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Exports, Foreign Direct Investment and the Costs of Corporate Taxation

Keuschnigg, Christian - CESifo - 2007

This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment … and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to … the size of a firm’s capital stock. Extensive investment refers to the firm’s production location and reflects the trade …

Persistent link: https://www.econbiz.de/10005094313

International Trade and Retailing

Eckel, Carsten - CESifo - 2009

The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to …

Persistent link: https://www.econbiz.de/10005051532

Growth, Foreign Direct Investment and Urban Concentrations: Unbundling Spatial Lags

Poelhekke, Steven; Ploeg, Frederick Van der - CESifo - 2008

Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...

Persistent link: https://www.econbiz.de/10005765950

Fiscal Competition over Taxes and Public Inputs: Theory and Evidence

Hauptmeier, Sebastian; Mittermaier, Ferdinand; Rincke, … - CESifo - 2008

We set up a model to characterize the reaction functions of governments competing for mobile capital by simultaneously setting both the business tax rate as well as the level of provision of a productive public input. Using a rich data set of local jurisdictions, we then test the predictions of...

Persistent link: https://www.econbiz.de/10005765934

Euro Area SMEs under Financial Constraints: Belief or Reality?

Artola, Concha; Genre, Veronique - CESifo - 2011

During the recent financial crisis, euro area firms, and especially Small and Medium-sized Enterprises, have been reporting acute problems of access to external finance. Using firm-level replies to the SME survey on access to finance, we use two indicators of financing constraints based on...

Persistent link: https://www.econbiz.de/10009371348

A Probability Approach to Pharmaceutical Demand and Price Setting: Does the Identity of the Third-Party Payer Mattersfor Prescribing Doctors?

Dalen, Dag Morten; Locatelli, Marilena; Sorisio, Enrico; … - CESifo - 2011

TNF-alpha inhibitors represent one of the most important areas of biopharmaceuticals by sales, with three blockbusters accounting for 8 per cent of total pharmaceutical sale in Norway. Novelty of the paper is to examine, with the use of a unique natural policy experiment in Norway, to what...

Persistent link: https://www.econbiz.de/10009371358

Capacity Constraining Labor Market Frictions in a Global Economy

Holzner, Christian; Larch, Mario - CESifo - 2011

monopolistic competition. …

Persistent link: https://www.econbiz.de/10009320777

Digital Piracy: Theory

Belleflamme, Paul; Peitz, Martin - CESifo - 2010

This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the...

Persistent link: https://www.econbiz.de/10008727287

Choosing among Competing Blockbusters: Does the Identity of the Third-Party Payer Matter for Prescribing Doctors?

Dalen, Dag Morten; Sorisio, Enrico; Strøm, Steinar - CESifo - 2010

TNF-alpha inhibitors represent one of the most important areas of biopharmaceuticals by sales, with three blockbusters accounting for 8 % of total pharmaceutical sale in Norway. With use of a unique natural policy experiment in Norway, this paper examines to what extent the identity of the...

Persistent link: https://www.econbiz.de/10008727300

Levelized Product Cost: Concept and Decision Relevance

Reichelstein, Stefan; Rohlfing-Bastian, Anna - CESifo - 2014

This paper examines a life-cycle cost concept that applies to both manufacturing and service industries in which upfront capacity investments are essential. Borrowing from the energy literature, we refer to this cost measure as the levelized product cost (LC). Per unit of output, the levelized...

Persistent link: https://www.econbiz.de/10010736750

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