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Barros, Pedro Luis Pita; Mata, José - C.E.P.R. Discussion Papers - 1996

economic agents, competition policies are usually included in the legal framework that regulates economic activities. Portugal …

Persistent link: https://www.econbiz.de/10005114491

Portugal and Europe: The Longest Transition

Braga de Macedo, Jorge - C.E.P.R. Discussion Papers - 1987

two "integration episodes", the development of an economic union between Portugal and its African colonies and the … establishment of democratic socialism since then. The paper contrasts the recent economic experience of Portugal with its neighbour … Spain. The view that EC membership is desirable because it ensures Portugal against dictatorship is also examined and …

Persistent link: https://www.econbiz.de/10005792495

Moving the Escudo into the Euro

Braga de Macedo, Jorge; Catela Nunes, Luís; Covas, … - C.E.P.R. Discussion Papers - 1999

When the 1987 general elections brought a durable government to Portugal, the national environment was still …

Persistent link: https://www.econbiz.de/10005123635

External Liberalization with Ambiguous Public Response: The Experience of Portugal

Braga de Macedo, Jorge - C.E.P.R. Discussion Papers - 1990

This paper reviews the traditional ambiguity of Portuguese policy towards external liberalization. Product and labour markets have become segmented as a result of the soft budget constraint faced by large corporations and job protection in the public sector. Relaxation of entry requirements into...

Persistent link: https://www.econbiz.de/10005281308

Portuguese Industry and the Effect of EC Membership

Corado, Cristina - C.E.P.R. Discussion Papers - 1990

, economies of scale, and have been heavily protected from international competition in Portugal and Spain. The `costs of non …

Persistent link: https://www.econbiz.de/10005281309

Export Destinations and Input Prices

Bastos, Paulo; Silva, Joana; Verhoogen, Eric A - C.E.P.R. Discussion Papers - 2014

detailed customs and firm-product-level data from Portugal. We use exchange-rate movements as a source of variation in export …

Persistent link: https://www.econbiz.de/10011083348

Nested logit or random coefficients logit? A comparison of alternative discrete choice models of product differentiation

Grigolon, Laura; Verboven, Frank - C.E.P.R. Discussion Papers - 2011

We start from an aggregate random coefficients nested logit (RCNL) model to provide a systematic comparison between the tractable logit and nested logit (NL) models with the computationally more complex random coefficients logit (RC) model. We first use simulated data to assess possible...

Persistent link: https://www.econbiz.de/10009322976

The economics of predation: What drives pricing when there is learning-by-doing?

Besanko, David; Doraszelski, Ulrich; Kryukov, Yaroslav - C.E.P.R. Discussion Papers - 2011

Predatory pricing--a deliberate strategy of pricing aggressively in order to eliminate competitors--is one of the more contentious areas of antitrust policy and its existence and efficacy are widely debated. The purpose of this paper is to formally characterize predatory pricing in a modern...

Persistent link: https://www.econbiz.de/10009385767

Leniency and Whistleblowers in Antitrust

Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2006

The paper reviews the recent evolution of leniency programs for cartels in the US and EU, surveys their theoretical economic analyses, and discusses the empirical and experimental evidence available, also looking briefly at related experiences of rewarding whistleblowers in other fields of law...

Persistent link: https://www.econbiz.de/10005662235

Information Aggregation, Strategic Behaviour and Efficiency in Cournot Markets

Vives, Xavier - C.E.P.R. Discussion Papers - 1998

When is the modeller introducing more error when analysing a Cournot market with private cost information - when ignoring market power or when ignoring the impact of incomplete information? Is the welfare loss at the market outcome driven by private information or by market power? The answer,...

Persistent link: https://www.econbiz.de/10005662375