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What Drives Home Market Advantage?
Cosar, Kerem - 2015
In the automobile industry, as in many tradable goods markets, firms earn their highest market share within their … domestic market. This home market advantage persists despite substantial integration of international markets during the past … several decades. The goal of this paper is to quantify the supply- and demand-driven sources of the home market advantage and …
Persistent link: https://www.econbiz.de/10013012565
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Mergers and Partial Ownership
Foros, Øystein - 2010
In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find that partial ownership arrangements can be more profitable for the acquiring and acquired firm because they can result in a greater dampening of competition. We also derive...
Persistent link: https://www.econbiz.de/10013148773
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The Economics of a Multilateral Investment Agreement
Che, Jiahua - 2012
regime increases worldwide FDI and raises the world interest rate. Distinguishing three groups of countries, we show that …
Persistent link: https://www.econbiz.de/10012754890
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Cross-Country Income Differences and Technology Diffusion in a Competitive World
Irmen, Andreas - 2012
-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the … policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution …
Persistent link: https://www.econbiz.de/10012754962
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Economic Growth and Subjective Well-Being : Reassessing the Easterlin Paradox
Stevenson, Betsey - 2011
The quot;Easterlin paradoxquot; suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear...
Persistent link: https://www.econbiz.de/10012756506
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Political Regime Change, Economic Reform and Growth Accelerations
Jong-A-Pin, Richard - 2011
Using an improved definition and indicator of growth accelerations, we examine whether political regimes, regime changes, and economic reform are related to growth accelerations. Our results show that economic growth accelerations are preceded by economic reforms. Furthermore, we find that...
Persistent link: https://www.econbiz.de/10012756913
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Diasporas
Beine, Michel A. R. - 2009
Migration flows are shaped by a complex combination of self-selection and out-selection mechanisms. In this paper, we analyze how existing diasporas (the stock of people born in a country and living in an another one) affect the size and human-capital structure of current migration flows. Our...
Persistent link: https://www.econbiz.de/10012763995
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International Antitrust Enforcement and Multi-Market Contact
Choi, Jay Pil - 2009
antitrust authorities in each market. We are concerned with how the sustainability of collusion in one local market is affected … cartel in the adjacent market. We further find that the equilibrium in antitrust authorities' enforcement decisions may …
Persistent link: https://www.econbiz.de/10012764270
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The Role of the Log Transformation in Forecasting Economic Variables
Luetkepohl, Helmut - 2009
For forecasting and economic analysis many variables are used in logarithms (logs). In time series analysis this transformation is often considered to stabilize the variance of a series. We investigate under which conditions taking logs is beneficial for forecasting. Forecasts based on the...
Persistent link: https://www.econbiz.de/10012764276
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Active Labor Market Policy Evaluations : A Meta-Analysis
Card, David - 2009
This paper presents a meta-analysis of recent microeconometric evaluations of active labor market policies. Our sample …
Persistent link: https://www.econbiz.de/10012764526