Showing 1 - 10 of 155
firm is willing to pay for a process innovation that it would be the only one to use. We show that different measures of …
Persistent link: https://www.econbiz.de/10005043559
, which balance consumers' relative valuation of goods' expected quality and consumers' preferences for variety. However the …
Persistent link: https://www.econbiz.de/10005043587
The welfare impact of a merger involves the market power offense and the efficiency defense. Salant et al. (1983) show that mergers among symmetric firms are unprofitable except for monopolization. We characterize the limit to this merger paradox in a simple linear Cournot oligopoly with...
Persistent link: https://www.econbiz.de/10008494368
concentration, spatial clustering and the size of plants. Concentration is an a-spatial concept of variability that can be measured … distance-based patterns. We argue that, in a world where the size of establishments is independent of both concentration and … more concentrated than small ones, with size and concentration simultaneously influencing each other. On the other hand …
Persistent link: https://www.econbiz.de/10005042915
this in turn affects the one-firm concentration index. Then, in the second part, the number of banks in each submarket is …, the one-firm concentration ratio of each province is regressed on the number of banks, also in interaction with market …
Persistent link: https://www.econbiz.de/10005043154
This paper discusses the role of the Clean Development Mechanism (CDM) on the market for carbon quotas and countries' commitments to reduce their carbon emission levels. We show that the CDM contributes to an efficient funding of clean technology investments in least developed countries....
Persistent link: https://www.econbiz.de/10010927725
We investigate the importance of market size as a determinant for industrial location patterns. In order to focus on a broad range of sectors,including the service industries, both traded and non-traded goods are taken into consideration. In our model, traded goods industries always exhibit a...
Persistent link: https://www.econbiz.de/10005008161
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
agglomeration in both countries. When the aggregate concentration changes are decomposed into portions attributable to the different …
Persistent link: https://www.econbiz.de/10005043049
This paper provides evidence of the positive impact of economic integration on EU regions' business cycles convergence by focusing on two neighbouring countries: Spain and Portugal. We show that while a rise in cross-country business cycle correlation has also been experienced by other European...
Persistent link: https://www.econbiz.de/10005043079