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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

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

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

Climate policies as a hedge against the uncertainty on future oil supply

Rozenberg, Julie; Hallegatte, Stéphane; Vogt-Schilb, Adrien - HAL - 2010

vulnerability to peak oil. Climate policies, therefore, appear as a hedging strategy against the uncertainty on oil resources, in …

Persistent link: https://www.econbiz.de/10009647577

Is the Veil of Ignorance Transparent ?

Giraud, Gaël; Renouard, Cécile - HAL - 2010

Theories of justice in the spirit of Rawls and Harsanyi argue that fair-minded people should aspire to make choices for society as if in the original position, that is, behind a veil of ignorance that prevents them from knowing their own social positions. In this paper, we provide a fairly...

Persistent link: https://www.econbiz.de/10010605310

In search of characterization of the preference for safety under the Choquet model

Cohen, Michèle; Meilijson, Isaac - HAL - 2011

in the Choquet Uncertainty model, letting u and μ (v and ν) be Ursula's (Victor's) utility and capacity. A necessary and … sufficient condition (A) on the pairs (u, μ) and (v, ν) will be presented for dichotomous weak increased uncertainty aversion … indifferent. Condition A is thus a characterization of weak increased uncertainty aversion for convex f. An example will be …

Persistent link: https://www.econbiz.de/10010605324

The Worst-Case Scenario and Discounting the Very Long Term

Fall, El Hadji - HAL - 2006

We propose an ethical viewpoint based on the possibility of the realization of the worst-case scenario in order to reduce future generations risks in terms of discounting. Applied to the question of conservation of a renewable resource, we show that an economy, where the social planner takes...

Persistent link: https://www.econbiz.de/10010750368