Showing 1 - 10 of 25
We combine spatial and monopolistic competition to study market interactions between downtown retailers and an outlying shopping mall. Consumers shop at either marketplace or at both, and buy each variety in volume. The market solution stems from the interplay between the market expansion effect...
Persistent link: https://www.econbiz.de/10010927708
We study the ever more integrated and ever more unbalanced trade relationships between European countries. To better capture the complexity of economic networks, we propose two global measures that assess the trade integration and the trade imbalances of the European countries. These measures...
Persistent link: https://www.econbiz.de/10010735618
In this paper, we study market liberalization in an imperfectly competitive environment in the presence of price effects. For this purpose, we build a three-country model of international trade under monopolistic competition with endogenous prices and wages. The neighboring effect translates how...
Persistent link: https://www.econbiz.de/10010610456
This paper provides a methodology to study coalition formation problems with externalities and heterogeneous players, when some subset of the players can act as “coalition developers” over time. The framework provided here allows to explicitly predict the timing of admission to coalitions,...
Persistent link: https://www.econbiz.de/10005008385
In this paper we build a quality-augmented version of an economic geography model where consumers have heterogenous tastes for a set of manufacturing varieties. We discuss a footloose capital model and a footloose entrepreneur model. We show that firms selling the goods with higher values select...
Persistent link: https://www.econbiz.de/10005008443
We study the pattern of geographic concentration of industries in EU countries and regions between 1972 and 1995. We … find that changes in concentration levels were mainly due to industry mobility rather than historical accidents and past … levels of concentration as often argued by the New Economic Geography literature. …
Persistent link: https://www.econbiz.de/10005008470
The aim of this paper is firstly to recall the close connection between the Dirichlet process and the Gamma process in very genera] spaces and to show how it can be used to derive interesting properties of the Dirichlet process. Secondly, it is shown that the characterization of the Dirichlet...
Persistent link: https://www.econbiz.de/10005008617
In this paper we set up a symmetric two-country model with trade costs and international ownership to study the transfer pricing decisions by two multinationals operating in markets with Cournot competition. We let governments choose both the corporate profit tax rate and the level of...
Persistent link: https://www.econbiz.de/10005008645
We investigate the impact of changes in international trade and domestic transport costs on the internal geography of a domestic economy linked to the rest of the World through a hub. We address that issue by developing two three regions model, namely a version of the Footlose Entrepreneur and a...
Persistent link: https://www.econbiz.de/10008550203
Persistent link: https://www.econbiz.de/10008550210