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Cournot Competition Yields Spatial Avoiding Competition in Groups

Yu, Chia-Ming; Lai, Fu-Chuan - EconWPA - 2003

This paper characterizes the properties of equilibrium location patterns in an Anderson-Neven-Pal model and uses these characteristics to comprehensively find the subgame perfect Nash equilibria, most of which are not yet found in the literature. Since the external competition effect may be...

Persistent link: https://www.econbiz.de/10005134538

Concurrence spatiale, différenciation verticale et comportement bancaire

saidane, dhafer - EconWPA - 2005

A banking spatial competition model is developed to activate the horizontal and vertical parameters of differentiation in a two- dimensional space. Banking competition has become more relevant given the vertical differentiation elements related to some financial assets features. We consider a...

Persistent link: https://www.econbiz.de/10005413079

Instability in Exchange Rates of the World Leading Currencies: Implications of a Spatial Competition Model among Central Banks (Currencies, Competition, and Clans)

Engelmann, Dirk; Hanousek, Jan; Kocenda, Evzen - EconWPA - 2004

We use a spatial competition based model in a two-stage game setup to assess whether equilibrium in exchange rates among the leading currencies is attainable. We show that a stable equilibrium can be reached in the case of two leading currencies, but not in the case of three. In our model,...

Persistent link: https://www.econbiz.de/10005561175

Can Rivalry Increase Prices?

Roessler, Christian - EconWPA - 2005

Spatially differentiated duopolists set higher-than-monopoly prices at some distances. This phenomenon is shown to occur in any finite- dimensional space for a class of reservation prices that covers concavity and convexity in perceived distance from a design. But an upper bound on the...

Persistent link: https://www.econbiz.de/10005561854

INCOME CONVERGENCE DURING THE DISINTEGRATION OF THE WORLD ECONOMY 1919-39

Milanovic, Branko - EconWPA - 2003

Some economists have argued that the process of disintegration of the world economy between the two World Wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...

Persistent link: https://www.econbiz.de/10005076560

The Influence of Globalization on Taxes and Social Policy – an Empirical Analysis for OECD Countries

Dreher, Axel - EconWPA - 2003

Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …

Persistent link: https://www.econbiz.de/10005076616

Is Islam really a development blockade? 12 predictors of development, including membership in the Organization of Islamic Conference, and their influence on 14 indicators of develo...

TAUSCH, Arno - EconWPA - 2005

. Our three-fold empirical understanding of the process of globalization – reliance on foreign savings, MNC penetration and …

Persistent link: https://www.econbiz.de/10005125619

GLOBALIZATION AND GOALS: Does soccer show the way?

Milnaovic, Branko - EconWPA - 2003

foreign clubs. This provides an example as how forces of efficiency but also inequality unleashed by globalization can be …

Persistent link: https://www.econbiz.de/10005125704

A TALE OF TWO “GLOBALIZATIONS”: CAPITAL FLOWS FROM RICH TO POOR IN TWO ERAS OF GLOBAL FINANCE

Schularick, Moritz - EconWPA - 2005

globalization. The paper extends recent research on the developmental effects of international financial integration, long …-term trends in capital mobility and “globalization in historical perspective”. Analyzing the patterns of international financial … a central element of 19th century financial globalization, but plays only a minor role today. The Lucas paradox of …

Persistent link: https://www.econbiz.de/10005125830

The Empire Effect: Country Risk in the First Age of Globalization, 1880-1913

Ferguson, Niall; Schularick, Moritz - EconWPA - 2005

conclude that these findings have important implications for the current globalization debate: lacking jurisdictional …

Persistent link: https://www.econbiz.de/10005125839