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Unionized Oligopoly, Trade Liberalization and Location Choice
Lommerud, Kjell Erik; Meland, Frode; Sørgard, Lars - CESifo - 2002
In a two-country reciprocal dumping model, with one country unionized, we analyze how wage setting and firm location are influenced by trade liberalization. We show that trade liberalization can induce FDI, which is at odds with conventional theoretical wisdom and cannot happen in a...
Persistent link: https://www.econbiz.de/10005765753
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Was Germany ever United? Evidence from Intra- and International Trade 1885 - 1933
Wolf, Nikolaus - CESifo - 2008
When did Germany become economically integrated? Within the framework of a gravity model, based on a new data set of about 40,000 observations on trade flows within and across the borders of Germany over the period 1885 – 1933, I explore the geography of trade costs across Central Europe....
Persistent link: https://www.econbiz.de/10005765846
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Labor Market Effects of Economic Integration - The Impact of Re-Unification in German Border Regions
Büttner, Thiess; Rincke, Johannes - CESifo - 2004
labor market effects of German re-unification. In the aftermath of the re-unification shock, despite some gain in employment …
Persistent link: https://www.econbiz.de/10005766224
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Unlocking the Value of Cross-Border Mergers and Acquisitions
Brakman, Steven; Garita, Gus; Garretsen, Harry; … - CESifo - 2008
Most FDI takes place between the developed countries, which suggests that the market-seeking motive is important for understanding FDI. However, given the stylized fact that trade barriers (e.g. transportation costs and financial barriers) have declined over the past 20 years, models that aim to...
Persistent link: https://www.econbiz.de/10005094463
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Globalisation and the Mix of Wage and Profit Taxes
Haufler, Andreas; Klemm, Alexander; Schjelderup, Guttorm - CESifo - 2006
This paper analyses the development of the ratio of corporate taxes to wage taxes using a simple political economy model with internationally mobile and immobile firms. Among other results, our model predicts that countries reduce their corporate tax rate, relative to the wage tax, either when...
Persistent link: https://www.econbiz.de/10005405752
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Financial Constraints and Moral Hazard: The Case of Franchising
Fan, Ying; Kühn, Kai-Uwe; Lafontaine, Francine - CESifo - 2013
waiting time, and slows their growth by around 10 percent, leading to a 10 percent reduction in franchised chain employment. …
Persistent link: https://www.econbiz.de/10010877784
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Competition in the Service Sector and the Performances of Manufacturing Firms: Does Liberalization Matter?
Forlani, Emanuele - CESifo - 2010
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition in the service sector affects downstream manufacturing firms’ efficiency, via the inputs used. Using French micro-data for services, we calculate proxies for competition in...
Persistent link: https://www.econbiz.de/10008534010
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Sources of the German Productivity Demise – Tracing the Effects of Industry-Level ICT Investment
Eicher, Theo; Röhn, Oliver - CESifo - 2007
While the US experienced two successive labor productivity surges in 1995 and 2000, Germany’s productivity declined dramatically during the same period. We examine the sources of Germany’s productivity demise using the ifo industry growth accounting database that provides detailed...
Persistent link: https://www.econbiz.de/10005181228
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Market Structure and Market Access
Francois, Joseph; Wooton, Ian - CESifo - 2008
We examine the interaction between goods trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service-sector competition and goods trade supported by econometrics involving imports of 22 OECD countries vis-à-vis 69 exporters. Competition...
Persistent link: https://www.econbiz.de/10005181406
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General Education, Vocational Education, and Labor-Market Outcomes over the Life-Cycle
Hanushek, Eric A.; Woessmann, Ludger; Zhang, Lei - CESifo - 2011
. But with rapid technological change, gains in youth employment from vocational education may be offset by less … adaptability and thus diminished employment later in life. To test our main hypothesis that any relative labor-market advantage of … vocational education decreases with age, we employ a difference-in-differences approach that compares employment rates across …
Persistent link: https://www.econbiz.de/10009351470