Showing 1 - 10 of 42
This paper proposes classical business cycle turning points for a number of countries based on industrial production. The countries selected are the G7 together with most major European countries. This information enables us to examine the international nature of cyclical movements. In...
Persistent link: https://www.econbiz.de/10005662258
This paper analyses the transmission of productivity shocks across countries and how the responses of investment and the current account differ depending on the degree of propagation of the shocks. We explore both issues by estimating a structural model for Japan, the United States and Europe....
Persistent link: https://www.econbiz.de/10005123648
This paper is a first attempt to analyse the determinants of inter-firm R&D agreements between advanced and developing countries, i.e. between firms with asymmetric endowments of knowledge. It shows that international dispersion of R&D activity by multinationals also concerns developing...
Persistent link: https://www.econbiz.de/10005124163
This paper investigates the effects of introducing household production in an international real business cycle model. We show how a model driven by disturbances to the household production can account for some features of international cycles. A version of the model which considers shocks to...
Persistent link: https://www.econbiz.de/10005504316
We apply a simple method to study the relative quality of Chinese versus European products exported in the clothing … change of export prices and quantities sold in narrowly defined product categories as an indicator of quality shifts. Using … indication of China moving up the quality ladder in its clothing exports relative to the EU. While European ‘core’ products in …
Persistent link: https://www.econbiz.de/10009399710
This paper characterizes price competition between an expert and a non-expert. In contrast with the expert, the non-expert’s repair technology is not always successful. Consumers visit the expert after experiencing an unsuccessful match at the non-expert. This re-entry affects the behaviour of...
Persistent link: https://www.econbiz.de/10005662068
perfection has been achieved the individual will aim for higher quality since the effort is more likely to be worthwhile. Because … standards may nonetheless decline. This mechanism is captured in an oligopoly model, where the failure rate and the quality are …
Persistent link: https://www.econbiz.de/10005666828
providers of contents incentives to invest in higher quality and, as a result, force competitors to reduce their prices …
Persistent link: https://www.econbiz.de/10005789055
We present a model of optimal contracting between a purchaser and a provider of health services when quality has two … dimensions. We assume that one dimension of quality is verifiable (dimension 1) and one dimension is not verifiable (dimension 2 … quality 1 increases or decreases the provider's marginal disutility and the patients' marginal benefit from quality 2 (i …
Persistent link: https://www.econbiz.de/10005791404
-stage model with quality choice made before price competition takes place, we show that EU anti-dumping policy that takes the form … impact of the A-D policy on quality choices is taken into account, European Welfare as well as profits accruing to the …
Persistent link: https://www.econbiz.de/10005791460