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The rise and fall of regional inequalities

Puga, Diego - London School of Economics (LSE) - 1996

This paper analyses how the degree of regional integration affects regional differences in production structures and income levels. With high transport costs, industry is spead across regions to meet final consumer demad. As transport costs fall, increasing returns interacting with labour...

Persistent link: https://www.econbiz.de/10010745635

Urbanisation patterns: European vs less developed countries

Puga, Diego - London School of Economics (LSE) - 1996

We develop a model in which the interaction between transport costs, increasing returns, and labour migration across sectors and regions creates a tendency for urban agglomeration. Demand from rural areas favours urban dispersion. European urbanisation took place mainly in the XIX Century, with...

Persistent link: https://www.econbiz.de/10010746563

Risk averse supervisors and the efficiency of collusion

Faure-Grimaud, Antoine; Laffont, Jean-Jacques; … - London School of Economics (LSE) - 2002

This paper studies the efficiency of collusion between supervisors and supervisees. Building on Tirole (1986)’s results that deterring collusion with infinitely risk averse supervisors is impossible, while it is costless to do so under risk neutrality, we develop here a theory of collusion...

Persistent link: https://www.econbiz.de/10010928620

A theory of supervision with endogenous transaction costs

Faure-Grimaud, Antoine; Laffont, Jean-Jacques; … - London School of Economics (LSE) - 1998

We propose a theory of supervision with endogenous transaction costs. A principal delegates part of his authority to a …

Persistent link: https://www.econbiz.de/10010928775

A proposal for an open-source financial risk model

Ho Hwang, Jong - London School of Economics (LSE) - 2013

This paper presents a policy proposal for building a new framework for gathering, measuring and disclosing financial risk information in the global economy. The paper examines the current state of the financial risk framework, notes its advantages and disadvantages and proposes a new construct...

Persistent link: https://www.econbiz.de/10011163501

Trade liberalization, outsourcing, and firm productivity

Ossa, Ralph - London School of Economics (LSE) - 2007

outsourcing as firms focus on their core competencies in response to tougher competition. Since firms are the better at performing … tasks the closer they are to their core competencies, this outsourcing increases firm productivity. Moreover, I also … investigate the links between various technological parameters and outsourcing. In particular, I analyze how technological …

Persistent link: https://www.econbiz.de/10010745324

Outsourcing and offshoring engineering projects: understanding the value, sourcing models, and coordination practices

Willcocks, Leslie P.; Oshri, Ilan; Kotlarsky, Julia; … - London School of Economics (LSE) - 2011

In this paper, we review recent developments in the field of outsourcing and offshoring and the implications for … engineering management. We examine three aspects involved in outsourcing and offshoring, namely, sourcing models, coordination …, and value extracted from outsourcing projects. We conclude that additional research is needed on recent trends in …

Persistent link: https://www.econbiz.de/10010745387

Off-shoring of business services and de-industrialization: threat or opportunity - and for whom?

Robert-Nicoud, Frédéric - London School of Economics (LSE) - 2006

This paper takes a new look at the issue of overseas sourcing of services. In framework in which comparative advantage is endogenous to agglomeration economies and factor mobility, the fragmentation of production made possible by the new communication technologies and low transportation costs...

Persistent link: https://www.econbiz.de/10010746721

The determinants of intrafirm trade: evidence from French firms

Corcos, Gregory; Irac, Delphine M.; Mion, Giordano; … - London School of Economics (LSE) - 2013

How well does the theory of the firm explain the choice between intrafirm and arms' length trade? This paper uses firm-level import data from France to look into this question. We find support for three key predictions of property-rights theories of the multinational firm. Intrafirm imports are...

Persistent link: https://www.econbiz.de/10011125894

Internationalization and innovation of firms: evidence and policy

Altomonte, Carlo; Aquilante, Tommaso; Békés, Gábor; … - London School of Economics (LSE) - 2014

We use a representative and cross-country comparable sample of manufacturing firms (EFIGE) to document patterns of interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France, Germany, Hungary, Italy, Spain, United Kingdom). We...

Persistent link: https://www.econbiz.de/10011126527