013Chapter in book (Refereed)
    Abstract [en]

    Departing from a simple normative theory for the choice between lowest price, highest quality (beauty contest) and more complex scoring rules, we empirically investigate the behavior of cities and authorities. We survey a gross sample of 40 procuring entities about perceived key characteristics of products bought in 650 public procurements and collect data on award methods for these procurements. We compare actual scoring rules against the theoretical norms and analyze what product characteristics make deviation from the norm more or less likely. In addition, a control group of 100 authorities was surveyed about similar but hypothetical procurements. We find that more complex scoring rules are used more often when framework agreements are procured and less so when the procuring authority reports that they experience significant uncertainty about the delivered quality. Low weight given to price in the bid award process is associated with low perceived uncertainty concerning delivered quality.

  • 21.
    Bergman, Mats
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Lundberg, Sofia
    Umeå universitet.
    Tendering Design when Price and Quality Is Uncertain: Theory and Evidence from Public Procurement2014Report (Other academic)
    Abstract [en]

    Departing from a simple normative theory for the choice between lowest price, highest quality (beauty contest) and more complex scoring rules, we empirically investigate the behavior of local and central authorities. We survey a gross sample of 40 contracting entities about perceived key characteristics of products bought in 651 public procurements and collect data on supplier selection methods for these procurements. We compare actual scoring rules with theoretical norms and analyze what product characteristics make deviation from the norm more or less likely. In addition, a control group of 275 authorities was surveyed about similar but hypothetical procurements. We find that more complex scoring rules are used more often when the authority is uncertain about costs and about delivered quality, in accordance with our hypotheses. However, authority effects are also found to directly and indirectly influence the choice of supplier-selection method, suggesting that tendering design is partially driven by local habits or institutional inertia.

  • 22.
    Bergman, Mats
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Rudholm, Niklas
    Högskolan Dalarna.
    Granlund, David
    Umeå universitet.
    Reforming the Swedish pharmaceuticals market: Consequences for costs per defineddaily dose2014Report (Other academic)
    Abstract [en]

    In 2009, the Swedish pharmaceuticals market was reformed. One of the stated policygoals was to achieve low costs for pharmaceutical products dispensed in Sweden.

    Prices and sales data for off-patent brand-name and generic pharmaceuticals have beencollected, and a log-linear regression model was used to estimate how the policy changes affected thecost per defined daily dose.

    The estimated effect is a 19 percent cost reduction per defined daily dose at the retail leveland a 35 percent reduction in the prices at the wholesale level (pharmacies' purchase prices). Theempirical results suggest that half of the retail-level price reduction is due to the introduction of a pricecap for products going off patent and half is due to other components of the reform. Measured at thewholesale level the latter effect is larger than the former.

    The reforms reduced the cost per defined daily dose for consumers while beingadvantageous also for the pharmacies, who saw their retail margins increase due to the reform.However, pharmaceutical firms supplying off-patent pharmaceuticals experienced a clear reduction inthe price received for their products.

  • 23.
    Bergman, Mats
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Stake, Johan Y.
    Södertörn University, School of Social Sciences, Economics.
    The anatomy of public procurement in SwedenManuscript (preprint) (Other academic)
  • 24.
    Bjuggren, P. -O
    et al.
    Jönköping University / Ratio Institute.
    Nordström, L.
    Jönköping University.
    Palmberg, Johanna
    Södertörn University, School of Social Sciences, Economics. Swedish Entrepreneurship Forum.
    Are female leaders more efficient in family firms than in non-family firms?2018In: Corporate Governance : The International Journal of Effective Board Performance, ISSN 1472-0701, E-ISSN 1758-6054, Vol. 18, no 2, p. 185-205Article in journal (Refereed)
    Abstract [en]

    Purpose: The aim of this study is to investigate whether female leaders are more efficient in family firms than in non-family firms. Design/methodology/approach: This paper uses a unique database of ownership and leadership in private Swedish firms that makes it possible to analyze differences in firm performance due to female leadership in family and non-family firms. The analysis is based on survey data merged with micro-level data on Swedish firms. Only firms with five or more employees are included in the analysis. The sample contains more than 1,000 firms. Findings: The descriptive statistics show that there are many more male than female corporate leaders. However, the regression analysis indicates that female leadership has a much more positive impact on the performance of family firms than on that for non-family firms, where the effect is ambiguous. Originality/value: Comparative studies examining the impact of female leadership on firm-level performance in family and non-family firms are rare, and those that exist are most often either qualitative or focused on large, listed firms. By investigating the role of female directors in family and non-family firms, the study adds to the literature on management, corporate governance and family firms.

  • 25.
    Bladh, Sandra
    Södertörn University, School of Social Sciences, Economics.
    Firm innovation and productivity: A regional analysis2017Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    This thesis studies the effect of innovation activities and productivity by using the CDM-model and extend the existing knowledge by using the CIS-dataset in combination with official statistics performing a such detailed regional analysis that have not been done before. By using the different labour market codes interacted with the industry codes I can capture informative deviations between different industries in different regions. The results show a significant variation between the different regions and industries, and that the urban and metropolitan areas are more innovative and more productive than the rural areas. However, the financial sector and health sectors showed a steady innovation input activity across most regions while the metropolitan areas showed to invest less in innovation inputs in the real estate sector compered to rural and urban areas.

  • 26.
    Blomskog, Stig
    Södertörn University, School of Social Sciences, Economics.
    An Analysis of Permission Processes for Wind Power in Sweden2017In: Environmental Challenges in the Baltic Region: A Perspective from Economics / [ed] Bali Swain, Ranjula, Basingstoke: Palgrave Macmillan, 2017, p. 173-199Chapter in book (Refereed)
  • 27.
    Blomskog, Stig
    Södertörn University, School of Social Sciences, Economics.
    An evaluation of the weighting method in a gender-neutral job evaluation tool recommended by the International Labor Office (ILO)2015Report (Other academic)
    Abstract [en]

    Gender-neutral job evaluation has become a key method for confirming the presence of value discrimination when accounting for job-related factors such as required skills, responsibility levels, effort and working conditions, and for correcting for a gender-biased pay setting. However, this extensive use of gender-neutral job evaluation tools makes it important to examine the validity of these tools.

    The purpose of this report is to evaluate the validity of a weighting method stated in a gender-neutral job evaluation tool that is recommended by the International Labor Office (ILO). The purpose of the ILO tool is to function as a general and worldwide guideline for gender-neutral job evaluations. The evaluation starts from the basic validity requirement that a weighting method has to be based on a correct interpretation of the weights in additive value models, which are used as “measures” of the value of jobs. The conclusion of the evaluation is that the ILO weighting method does not fulfill this basic validity requirement. The conclusion is reached in the following way:

    First, I show that the meaning of the weights in additive value models is to determine so-called compensatory relations between job-related factors, which have an important impact on the results of job evaluations.

    Second, by analyzing the weighting instructions in the ILO tool, I find that this weighting method is based on so-called direct rating of the relative importance of the job-related factors.

    Third, I show that direct rating is based on an incorrect interpretation of the weights. Thus, users of the ILO tool will probably misinterpret the consequences of their weighting decisions. This, in turn, might give rise to a biased weighting, i.e. a weighting that the users would reject when they come to know the correct meaning of the weights.

  • 28.
    Bodin, Saskia
    Södertörn University, School of Social Sciences, Economics.
    WTO Membership and Trade: A Study of the Effect of China's WTO Accession on Chinese Trade2017Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    The remarkable development of China’s economy is often attributed to China’s accession to the WTO and the volume and value of world trade has increased dramatically since the creation of the GATT/WTO. Yet, the efficiency and relevance of the organization in increasing trade are questioned. This study provides an empirical examination of the impact of China’s WTO accession on the Chinese trade, based on country-level trade data during the period 1962-2014. Using the gravity model of trade and several estimation methods the results of this study suggest that China’s accession to the WTO has increased the Chinese trade with the member countries substantially. The findings are in line with theory and consistent with previous literature on the trade effect of China’s WTO accession. The study contributes to advance the knowledge of the WTO’s impact on trade flows in general and to the limited econometric literature on the effect of China’s WTO accession on Chinese trade in particular.

  • 29.
    Box, Marcus
    et al.
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Gratzer, Karl
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Lin, Xiang
    Södertörn University, School of Social Sciences, Economics.
    Företagsnedläggningar: Olika perspektiv och forskningsmetoder2018In: Insolvensrättslig tidskrift, ISSN 2002-6315, Vol. 3, no 1, p. 12-31Article in journal (Refereed)
    Abstract [sv]

    Uppsatsen redogör för förklaringar till företagsdödlighet i såväl offentliga utredningar som inom ekonomisk och sociologisk forskning och teoribildning. Två fundamentalt olika föreställningar om hur och varför företag beter sig på ett visst sätt har dominerat de flesta studier. Ett perspektiv förutsätter en central roll för företagsledningens beslutsfattande och kompetens. Ett andra och motsatt perspektiv ser företags beteenden bestämda av externa krafter över vilka företagsledningen saknar kontroll. De olika föreställningarna påverkar resultat och slutsatser inom forskningen och har också betydelse för utformningen av den ekonomiska politiken.

  • 30.
    Box, Marcus
    et al.
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Gratzer, Karl
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Lin, Xiang
    Södertörn University, School of Social Sciences, Economics. Södertörn University, School of Social Sciences, ENTER forum.
    Konkurs och konjunktur i Sverige 1830-20102016In: Insolvensrättslig Tidskrift, ISSN 2002-6315, no 1, p. 20-36Article in journal (Other academic)
    Abstract [sv]

    Ekonomer betraktar vanligtvis konkursutvecklingen som en konjunkturindikator och därmed beroende av förändringar på ekonomins efterfrågesida: konkurserna förväntas öka i tider av ekonomisk nedgång och minska under högkonjunkturer. Flertalet analyser är emellertid kortsiktiga. I denna uppsats presenterar vi ny och unik empiri där vi ana­lyserar det långsiktiga sambandet mellan konjunkturväxlingar och konkurser i Sverige mellan år 1830 och år 2010. I uppsatsen diskuteras också problem som kan uppstå i tolk­ningen av konkursstatistiken, både historiskt och i vår samtid. Den statistiska analysen visar att det delvis går att fastställa ett samband mellan makroekonomiska svängningar och förändringar i konkursmängden.

  • 31.
    Box, Marcus
    et al.
    Södertörn University, School of Social Sciences, Business Studies.
    Gratzer, Karl
    Södertörn University, School of Social Sciences, Business Studies.
    Lin, Xiang
    Södertörn University, School of Social Sciences, Economics.
    Linking Entrepreneurship and Economic Growth in Sweden, 1850–20002014Report (Other academic)
    Abstract [en]

    Entrepreneurship has gained increasing support from governments in recent decades. Entrepreneurship is considered to generate new jobs, innovations, and economic growth. In current research, a causal link between entrepreneurial activity and economic growth is maintained, where variations in entrepreneurship precede variations in economic output. Various models identify a positive effect entrepreneurship on economic development in advanced, innovation-driven economies in the most recent decades – a time when several Western countries transformed from ‘managed’ to ‘entrepreneurial’ economies.

    Self-employment is one of the most common indicators of entrepreneurship in both policy and research. The present study analyzes the relationship between growth in self-employment and economic growth in Sweden between 1850 and 2000. For the entire period (1851–2000), variations in self-employment had a significant, instantaneous positive correlation with GDP growth. Using Granger causality tests, the results in this study show that variations in self-employment did not granger-cause GDP growth. We discovered a structural break in GDP growth as early as in the year of 1948, which gives two different periods: 1851–1948 and 1949–2000.

    Between 1851 and 1948, Granger causality between self-employment and GDP in either (Granger) direction could not be established. For the other segment (1949–2000), GDP growth granger-caused self-employment growth, but not the other way around. Granger causality tests in the frequency domain show that for the period 1949–2000, but for no other periods, variations in self-employment lagged with GDP growth. Consequently, GDP growth preceded self-employment growth, but self-employment growth did not precede GDP growth.

    Given that self-employment is a suitable indicator for entrepreneurship, the empirical results in this study are, in several respects, in disagreement with dominating assumptions in mainstream entrepreneurship research.

  • 32.
    Box, Marcus
    et al.
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Gratzer, Karl
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Lin, Xiang
    Södertörn University, School of Social Sciences, Economics.
    New-Firm Survival in Sweden: New Methods and Results2017In: International Reveiw of Entrepreneurship, ISSN 2009-2822, no 4, article id 1567Article in journal (Refereed)
    Abstract [en]

    We analyse firm survival and focus on several levels of analysis (both firm level and macro-level). We employ a unique longitudinal data set, recorded at the firm-level and covering nine complete entry cohorts of Swedish companies. The companies were founded between 1899 and 1992, and each firm is followed over nearly a decade. We adopt the semi-parametric complementary log-log (cloglog) model. The main novelty of our approach is that, unlike extant studies so far, we are able to distinguish between the impact on the hazard rate of founding conditions and contemporaneous, post-entry conditions. Using our new approach we test several hypotheses derived from the Industrial Organization and Organizational Ecology literatures.

  • 33.
    Box, Marcus
    et al.
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Lin, Xiang
    Södertörn University, School of Social Sciences, Economics.
    Gratzer, Karl
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Is There a Relationship Between Entrepreneurship and Economic Growth?: The Case of Sweden, 1850-20002015Report (Other academic)
  • 34.
    Box, Marcus
    et al.
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Lin, Xiang
    Södertörn University, School of Social Sciences, Economics.
    Gratzer, Karl
    Södertörn University, School of Social Sciences, Business Studies. Södertörn University, School of Social Sciences, ENTER forum.
    Linking Entrepreneurship and Economic Growth in Sweden, 1850–20002016In: Contemporary Entrepreneurship: Multidisciplinary Perspectives on Innovation and Growth / [ed] Dieter Bögenhold, Jean Bonnet, Marcus Dejardin, Domingo Garcia Pérez de Lema, Cham: Springer, 2016, 1, p. 31-49Chapter in book (Refereed)
    Abstract [en]

    Recent developments in entrepreneurship suggest a causal link between entrepreneurial activity and economic growth: entrepreneurship precedes economic growth. A positive effect from entrepreneurship on economic development in advanced, innovation-driven economies in the most recent decades is often maintained. Self-employment is one of the most common indicators of entrepreneurship. The present study uses very long series of non-interrupted data on self-employment in Sweden (1850–2000). It analyzes the relationship between variations in self-employment and economic growth. For the entire period, variations in self-employment had a significant, instantaneous positive correlation with GDP growth. However, no causal relationship could be discovered: variations in self-employment did not (Granger) cause GDP growth. We discovered a structural break in GDP growth as early as in the year of 1948. Up until 1948, (Granger) causality between self-employment and GDP could not be established for any direction. For the other segment (1949–2000), GDP growth (Granger) caused self-employment growth, but not the other way around. For the period 1949–2000, but not for the previous period, selfemployment lagged with respect to GDP growth.  Consequently, GDP growth preceded self-employment growth, but self-employment growth did not precede GDP growth. Given that self-employment is a suitable indicator, the empirical results in this study are, in several respects, in disagreement with dominating assumptions in mainstream research.

  • 35.
    Brandsma, Nils
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Krönby, Olle
    Södertörn University, School of Social Sciences, Economics.
    Economic Inequality and Voting Participation2016Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    The following paper assesses a statistical relationship between Economic Inequality and

    Voting Participation among a sizable amount of nations across the world representing all

    continents. With an deductive approach, three theoretical standpoints of interest are

    presented: one that describes a negative, another inconclusive, and one with a positive

    relationship between the variables of interest. Through panel data analysis the study finds

    support in favour of a negative relationship in that as economic inequality rises, voting

    participation in parliamentary elections decreases.

  • 36. Carlsson, Kenny
    et al.
    Bergman, Mats
    Södertörn University, School of Social Sciences, Economics.
    Konkurrenslagen: en kommentar2015 (ed. 2)Book (Other academic)
  • 37.
    Cederborg, Jenny
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Snöbohm, Sara
    Södertörn University, School of Social Sciences, Economics.
    Is there a relationship between economic growth and carbon dioxide emissions?2016Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
  • 38.
    Danielsson, Asako
    Södertörn University, School of Social Sciences, Economics.
    Does an FTA have an impact on trade flows?: An empirical analysis of the FTA between the EU and South Korea2017Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    This bachelor thesis examines if a Free Trade Agreement (FTA hereafter) has a positive effect or not on trade flows. There are many FTAs in the world beside World Trade Organization (WTO hereafter) membership. Many empirical studies have been performed by different methods and most of them show a significant influence on trade flows. In this thesis the impact on the FTA between the European Union (EU hereafter) and South Korea is studied by using the Gravity Model in period between 2007 and 2016. Dummy variables which capture the impact on the implementation of the FTA since 2011 are constructed into the standard trade Gravity equation. In addition, several dummy variables, such as the distance between countries and culture characteristic variables are utilized.

    The results of two different regression models show that both a positive and a negative impact on the EU’s import from South Korea and a negative impact on South Korea’s import from the EU. Overall, all estimated coefficients used in the models show a significant effect on import trade flows between countries.

  • 39.
    Daunfeldt, Sven-Olof
    et al.
    Högskolan Dalarna / Handelns Utredningsinstitut.
    Gustavsson Tingvall, Patrik
    Södertörn University, School of Social Sciences, Economics. Ratio.
    Halvarsson, Daniel
    Ratio.
    Statliga innovationsstöd till små och medelstora företag: har de någon effekt?2016In: Ekonomisk Debatt, ISSN 0345-2646, Vol. 44, no 1, p. 6-19Article in journal (Other academic)
    Abstract [sv]

    Vi har under de senaste åren sett ett allt större intresse för innovationsdriven tillväxt. Några exempel på denna trend utgörs av EU:s tillväxtstrategi för perioden 2012-2020 (the Europe 2020 Strategy) där innovationer identifieras som nyckeln till framtida hållbar tillväxt. Ökade insatser på FoU förväntas leda till fler innovationer, stärkt konkurrenskraft, grönare tillväxt och även stärkt tålighet mot problemen som orsakats av finanskrisen (European Commission, 2013).

     Tanken på innovationsdriven tillväxt finns även i Sverige och det blir alltmer vanligt att beslutsfattare och forskare föreslår en mer aktiv roll för staten när det gäller att stimulera innovationer och företagstillväxt och ett vanligt förekoomande instrument är olika typer av direkt stöd riktat mot innovativ verksamhet.

    I syfte att studera om denna inriktning har ett empiriskt stöd analyserar vi effekterna av två selektiva företagsstöd, VINN NU och Forska & Väx, som båda riktas mot innovativa små och medelstora företag i Sverige. Den kontrafaktiska effektutvärderingen är möjlig genom tillgång till en unik mikrodatabas över utbetalda företagsstöd. Resultaten indikerar inga statistiskt säkerställda effekter av stöden på antal anställda, arbetskraftsproduktiviteten, omsättningstillväxten, andelen högutbildade arbetstagare eller andelen forskare efter det att stödperioden upphört. Vi finner således inget stöd för att riktade stöd till innovationsbenägna små – och mellanstora företag är en effektiv politik för att få fler växande företag.

  • 40.
    Dovrin, Therese
    Södertörn University, School of Social Sciences, Economics.
    Bistånd och dess effekt på den ekonomiska tillväxten i utvecklingsländer: En empirisk analys av sambandet mellan bistånd och ekonomisk tillväxt i utvecklingsländer2016Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
  • 41.
    Eriksson, Julia
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Jordeby, Julia
    Södertörn University, School of Social Sciences, Economics.
    Today's Credit Market - How to Avoid a House of Cards?: Austrian Full Reserves and the Chicago Plan as Alternatives to the Current Fractional Reserves2017Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Today’s household debt consists for the most part of credit money, and this general phenomenon does not only occur in Sweden. Money in the economy is mostly created by private banks, as much as 97 percent of the money in the United States, while central banks only create a very small share of all money. This is the reason for the oppressed household debt. During this period of high debt in Sweden, the household consumption has also increased in comparison to earlier years. The aim is to study and compare how the money supply in two different full-reserve systems, the Austrian through convertibility and the Chicago plan through quantity control, would reduce the household debt in relation to today’s fractional system.

    The method used in this study is a time series analysis where data of Sweden’s household debt, savings, money supply; M1 and M3, GDP, assets, currency reserves, gold reserves and interest rates has been collected for the years 2005-2013. These are further examined in three different equations. The data for all the variables was collected from SCB, IMF, Ekonomifakta and the World Data Bank. The first theory that is used in this study is Wicksell’s cumulative process which will explain how the money supply M3 affects household debt in today's fractional reserve system. The second theory is the Austrian Business Cycle Theory which will examine the money supply M1 effect on household debt through full reserves by convertibility control. The third theory is the Friedman rule, where the effect of household debt by money supply M1 will be examined. This rule explains how the Chicago Plan is affecting household debt through a full reserve system by quantity control.

    In the both systems, fractional reserves and full reserves, the debt will increase in this study. The result shows that with full reserves, the household debt would be backed by savings in comparison to fractional reserves, where household debt would be backed by credit money. Therefore, full reserves would contribute to a healthier economy in contrast to today’s fractional system. Since it would involve a large cost for Sweden to transcend to an Austrian system through convertibility, where price inertia would occur as well, the conclusion of this study is that the Chicago Plan, based on the quantity principle, is to prefer.

  • 42.
    Falk, Martin
    et al.
    Austrian Institute of Economic Research, WIFO, Austria.
    Lin, Xiang
    Södertörn University, School of Social Sciences, Economics.
    Sensitivity of winter tourism to temperature increases over the last decades2018In: Economic Modelling, ISSN 0264-9993, E-ISSN 1873-6122Article in journal (Refereed)
    Abstract [en]

    This paper provides new evidence on the impact of temperatures on tourism demand in the winter season. The analysis is based on time series data spanning from 1960 to 2015 for the South Tyrolean mountains in Italy. Since 1960, winter temperatures have increased by 0.4 degrees Celsius per decade, on average. A nonlinear autoregressive distributed lag (ARDL) model is employed for the estimations. This model allows two separate coefficients to impact tourism demand, following temperature changes (decreases or increases). Results reveal that an increase in winter temperatures by one degree Celsius leads to a decline in the number of accommodation guests (arrivals) by eight per cent, while temperature decreases have no effect on the number of arrivals. However, sensitivity to temperature increases has been declining since the early 1990s, probably due to the widespread usage of snowmaking facilities. The number of these facilities has increased by almost 10 per cent per year on average over the same period. In recent years (1986-2015), and as a consequence of these measures, temperature increases no longer have an effect on winter tourism demand. Conversely, decreases in temperatures lead to small increases in arrivals (by four per cent increase due to a one degree Celsius decrease).

  • 43.
    Fristedt, Sebastian Carl
    Södertörn University, School of Social Sciences, Economics.
    Exchange-rate regimes and economic recovery: A cross-sectional study of the growth performance following the 2008 financial crisis2017Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    This paper applies a cross-sectional regression analysis of 83 countries over the period 2009-11 in order to examine the role played by the exchange-rate regime in explaining how countries fared in terms of economic growth recovery following the recent financial crisis. After controlling for income categorization, regime classification, using alternative regime definitions, and accounting for various other determinants, the paper finds a significant relationship between the regime choice and the recovery performance, where those countries with more flexible arrangements fared better. These results were conditional on the regime classification scheme and the income level, implying an asymmetric effect of the regime during the recovery period between high and low income countries. The paper also finds that proxies for initial conditions as well as trade and financial channels were highly significant determinants of the growth performance during the recovery period. 

  • 44.
    Gustafsson, Johan
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Gullberg, Sara
    Södertörn University, School of Social Sciences, Economics.
    Växelkursens påverkan på svensk export.: Hur påverkas den svenska exporten av förändringar i växelkursen?2017Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    In this study, we will show how Sweden's export is affected by changes in the exchange rate during the years 1962-2011. The regression model is built on the gravity model of trade, and is tested with both OLS and fixed effects. We have collected data from Sweden’s top 30 trading partners according to Statistiska Centralbyrån in April 2017. Three historically important regimes for Swedish exchange rate have been selected to study the short time effects on Swedish export. Those periods are 1970-1975, which is the last years of the Bretton Woods system and when it fell, 1991-1994 which is the period Sweden changed from fixed exchange rate to a floating and 2001-2006 to examine Sweden’s choice of not participate in the European Monetary Union (EMU). When analyzing the result, there is no conclusion on whether the effects of the changes in exchange rates have had a negative or positive impact on the Swedish export. The results vary depending on whether OLS or fixed effects are used.

  • 45.
    Hajjaj, Rayan
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Winge, Jonatan
    Södertörn University, School of Social Sciences, Economics.
    Utbildning och ekonomisk tillväxt: En tvärsnittsanalys av sambandet mellan utbildning och ekonomisk tillväxt i utvecklingsländer2016Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    Ekonomisk tillväxt intresserar såväl politiker som forskare och definieras som ökningen av ett lands bruttonationalprodukt (BNP) från en period till en annan. Då BNP anses vara ett mått på välstånd är ekonomisk tillväxt önskvärt (Investopedia, 2016). Forskningen kring sambandet mellan ekonomisk tillväxt och andra samhällsfenomen är gedigen. Ämnet har intresserat forskare länge och är än idag ett aktuellt forskningsområde. Utbildningens påverkan på den ekonomiska tillväxten är ett samband som analyserats flitigt inom nationalekonomin. Enligt teorin bör utbildning ha en positiv påverkan på den ekonomiska tillväxten. Empiriska studier har dock inte visat några konsekventa resultat och slutsatserna är skilda och många (Kyriacou, 1991; Pritchett, 2001).

    I dagsläget skiljer sig de ekonomiska förutsättningarna och levnadsstandarden mellan världens länder avsevärt. Skillnaderna bland annat i ekonomisk utveckling delar in länderna i industriländer respektive utvecklingsländer där det sistnämnda har sämre förutsättningar. Detta är problematiskt ur en rad olika synpunkter såväl ekonomiskt som socialt (Sida, 2009; Unicef, 2016).

    Syftet med denna uppsats är att analysera om det finns ett positiv samband mellan utbildning och den ekonomiska tillväxten i utvecklingsländer under en tioårsperiod. Hypotesen är att ju högre utbildningsnivå mätt i antal skolår desto högre tillväxt. Sambandet förväntas därför vara positivt. Utifrån uppsatsens syfte har följande frågeställningar formulerats:

     

    • Finns det ett positiv samband mellan antalet skolår oavsett utbildningsnivå och den ekonomiska tillväxten?
    • Finns det ett positivt samband mellan antalet skolår på eftergymnasial nivå och den ekonomiska tillväxten?

     

    För att besvara frågeställningen användes en regressionsanalys av typen Minsta kvadratmetoden. Data som inhämtades var tvärsnittsdata och analysen är därmed en tvärsnittanalys. Enligt regressionsresultatet finns det delvis positivt signifikanta samband redovisade som är kopplade till första frågeställningen. Även positivt signifikanta samband som är kopplade till andra frågeställningen är funna i denna undersökning.

  • 46.
    Heyman, Fredrik
    et al.
    Institutet för Näringslivsforskning / Lunds universitet.
    Gustavsson Tingvall, Patrik
    Södertörn University, School of Social Sciences, Economics. Ratio Institute, Stockholm.
    The Dynamics of Offshoring and Institutions2015In: The B.E. Journals in Economic Analysis & Policy, ISSN 1935-1682, E-ISSN 1935-1682, Vol. 15, no 4, p. 1975-2016Article in journal (Refereed)
    Abstract [en]

    Previous research has found that weak institutions can hamper investment and alter patterns of trade. However, little is known about the impact of institutional quality on offshoring. This lack of knowledge is surprising, given that offshoring has become an important part of many firms’ internationalization strategies. This study uses detailed firm-level data for the period 1997-2005 to examine the relationship between institutional quality in 113 source countries and offshoring by Swedish firms. The results suggest that weak institutions are negatively related to offshoring in general and to offshoring of R&D- and relationship specificity-intensive inputs in particular. Analysis of learning effects suggests that the impact of weak institutions on offshoring of relationship specificity-intensive inputs vanish when firms return to countries from which they have previous market experience. Our results are robust to various measures of institutional quality.

  • 47.
    Ingvaldson, Arild
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Näsström, Sophie
    Södertörn University, School of Social Sciences, Economics.
    Humankapitalets påverkan på ett lands ekonomiska tillväxt: Finns det någon effekt av humankapitalet på ett lands ekonomiska tillväxt inom OECD?2017Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    Humankapital är idag ett väl omtalat begrepp. Investering i Humankapital har visat sig vara kostsamt i det kortsiktiga perspektivet men en god investering på lång sikt. I Uppsatsen diskuteras betydelsen av att investera i Humankapital som leder till ekonomisk tillväxt. Denna studie syftar till att empiriskt pröva hur väl detta stämmer och det med hjälp av data från 2006-2010 för OECD-länderna. I uppsatsen används en tvärsnittsstudie som genomförs med hjälp av en regressionsmodell som kontrollerar för variablerna initialt BNP, hälsa, populationstillväxt, utbildning, handel och teknologi. För att besvara frågeställningen används en teoretisk analys genom att utgå från endogena och exogena tillväxtmodeller där effekterna av humankapital och teknologi på ekonomisk tillväxt behandlas. Teknologins effekt visar en positiv korrelation med ekonomisk tillväxt, med ett signifikant samband. Vi kan även avläsa att handel har en positiv effekt, medan hälsa, utbildning, populationstillväxt och det initiala BNP har en negativ effekt på den ekonomiska tillväxten, däremot utan signifikans.

  • 48.
    Johansson, Robert
    Södertörn University, School of Social Sciences, Economics.
    Utbildning och BNP tillväxt2017Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    Denna studie har som mål att studera om det finns ett positivt samband mellan utbildning och BNP tillväxt. För att komma fram till ett resultat används en regression. Det är en tvärsnittsanalys som används för att mäta hur utbildning påverkar BNP tillväxt under en 5 års period mellan 2010 och 2005. Vidare används first difference estimator. 47 länder är med i undersökningen och alla länder har över 8 år som antal års utbildning detta antas ha stor påverkan på resultatet. Resultatet är att antal års utbildning korrelerar kraftigt med BNP tillväxt mellan åren 2010 och 2005. Detta resultat ska tolkas försiktigt då nästan alla länder som är med i studien har antals års utbildning som är över 8 år och det ska enligt teorin ha stor effekt på BNP tillväxten.

  • 49.
    Kar, Ashim
    et al.
    University of Helsinki, Helsinki, Finland.
    Bali Swain, Ranjula
    Södertörn University, School of Social Sciences, Economics. Stockholm School of Economic.
    Competition, performance and portfolio quality in microfinance markets2018In: European Journal of Development Research, ISSN 0957-8811, E-ISSN 1743-9728Article in journal (Refereed)
    Abstract [en]

    Growing competition in microfinance has been blamed for multiple borrowing, over-indebtedness and loan repayment crisis in recent times. Using the Boone indicator as a proxy for competition, we investigate how competition impacts microfinance institutions’ (MFIs’) outreach, financial performance and quality of loan portfolio in this paper. The analysis is based on data from 568 MFIs in 10 vibrant microfinance markets (Bangladesh, Bolivia, Ecuador, India, Indonesia, Mexico, Nepal, Nicaragua, Peru and Philippines) for the period 2003-2014. We control for potential endogeneity of MFI performance, competition and other covariates by employing the generalized methods of moments (GMM) estimation technique. We find that increased competition leads to higher profitability and better loan portfolio quality of the sampled MFIs, but worsens depth of outreach to the poor, which is an indication of mission drift.   

  • 50.
    Kar, Ashim Kumar
    et al.
    Helsinki Center of Economic Research (HECER), University of Helsinki, Helsinki, Finland.
    Bali Swain, Ranjula
    Södertörn University, School of Social Sciences, Economics.
    Are microfinance markets monopolistic?2018In: Applied Economics, ISSN 0003-6846, E-ISSN 1466-4283, Vol. 58, no 1, p. 1-14Article in journal (Refereed)
    Abstract [en]

    Do microfinance institutions (MFIs) operate in a monopoly, monopolistic competition environment or are their revenues derived under perfect competition markets? We employ the Panzar–Rosse revenue test on a global panel data to assess the competitive environment in which MFIs of five selected countries operate: Ecuador, India, Indonesia, Peru and Philippines, over the period 2005–2009. We estimate the static and the dynamic revenue tests, with analyses of the interest rate and the return on assets. We control for microfinance-specific variables such as capital-assets-ratio, loans-assets and the size of the MFI. The analyses also account for the endogeneity problem by employing the fixed-effects two-stage least squares and the fixed-effects system generalized method of moments. Our results suggest that MFIs in Peru and India operate in a monopolistic environment. We also find weak evidence that the microfinance industry in Ecuador, Indonesia and Philippines may operate under perfect competition.

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