Showing 1 - 10 of 64
The global welfare implications of home market effects in trade models with imperfect competition are little understood. This paper proposes a simple model in which such implications can be easily analyzed. It shows an overall tendency of imperfectly competitive sectors to inefficiently cluster...
Persistent link: https://www.econbiz.de/10010295580
The EU has been a leader in international climate policy. However, due to activities of interest groups, domestic action, an area which the EU has strongly defended, is proving difficult to carry out, particularly for cohesion member states. Although their behaviour resembles free-riding, at...
Persistent link: https://www.econbiz.de/10010295623
Emissions trading schemes on entity level are becoming more and more important in the context of controlling greenhouse gases. The directive on a Europe-wide trading scheme is a prime example. Prior to the start of such a scheme, a number of design features have to be agreed upon. Regarding the...
Persistent link: https://www.econbiz.de/10014058772
Efficiencies have yet not played a prominent role in American merger enforcement policy, although the federal antitrust … agencies and the courts have recognized efficiencies as a factor in merger analysis that may tilt the balance in an otherwise … anticompetitive transaction. A review of the development of the Merger Guidelines and an analysis of the case law reveals that the …
Persistent link: https://www.econbiz.de/10010295347
Die Unternehmen stehen durch die fortschreitende Globalisierung der Weltwirtschaft in einem zunehmend internationalen Wettbewerb, wovon jedoch nicht alle Branchen im gleichen Ausmaß erfasst werden. Determiniert wird der Globalisierungsgrad einer Branche vor allem durch die Höhe der...
Persistent link: https://www.econbiz.de/10010295596
So far, the dominant paradigm in international climate policy has been mitigation while adaptation has been a low-key issue. However, with LDCs starting to push for adaptation side payments it has recently gained importance. The allocation of funds and the definition of adaptation activities are...
Persistent link: https://www.econbiz.de/10010295559
The aim of the paper is to develop a theoretical framework for analyzing regional adjustment processes after idiosyncratic shocks. The model builds on the macroeconomic approach with monopolistic competition on goods and labor markets. It is shown how interregional factor mobility affects...
Persistent link: https://www.econbiz.de/10010295566
This paper analyses in the framework of a 2-region economic geography model the impact of transfers on agglomeration of economic activity. Two main results can be derived: First, subsidies to the activity of firms are more efficient to avoid agglomeration than subsidies to consumers (social...
Persistent link: https://www.econbiz.de/10010295568
This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greater share of economic activity. Not all countries, however, are experiencing...
Persistent link: https://www.econbiz.de/10010295598
Most countries commonly classified as „in transition“ are still recognisably different from other countries with a similar income per capita in some respects: a larger share of their work force is in industry, they use more energy, they have a more extensive infrastructure and invest more in...
Persistent link: https://www.econbiz.de/10010295625