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A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10012770493
We set up a model of generalised oligopoly where two countries of different size compete for an exogenous, but variable …
Persistent link: https://www.econbiz.de/10013317085
We study optimal pollution abatement under a mixed oligopoly game when firms engage in emissions-reducing R&D that is … imperfectly appropriable. The regulator uses a tax to curb emissions. Results show that in a mixed oligopoly, the public firm has … certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …
Persistent link: https://www.econbiz.de/10012921210
advanced abatement technology in a Cournot oligopoly. We examine multistage games where the government may intervene in order … efficient technology even in the absence of taxation. When taxation is necessary for innovation, both types of taxes are … effective. However, the energy tax outperforms the emission tax in terms of innovation incentives …
Persistent link: https://www.econbiz.de/10012979600
theory, which indicates that increases in firms' export size change the buyer's and seller's preferences over currency …
Persistent link: https://www.econbiz.de/10013011644
If conventional instruments of strategic trade policy are unavailable, the system of foreign profit taxation and transfer price guidelines may serve as surrogate policy instruments. In this paper, I consider a model where firms from two countries compete with each other on a third market. I...
Persistent link: https://www.econbiz.de/10013142500
This paper sets up a general oligopolistic equilibrium trade model for two integrated countries that are similar in all respects except of the prevailing labor market institutions. In one country, the labor market is perfectly competitive, while in the other country labor unions are active in a...
Persistent link: https://www.econbiz.de/10013119394
This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers …
Persistent link: https://www.econbiz.de/10013124388
This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and …
Persistent link: https://www.econbiz.de/10013000218
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10012926563