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Cross-Border Intellectual Property Rights: Contract Enforcement and Absorptive Capacity
Naghavi, Alireza; Tsai, Yingyi - Fondazione ENI Enrico Mattei (FEEM) - 2012
This paper studies cross-border intellectual property rights (IPR) as a North-South contract using a Nash bargaining approach and distinguishes between the outcome and its actual enforcement. The absorptive capacity of the Southern country to exploit technology transfer plays a key role in the...
Persistent link: https://www.econbiz.de/10010635920
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The Determinants of Residential Water Demand Empirical Evidence for a Panel of Italian Municipalities
Mazzanti, Massimiliano; Montini, Anna - Fondazione ENI Enrico Mattei (FEEM) - 2005
-Romagna, by using municipal panel data. The estimated water demand price elasticity is negative, showing values between -0.99 and …-specific determinants is less relevant, with the exception of altitude. The relative high value of price elasticity is deemed consistent … demand studies. The estimation of price elasticity and the investigation on the determinants of water demand are necessary …
Persistent link: https://www.econbiz.de/10005423182
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A Comparison Between Shale Gas in China and Unconventional Fuel Development in the United States: Health, Water and Environmental Risks
Farah, Paolo D.; Tremolada, Riccardo - Fondazione ENI Enrico Mattei (FEEM) - 2013
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010732280
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Informal Finance: A Theory of Moneylenders
Madestam, Andreas - Fondazione ENI Enrico Mattei (FEEM) - 2009
I study the coexistence of formal and informal finance in underdeveloped credit markets. While weak institutions constrain formal banks, shallow pockets hamper informal lenders. In such economies, informal finance has two effects. By increasing the investment return it decreases borrowers’...
Persistent link: https://www.econbiz.de/10004987238
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Oil and Product Price Dynamics in International Petroleum Markets
Lanza, Alessandro; Manera, Matteo; Giovannini, Massimo - Fondazione ENI Enrico Mattei (FEEM) - 2003
In this paper we investigate crude oil and products price dynamics. We present a comparison among ten price series of … crude oils and fourteen price series of petroleum products, considering four distinct market areas (Mediterranean, North … and product price dynamics using cointegration and error correction models. Subsequently we use the error correction …
Persistent link: https://www.econbiz.de/10005423205
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Asymmetric Error Correction Models for the Oil-Gasoline Price Relationship
Manera, Matteo; Grasso, Margherita - Fondazione ENI Enrico Mattei (FEEM) - 2005
The existing literature on price asymmetries does not systematically investigate the sensitivity of the empirical … of the three most popular models designed to describe asymmetric price behaviour, namely asymmetric ECM, autoregressive … behaviour. However, the type of market and the number of countries which are characterized by asymmetric oil-gasoline price …
Persistent link: https://www.econbiz.de/10005423206
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Econometric Models of Asymmetric Price Transmission
Manera, Matteo; Frey, Giliola - Fondazione ENI Enrico Mattei (FEEM) - 2005
In this paper we review the existing empirical literature on price asymmetries in commodities, providing a way to … and updated survey of the existing empirical contributions on the existence of price asymmetries in the transmission … asymmetries. Fourth, this paper evaluates the relative merits of the most popular econometric models for price asymmetries, namely …
Persistent link: https://www.econbiz.de/10005423246
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The Impact of Immigration on Portuguese Intra-Industry Trade
Leitão, Nuno Carlos - Fondazione ENI Enrico Mattei (FEEM) - 2013
This paper investigates the relationship between intra-industry trade (IIT) and immigration flows using a gravity model for the period 2000-2010 between Portugal and European Union’s Member States (EU-27). The present study uses the methodology of Kandogan (2003) for separating IIT into its...
Persistent link: https://www.econbiz.de/10010904917
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National Versus International Mergers and Trade Liberalization
Yildiz, Halis Murat - Fondazione ENI Enrico Mattei (FEEM) - 2003
This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral trade liberalization on a country’s industry structure are...
Persistent link: https://www.econbiz.de/10005423194
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Dominant Investors and Strategic Transparency
Perotti, Enrico C.; Thadden, Ernst-Ludwig von - Fondazione ENI Enrico Mattei (FEEM) - 1999
trading to reduce price informativeness, while shareholder-run firms prefer more transparency. Our comparitive statics show …
Persistent link: https://www.econbiz.de/10005423252