The aim of this paper is to reconsider the link between integration and disintegration. We argue that the conception of … disintegration must be differentiated by the tools they give to the firm to effectively govern productive assets. …

The gravity model of trade is utilized to assess the impact of disintegration on trade. The analysis is based on three … recent disintegration episodes involving the former Soviet Union, Yugoslavia and Czechoslovakia. The results point to a very … strong home bias around the time of disintegration, with intra-union trade exceeding normal trade approximately 43 times in …

The aim of this paper is to reconsider the link between vertical integration and disintegration which are traditionally … opposed in the literature. The conception of integration and disintegration closely depends on the way we define the firm and … of the firm involves a redefinition of the link between integration and disintegration. We advance that it can not be …

We extend “economic equivalence” results, like the Ricardian equivalence proposition, to the political sphere where … environments with distorting taxes, economic equivalence relations between policies with different levels of debt do not extend to …

This article studies the equivalence between labor and consumption taxes in a stochastic context, where the government …