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In many situations the individuals who can generate some output must enter a contest for appropriating this output. This Paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest. Depending on the advantages, an increase in the productivity of...
Persistent link: https://www.econbiz.de/10005656133
This paper presents a model of strategic locational choice by duopolistic firms in an urban area where consumer locations are endogenous and where a public facility is exogenously fixed. A welfare analysis taking their strategic behaviour into account is conducted. It is shown that the firms'...
Persistent link: https://www.econbiz.de/10005662289
A model of a small open economy with open capital and labour markets is presented. Labour demand is based on capital mobility and increasing returns in production. Migration decisions are based on the relative attractiveness of regions in terms of the stock of infrastructure, including its tax...
Persistent link: https://www.econbiz.de/10005662366
This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed … convergence of transition countries with developed market economies in a number of dimensions. The pattern of growth at the … activity taking place in 2002, the middle of the period analyzed. Throughout, the regional patterns suggest greater convergence …
Persistent link: https://www.econbiz.de/10005822674
Due to technological convergence, multiple infrastructures can now offer broadband or triple-play services, while the …
Persistent link: https://www.econbiz.de/10009024485
Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The … the period since 1990. The coefficient of unconditional convergence is estimated quite precisely and is large, at 3 …
Persistent link: https://www.econbiz.de/10009359488
to study the changes in the within country distribution of management quality associated with country convergence to the … those of its close competitors. Part of the process of convergence to the frontier across the development process represents … that lag the frontier benchmark. Among potential explanatory variables that may drive convergence, ownership and human …
Persistent link: https://www.econbiz.de/10010790511
using a random spatial effect model. We find that migration contributes to convergence in regional skill endowments across …
Persistent link: https://www.econbiz.de/10010734425
multi-polar world and to identify the causes of the strategic convergence of management education, to explore the … of the development and convergence of international business schools and business education, and an outline of …
Persistent link: https://www.econbiz.de/10010737655
necessarily convergence of the arbitrage pricing intervals in that context. We prove here that we have very good convergence …
Persistent link: https://www.econbiz.de/10010861455