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Any form of Brexit will impact heterogeneously in terms of sectors and regions on the competitiveness of firms in both the UK and Europe. The ongoing uncertainty about the conditions under which the UK will be leaving the EU, creates difficulties in structurally estimating these impacts. Using...
Persistent link: https://www.econbiz.de/10012057174
We examine the setting of national competition policy in a two-country setting,emphasizing the relationship of trade to … the goals of competition policy (suchas the degree and nature of competition). The issues we address involve thegeneral … equilibrium distributional effects of competition policy, therelationship of national competition policy to terms-of-trade gains …
Persistent link: https://www.econbiz.de/10011299975
that highlights this interaction. Theory points to an expected linkage between service sector competition and goods trade …
Persistent link: https://www.econbiz.de/10011335218
(cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect … competition, but variation in competitive stance between sectors that matters for trading partners. Beggar …-thy-neighbor competition policies relate to countries' comparative advantages, and hurt the factor intensively used, or specific to, the …
Persistent link: https://www.econbiz.de/10011348345
competition with differentiated products. Consumers have a willingness to pay for more responsibly manufactured products. Firms … agreements directly on the level of CSR reduce CSR efforts compared to competition. Such agreements throttle both for-profit and … requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …
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This paper considers the effects of raising the cost of entry for a potential competitor on infinite-horizon Markov-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids future fixed costs. We focus on the unique...
Persistent link: https://www.econbiz.de/10011372510
Recent laboratory experiments support the popular view that the introduction of corporate leniency programs has significantly decreased cartel activity. The design of these repeated game experiments however is such that engaging in illegal price discussions is the only way for subjects to avoid...
Persistent link: https://www.econbiz.de/10011376529