The United Kingdom began deregulating its electric market years before the U.S. Thus, the UK provides the best example of what can be expected in the deregulated residential retail electric market in the United States. . An extensive review of the evidence found: Questionable price savings:...

This paper studies the locational determinants of foreign direct investment (FDI) by Japanese manufacturing firms in seven Asian countries by utilizing the 1993 survey data. I show that different size- groups of firms react to different factors in the host country in making the foreign...

This paper analyses the relationship between firm productivity and export behavior in German manufacturing firms. We examine whether productivity increases the probability of exporting, and assert that there is a causal relationship from high productivity to entering foreign markets, as...

The current slump in world coffee prices is mainly due to a structural oversupply. Instead of introducing price measures, measures aimed at reducing this excess supply would be a more efficient method of increasing coffee producers'incomes.

This paper uses a model of horizontal multinational enterprises to explore the relationship between transportation costs and trade policy cooperation. Tariffs have the effect of attracting foreign direct investment to the benefit of consumers in the host country. As transport costs fall, the...

From the 1950s to the mid-seventies, Iceland’s efforts in international diplomacy were largely devoted to convincing other nations that Icelanders should control and utilise the resources of the waters within 12, then 50 and finally 200 nautical miles around the island. During the last quarter...

In the standard moral hazard model, withholding of effort by the agent is not observable to the principal. We argue that this assumption has to be changed in applications that study corruption. The overwhelming majority of cases where corrupt politicians have been punished involve the detection...

A presente comunicação preparada para o III Congresso de Trás-os-Montes e Alto Douro, que decorreu em Setembro de 2002. Nesta comunicação visa- se identificar novas actividades empresariais, em emergência, que possam resultar da dinamização de uma área de enorme potencialidade na...

A presente comunicação preparada para o III Congresso de Trás-os-Montes e Alto Douro, que decorreu em Setembro de 2002. Nesta comunicação visa- se identificar novas actividades empresariais, em emergência, que possam resultar da dinamização de uma área de enorme potencialidade na...

The diffusion of health care technology is influenced by both the total market share of managed care organizations as well as the level of competition among them. This paper differentiates between HMO penetration and competition and examines their relationship to the adoption of cardiac...