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Some empirical extrapolations are performed which indicate that if the process of disaggregation were to be carried sufficiently far (to approximately the 17th to 23rd SITC level), virtually all intra-industry trade could be expected to disappear from international trade statistics. It is also...
Persistent link: https://www.econbiz.de/10009742203
An n-commodity, n-factor, K-country log-linear model is developed, with identical Cobb-Douglas production coefficients and identical consumer expenditure shares across countries, in which factor endowments are such as to permit positive production of all commodities in all countries, hence...
Persistent link: https://www.econbiz.de/10009576233
In essay one, we examine nonlocalized competition in interest taxation between an arbitrary number of countries. Our focus is on the role of relative number of locked-in investors in asymmetric tax competition. We find that in equilibrium, small countries have advantages in tax competition. In...
Persistent link: https://www.econbiz.de/10009430661
This dissertation examines the Nash equilibrium in giving by private individuals when the gifts are used to produce a pure public good which benefits everyone. A new approach to proving the existence of equilibrium is developed that relaxes the conditions of Bergstrom et al., 1986 by requiring...
Persistent link: https://www.econbiz.de/10009430871
In this paper, the beginnings of a new approach to the theory of aggregation are developed. The basic idea is that aggregation should involve two things: (a) data over which social preferences are defined should be mapped into a smaller-dimensional space, and (b) there should exist an ordering...
Persistent link: https://www.econbiz.de/10005739773
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This paper considers explicit representations for very general (discrete and continuous-time) intertemporal consumption-maximization models which allow the instantaneous preferences of the consumer and the time-preference factors to vary over time and for the non-existence of utility functions,...
Persistent link: https://www.econbiz.de/10015233693
This paper estimates trade-demand functions for Germany from monthly data covering the period 1959-1988. It is assumed that these trade-demand functions have the form of the Linear Expenditure System, generated by a shifted Cobb-Douglas trade-utility function in which the shift parameter is...
Persistent link: https://www.econbiz.de/10015233842