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Transport Cost Sharing and Spatial Competition

Sarangi, Sudipta; Kyureghian, Hrachya - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2004

Hotelling (1929) type framework we analyze a duopoly where firms facing a continuum of consumers choose locations and prices …

Persistent link: https://www.econbiz.de/10004963945

The Global Crisis and Equity Market Contagion

Bekaert, Geert; Ehrmann, Michael; Fratzscher, Marcel; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014

We analyze the transmission of the financial crisis of 2007 to 2009 to 415 country-industry equity portfolios. We use a factor model to predict crisis returns, defining unexplained increases in factor loadings and residual correlations as indicative of contagion. While we find evidence of...

Persistent link: https://www.econbiz.de/10011266597

The Globalization of Steam Coal Markets and the Role of Logistics: An Empirical Analysis

Zaklan, Aleksandar; Cullmann, Astrid; Neumann, Anne; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight...

Persistent link: https://www.econbiz.de/10008558924

International Market Integration for Natural Gas?: A Cointegration Analysis of Prices in Europe, North America and Japan

Guillaume L¿Hégaret; Siliverstovs, Boriss; Neumann, Anne - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2003

We examine the degree of natural gas market integration in Europe, North America and Japan, between the mid 1990's and 2002. The relationship between the international gas marker prices, and their relation to the oil price, are investigated through principal component analysis and Johansen...

Persistent link: https://www.econbiz.de/10005068638

Linking Natural Gas Markets: Is LNG Doing Its Job?

Neumann, Anne - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

The increase in liquefied natural gas trade has accelerated the integration of previously segmented markets in North America, Europe, and Asia. This paper provides evidence on the integration of the transatlantic natural gas market. We test the theoretical proposition that in integrating markets...

Persistent link: https://www.econbiz.de/10005068737

Competition and Innovation in a Technology Setting Software Duopoly

Bitzer, Jürgen; Schröder, Philipp J. H. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2003

market structure from monopoly to duopoly under the assumption that software producers compete in technology rather than …, i.e. innovation. It is found that: (i) moving from monopoly to duopoly does increase the technology level set by firms … in the software industry; (ii) a duopoly adjusts more readily to global technological progress than a monopolist …

Persistent link: https://www.econbiz.de/10004963814