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Competition for Viewers and Advertisers in a TV Oligopoly
Kind, Hans Jarle; Nilssen, Tore; Sorgard, Lars - 2021
We consider a model of a TV oligopoly where TV channels transmit advertising and viewers dislike such commercials. We show that advertisers make a lower profit the larger the number of TV channels. If TV channels are sufficiently close substitutes, there will be underprovision of advertising...
Persistent link: https://www.econbiz.de/10013317313
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Globalization and Executive Compensation
Keller, Wolfgang - 2017
This paper identifies globalization as a factor behind the rapid increase in executive compensation and inequality over … executive compensation, indicating that globalization is influencing compensation through pay-for-non-performance. Furthermore … firms with poor corporate governance, as one would expect if globalization has enhanced rent-capture opportunities. Overall …
Persistent link: https://www.econbiz.de/10012942995
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Managers as Knowledge Carriers - Explaining Firms' Internationalization Success with Manager Mobility
Meinen, Philipp - 2018
How does “what managers know” affect firm performance on international markets? This question is of considerable …, stems from the experience of doing it. Therefore, different employers immensely contend for managers' highly valuable export … experience. As managers can accept better and better positions from several offers, they may become highly mobile, thus having a …
Persistent link: https://www.econbiz.de/10012912671
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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 global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10013120903
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Manufacturers and Retailers in the Global Economy
Raff, Horst - 2011
We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in order to understand how these two industries interact and how labor is allocated between them. We show that the observed shift in employment from manufacturing to retailing, the...
Persistent link: https://www.econbiz.de/10013122636
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Financial Integration, Globalization, and Real Activity
De Nicolo, Gianni - 2013
distinct impact of financial integration and globalization on several dimensions of real activity. We find that: financial … financial integration predict better growth prospects; both advances in financial integration and globalization are associated … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …
Persistent link: https://www.econbiz.de/10013091562
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What Drives the Global Land Rush?
Arezki, Rabah - 2013
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10013092012
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Distance, Globalization, and International Trade
Borchert, Ingo - 2017
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …
Persistent link: https://www.econbiz.de/10012963770
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Global Engagement and Returns Volatility
Girma, Sourafel - 2016
This paper uses high-frequency data for publicly-listed Japanese manufacturing firms over the period 2000 to 2010 to show that a greater reliance on foreign market sales increases the conditional volatility of firms' stock returns. The two margins of global engagement we consider, namely,...
Persistent link: https://www.econbiz.de/10013000911
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A Simple Model of Globalization, Schooling and Skill Acquisition
Davidson, Carl - 2013
worse. Globalization impacts educational behavior and labor market outcomes differently as the extent of firms engaged in …
Persistent link: https://www.econbiz.de/10013075958