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Exports, sunk costs and financial restrictions in Argentina during the 1990s

Español, Paula - HAL - 2007

This paper examines firms' export decisions in Argentina during the 1990s. Using a sample of 1600 Argentine industrial firms with information for the years 1992, 1996, 1998 and 2001, we test which factors affect the probability of entering foreign markets. We focus on the role of sunk costs and...

Persistent link: https://www.econbiz.de/10010739028

The determinants of firm exit in the French food industries

Blanchard, Pierre; Huiban, Jean-Pierre; Mathieu, Claude - HAL - 2012

A semi-parametric approach is used to estimate firm propensity to exit. The unobserved individual productivity of a firm is first estimated using the Ackerberg et al. (2006) approach and then introduced as a determinant of firm exit in conjunction with other variables that may serve as barriers...

Persistent link: https://www.econbiz.de/10010898507

Financial Factors and Manufacturing Exports:Theory and Firm-level Evidence From Egypt

KIENDREBEOGO, Youssouf; Minea, Alexandru - HAL - 2013

This paper focuses on the effects of financial factors on manufacturing firms' export participation. Using a simple dynamic discrete choice model, we first present the intuition according to which financial constraints reduce the probability of exporting. Then, based on a panel of Egyptian...

Persistent link: https://www.econbiz.de/10010899838

Implementing incentive regulation through an alignment with resource bounded regulators

Glachant, Jean-Michel; Khalfallah, Haikel; Perez, Yannick; … - HAL - 2013

It is puzzling today to explain both the diversity and the rationale of regulators' practice vis-à-vis network monopolies. We argue that two fundamental characteristics should be considered when defining the most appropriate regulatory tools. First, it is the bounded endowment of regulators set...

Persistent link: https://www.econbiz.de/10010898485

An assessment of Incentive Regulation in electricity networks: The story so far

Khalfallah, Haikel - HAL - 2013

Network regulation is playing an active role in a context of restructuring energy systems for long term transition to a smart grid. Regulation of network companies' activities should consider both cost efficiency objectives and other objectives such as quality and network innovation. It is in...

Persistent link: https://www.econbiz.de/10010899413

Regional Agreements and Welfare in the South: When Scale Economies in Transport Matter

Carrere, Céline - HAL - 2011

This paper focuses on two issues that challenge the accepted pessimistic view that regional trade agreements (RTAs) between developing countries in welfare terms by taking into account scale economies in transport. First, how is the standard welfare analysis of an RTA affected by the endogeneity...

Persistent link: https://www.econbiz.de/10008805091

Optimal control models and elicitation of attitudes towards climate damages

Hourcade, Jean-Charles; Ambrosi, Philippe; Hallegatte, … - HAL - 2003

than the difference between stochastic and non stochastic approach given the cascade of uncertainty from emissions to …

Persistent link: https://www.econbiz.de/10008792735

Model uncertainty and its impact on the pricing of derivative instruments

Cont, Rama - HAL - 2006

Model uncertainty, in the context of derivative pricing, can be defined as the uncertainty on the value of a contingent … quantitative framework for defining model uncertainty in option pricing models. After discussing some properties which a … quantitative measure of model uncertainty should verify in order to be useful and relevant in the context of risk measurement and …

Persistent link: https://www.econbiz.de/10008792846

Uncertainty management in the IPCC: agreeing to disagree

Ha-Duong, Minh; Swart, Rob; Bernstein, Lenny; Petersen, … - HAL - 2007

uncertainty, thus it is better that working groups agree to disagree rather than seek to bring everybody on one party line. …

Persistent link: https://www.econbiz.de/10008793134

Learning and climate change

O'neill, Brian C.; Crutzen, Paul; Grübler, Arnulf; … - HAL - 2006

Learning – i.e. the acquisition of new information that leads to changes in our assessment of uncertainty – plays a …

Persistent link: https://www.econbiz.de/10008793145