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This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners produce complementary technology advancements, although firms do not co-operate on R&D investment level or in the product market. The equilibrium coalition outcome is either...
Persistent link: https://www.econbiz.de/10010299830
The purpose of this paper is to demonstrate that, for the case of Italy, ceteris paribus, tourist areas tend to have a greater amount of crime than non-tourist ones in the short and long run. Following the literature of the economics of crime à la Becker (Crime and Punishment: An Economic...
Persistent link: https://www.econbiz.de/10010309603
This paper develops an oligopolistic model of international trade with heterogeneous firms and endogenous R&D to examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects of trade liberalization on productivity: (i) a direct...
Persistent link: https://www.econbiz.de/10010296284
We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...
Persistent link: https://www.econbiz.de/10010300296
We study the impact of learning-by-doing with spillovers in competitive markets with free market entry. Within a two period model, we consider first the case where fixed costs are incurred only once, and entry is once and for all. In the second case fixed costs are incurred in each period, and...
Persistent link: https://www.econbiz.de/10010296245
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggest that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10010309835
In order to investigate the effectiveness of science and technology industrial parks (STIPs), this study examines data on high-tech firms within and outside the STIPs in China, while paying special attention to the issues related to agglomeration and congestion. The main finding is that the...
Persistent link: https://www.econbiz.de/10010304687
The author reviews recent studies that investigate how social status concerns influence individual preferences for redistribution and impact the design of optimal tax policies. He focuses on two aspects: the relevant dimension over which relative concerns are defined and the different...
Persistent link: https://www.econbiz.de/10011892499
This paper investigates residents' preferences of investment in cruise tourism, taking its externalities into full … influence residents' perceptions about investing in cruise tourism. Potential positive and negative externalities produced by … components, and if they believe this activity to exert positive welfare, cultural and social externalities. Conversely, residents …
Persistent link: https://www.econbiz.de/10010310644
This paper explains why the approach taken so far to mitigate global climate change has failed. The central reason is an inability to enforce targets and timetables. Current proposals recommending even stricter emission limits will not help unless they are able to address the enforcement...
Persistent link: https://www.econbiz.de/10010298625