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Internationalization Strategies of Multi-Product Firms : The Role of Technology
Baumgarten, Daniel - 2020
High-performance firms typically have two features in common: i) they produce in more than one country and ii) they produce more than one product. In this paper, we analyze the internationalization strategies of multi-product firms at the product-level. We find that the most productive firms...
Persistent link: https://www.econbiz.de/10012825997
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Congestion in the Electricity Transmission System Redistributes Pollution Across Long Distances
Johnson, Erik - 2020
Electricity transmission redistributes environmental impacts across space. We exploit episodes of high electricity transmission system congestion to explore changes in ambient concentrations of air pollutants in the eastern United States. Reducing electricity system congestion decreases ozone...
Persistent link: https://www.econbiz.de/10012825399
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Welfare Losses of Road Congestion
Russo, Antonio - 2019
We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that accounts for hypercongestion (a situation where congestion decreases a road’s throughput). We show that the external cost – even when roads are not hypercongested...
Persistent link: https://www.econbiz.de/10012867018
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Rational Drivers and the Choice between Congestion Tolls and Tradeable Permits : A Political Economy Model
Borger, Bruno De; Glazer, Amihai; Proost, Stef - 2021
People who anticipate the introduction of a policy can adapt their behavior, perhaps in ways that make the policy ineffective and exacerbate the problem to be addressed. This paper develops a political economy model to study strategic behavior related to the introduction of congestion policies,...
Persistent link: https://www.econbiz.de/10013250739
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Statute law or case law? /
Anderlini, Luca; Felli, Leonardo; Riboni, Alessandro - 2008
In a Case Law regime Courts have more flexibility than in a Statute Law regime. Since Statutes are inevitably … most economic decisions are already taken. Therefore, the advantage of flexibility for Case Law is unavoidably paired with … pairs the lack of flexibility with the ability to commit in advance to a given (forward looking) rule. This solves the time …
Persistent link: https://www.econbiz.de/10010264405
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Investing in biogas: timing, technological choice and the value of flexibility from inputs mix
Corato, Luca Di; Moretto, Michele - 2009
flexible technology allowing for such option. Investment is irreversible and flexibility is costly. The problem is solved …
Persistent link: https://www.econbiz.de/10010266004
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Atomistic congestion tolls at concentrated airports?: seeking a unified view in the internalization debate
Brueckner, Jan Keith; van Dender, Kurt - 2007
The goal of this paper is to bring some unity to the theoretical side of the debate on internalization of airport congestion by showing that all the literature's theoretical results can be derived within one simple and unified framework. The analysis starts by replicating the results of...
Persistent link: https://www.econbiz.de/10010276976
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Media market concentration, advertising levels, and ad prices
Anderson, Simon P.; Foros, Oystein; Kind, Hans Jarle; … - 2011
Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce per-viewer ad prices. The empirical evidence, however, is mixed. We attribute the theoretical predictions to the combined assumptions that there is no advertising congestion and...
Persistent link: https://www.econbiz.de/10010280642
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Brown growth, green growth, and the efficiency of urbanization
Quaas, Martin F.; Smulders, Sjak - 2012
We analyze the efficiency of urbanization patterns in a stylized dynamic model of urban growth with three sectors of production. Pollution, as a force that discourages agglomeration, is caused by domestic production. We show that cities are too large and too few in number in uncoordinated...
Persistent link: https://www.econbiz.de/10010291550
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Excludable and non-excludable public inputs : consequences for economic growth
Ott, Ingrid; Turnovsky, Stephen J. - 2005
Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax and user-cost structure. Our results emphasize the...
Persistent link: https://www.econbiz.de/10010261153