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Sales and Markup Dispersion : Theory and Empirics

Mrazova, Monika - 2019

We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of demand in monopolistic competition. Applications include a new “CREMR” demand function (Constant Revenue Elasticity of Marginal Revenue): it is necessary and sufficient for...

Persistent link: https://www.econbiz.de/10012892151

Globalisation and the mix of wage and profit taxes

Haufler, Andreas; Klemm, Alexander; Schjelderup, Guttorm - 2006

This paper analyses the development of the ratio of corporate taxes to wage taxes using a simple political economy model with internationally mobile and immobile firms. Among other results, our model predicts that countries reduce their corporate tax rate, relative to the wage tax, either when...

Persistent link: https://www.econbiz.de/10010261424

Competition for firms in an oligopolistic industry: do firms or countries have to pay?

Haufler, Andreas; Wooton, Ian - 2007

We set up a model of generalised oligopoly where two countries of different size compete for an exogenous, but variable, number of identical firms. The model combines a desire by national governments to attract internationally mobile firms with the existence of location rents that arise even in...

Persistent link: https://www.econbiz.de/10010264114

Foreign market entry under incomplete contracts

Seidel, Tobias - 2010

I show in this paper that incomplete contracts affect a firm's decision about serving foreign customers through exports or local sales from an affiliated plant. When contracts between two agents within a firm are too costly to write, the share of multinational firms may be higher or lower...

Persistent link: https://www.econbiz.de/10010274741

Corporate tax systems, multinational enterprises, and economic integration

Kind, Hans Jarle; Midelfart, Karen Helene; Schjelderup, … - 2004

Multinational firms are known to shift profits and countries are known to compete over shifty profits. Two major principles for corporate taxation are Separate Accounting (SA) and Formula Apportionment (FA). These two principles have very different qualities when it comes to preventing profit...

Persistent link: https://www.econbiz.de/10010261230

Globalization, Time-Preferences, and Populist Voting

Aronsson, Thomas - 2020

Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics … model links impatience to voters' appraisals of an income shock due to globalization that is associated with short-run costs … and delayed gains. The model shows that impatient individuals may reject further globalization if they are subject to …

Persistent link: https://www.econbiz.de/10012826005

Firm Heterogeneity and the Labour Market Effects of Trade Liberalisation

Egger, Hartmut; Kreickemeier, Udo - 2021

This paper develops a model that incorporates workers' fair wage preferences into a general equilibrium framework with monopolistic competition between heterogeneous firms à la Melitz (2003). By assuming that the wage considered to be fair by workers depends on the productivity and thus the...

Persistent link: https://www.econbiz.de/10013317452

Globalization, redistribution, and the composition of public education expenditures

Baskaran, Thushyanthan; Hessami, Zohal - 2010

We analyze whether globalization affects the composition of public expenditures for education by integrating arguments … towards lower education. In industrialized countries, on the other hand, globalization has an ambiguous effect on the …

Persistent link: https://www.econbiz.de/10010267052

International trade, factor mobility and the persistence of cultural-institutional diversity

Belloc, Marianna; Bowles, Samuel - 2009

Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...

Persistent link: https://www.econbiz.de/10010271869

R&D Spillovers Through RJV Cooperation

Banal-Estañol, Albert - 2020

We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and...

Persistent link: https://www.econbiz.de/10012824822

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