Showing 1 - 10 of 102
, all cotton sector stakeholders do recognize that there is a big issue of excessive competition from a great number of … nevertheless will remain a short term one if no regulation is provided to prevent the market development from excessive and unfair … competition. The case analysed is a good illustration of the shortfalls of unregulated competition. It is however ineffective to …
Persistent link: https://www.econbiz.de/10008791670
Current EU policy exempts horizontal R&D agreements from antitrust con- cerns when the combined market shares of participants are low enough. This paper argues that existing theory does not support limiting the exemption to low market shares. This is done by introducing a set of non-innovating...
Persistent link: https://www.econbiz.de/10008791808
between competition as an ideal and the feasibility of competition in the railroad sector; this distinction is implicit in … Dupuit's work, but it helps us to grasp that, in his opinion, unlimited competition is not possible in the railroads and that …
Persistent link: https://www.econbiz.de/10010575558
The paper presents the differences between the design of a closed and an open team sports league. Then it compares the theoretical models of a closed league with profit maximizing clubs and an open league with win maximizing clubs. Both models are now outdated by a Nash equilibrium model which...
Persistent link: https://www.econbiz.de/10010635114
investment incentives, which in turn may trigger relocation. As a consequence, subsidy competition increases as integration … combination of integration and subsidy competition may lead to an excess of subsidization. We also discuss how the interest of …
Persistent link: https://www.econbiz.de/10010739043
This article focuses on the reaction of Asean economies to international financial shocks. The crises in emerging markets at the end of the last century underlined the vulnerability of emerging Asean economies to international financial fluctuations and a lack of sustainability in their exchange...
Persistent link: https://www.econbiz.de/10008793070
This paper investigates wether the ongoing financial crisis has destabilized the microstructures of ASEAN stock market. Using daily stock market data from 2007 to 2010, we first develop a set of monthly country-level liquidity, efficiency, international integration and volatility indicators. We...
Persistent link: https://www.econbiz.de/10008804710
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
The paper discusses regionalism from the standpoint of developing countries surveying the more significant recent contributions surrounding the contentious debate about identifying resulting benefits for Southern partners in the recent wave of North-South Preferential Trading Agreements (PTAs).
Persistent link: https://www.econbiz.de/10008836505
This paper estimates the effective market-access granted under NAFTA in textiles and apparel by combining two approaches. First, we estimate the effect of tariff preferences and rules of origin on the border prices of Mexican final goods exported to the US and of US intermediates exported to Mexico.
Persistent link: https://www.econbiz.de/10008836506