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arising from within its society. Integration occurred when a number of nation– states shared similar political objectives …
Persistent link: https://www.econbiz.de/10009351453
the face of competitive pressures. The resulting firm integration is neither horizontal nor vertical but rather congeneric … integration of firms in related industries. We endogenize the industrial conglomeration structure and examine the effects of … quo. We also show that strategic firm integration can occur even in the presence of diseconomies of scope. The model helps …
Persistent link: https://www.econbiz.de/10005771958
We analyze recent contributions to growth theory based on the model of expanding variety of Romer (1990). In the first part, we present different versions of the benchmark linear model with imperfect competition. These include the “labequipment” model, labor-for-intermediates” and...
Persistent link: https://www.econbiz.de/10005772070
We formulate a dynamic core-periphery model with frictions in the job matching process to study the interplay between trade costs, migration and regional unemploymentin the short- and long-run. We find that the spatial distribution of unemployment mirrors (inversely) the distribution of economic...
Persistent link: https://www.econbiz.de/10005772101