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Coping Strategies in Post-War Rural Mozambique

Brück, Tilman - 2012

This paper analyses post-war coping strategies by farm households in developing countries. The analysis is based on a portfolio model of activity choices in war-affected rural Sub-Saharan Africa. A case study using farm household survey data estimates the determinants of agricultural coping...

Persistent link: https://www.econbiz.de/10014167038

How Strong Buyers Spur Upstream Innovation

Inderst, Roman; Wey, Christian - 2005

We challenge the view that the presence of powerful buyers stifles suppliers´ incentives to innovate. Following Katz (1987), we model buyer power as buyers´ ability to substitute away from a given supplier and isolate several effects that support the opposite view, namely that the presence of...

Persistent link: https://www.econbiz.de/10010260879

Potential gains from mergers in local public transport: an efficiency analysis applied to Germany

Walter, Matthias; Cullmann, Astrid - 2008

that operate partially on a joint tram network. Merger gains are then decomposed into individual technical efficiency …

Persistent link: https://www.econbiz.de/10010265038

The Incentives for Takeover in Oligopoly

Inderst, Roman; Wey, Christian - 2004

We present a model of takeover where the target optimally sets its reserve price. Under relatively standard symmetry … restrictions, we obtain a unique equilibrium. The probability of takeover is only a function of the number of firms and of the … Bertrand models. A takeover is more likely under Bertrand competition if goods are substitutes and more likely under Cournot …

Persistent link: https://www.econbiz.de/10010260718

Mergers & acquisitions and innovation performance in the telecommunications equipment industry

Gantumur, Tseveen; Stephan, Andreas - 2007

to the firm's post-merger innovation performance. …

Persistent link: https://www.econbiz.de/10010264970

Mergers in imperfectly segmented markets

Baake, Pio; Wey, Christian - 2009

. Furthermore, a merger can lead to an equilibrium in which only the high-demand market is served. This is more likely (i) the lower … consumers' transportation costs and (ii) the higher the concentration of the industry. Therefore, merger incentives are much …

Persistent link: https://www.econbiz.de/10010271113

Current account imbalances and structural adjustment in the euro area: how to rebalance competitiveness

Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - 2009

Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...

Persistent link: https://www.econbiz.de/10010271100

EU banks rating assignments: Is there heterogeneity between new and old member countries?

Caporale, Guglielmo Maria; Matousek, Roman; Stewart, Chris - 2010

We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether old and new EU countries are rated differently and to determine whether new ones are assigned lower ratings, ceteris paribus, than old ones. We find that...

Persistent link: https://www.econbiz.de/10010271360

Does the Dispersion of Unit Labor Cost Dynamics in the EMU Imply Long-run Divergence? Results from a Comparison with the United States of America and Germany

Dullien, Sebastian; Fritsche, Ulrich - 2007

Using unit labor cost (ULC) data from Euro area countries as well as US States and German L¨ander we investigate inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models. All in all we cannot reject convergence of ULC growth...

Persistent link: https://www.econbiz.de/10010260904

Nested stochastic possibility frontiers with heterogeneous capital inputs

Erber, Georg; Madlener, Reinhard - 2007

This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or non-neutralities...

Persistent link: https://www.econbiz.de/10010264965