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Belleflamme, Paul; Peitz, Martin - 2021

This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the...

Persistent link: https://www.econbiz.de/10013316143

On the Finite Sample Properties of Pre-Test Estimators of Spatial Models

Piras, Gianfranco - 2014

This paper explores the properties of pre-test strategies in estimating a linear Cliff-Ord-type spatial model when the researcher is unsure about the nature of the spatial dependence. More specifically, the paper explores the finite sample properties of the pre-test estimators introduced in...

Persistent link: https://www.econbiz.de/10013054957

Unionisation Triggers Tax Incentives to Attract Foreign Direct Investment

Haufler, Andreas; Mittermaier, Ferdi - 2021

This paper analyses tax competition between a unionised and a non-unionised country for the location of an outside firm. We show that unionisation offers an extra incentive for the government to attract a foreign competitor to a concentrated domestic market, in order to affect the behaviour of...

Persistent link: https://www.econbiz.de/10013316523

Fiscal Transfers in the Spatial Economy

Henkel, Marcel - 2018

Many countries operate pronounced fiscal equalization schemes that shift tax revenue across jurisdictions. We use a general equilibrium model with multiple asymmetric regions, costly trade and labor mobility to carve out the aggregate implications of this policy. Calibrating the model for...

Persistent link: https://www.econbiz.de/10012916533

General Equilibrium with Contracts

Kwon, Suehyun - 2017

This paper studies general equilibrium when workers in the economy are also consumers of final goods. Once a firm and a worker are matched, there is a standard moral hazard problem. However, the firm's profit depends on the price of the good the worker produces, and the price is determined by...

Persistent link: https://www.econbiz.de/10012964063

The Political Economy of Mitigation and Adaptation

Habla, Wolfgang - 2016

In this paper, we acknowledge that the mitigation of and adaptation to climate change have differential fiscal impacts. Whereas mitigation typically raises fiscal revenues, adaptation is costly to the taxpayer and to a greater extent the more distortionary the tax system is. In an OLG model with...

Persistent link: https://www.econbiz.de/10012997332

Capacity Constraining Labor Market Frictions in a Global Economy

Holzner, Christian - 2011

Convex vacancy creation costs shape firms' responses to trade liberalization. They induce capacity constraints by increasing firms' cost of production, leading a profit maximizing firm not to fully meet the increased foreign demand. Hence, firms will only serve a few export markets. More...

Persistent link: https://www.econbiz.de/10013119834

Global Sourcing of Complex Production Processes

Schwarz, Christian - 2011

We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and …

Persistent link: https://www.econbiz.de/10013120903

Shift Working and Trade in Labor Services with Time Zone Differences

Kikuchi, Toru - 2011

Using a two-factor (labor and capital), two-good (shift-working and non shiftworking commodities) model with two countries (Home and Foreign) which are located in different time zones, we highlight the impact of trade in labor services (via communication networks) on the comparative advantage of...

Persistent link: https://www.econbiz.de/10013121206

Globalization and the (Mis)Governance of Nations

Blouin, Arthur - 2013

We analyze whether or not the globalization of capital, ‘disciplines' governments and improves governance. We … demonstrate that globalization affects governance, by increasing a country's vulnerability to sudden capital flight. This … ‘golden straitjacket'. However, globalization may also ‘overdiscipline' governments - resulting in a perverse impact on …

Persistent link: https://www.econbiz.de/10013091699

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