Showing 1 - 10 of 118
holds true, we construct a model of unionized duopoly and examine welfare implications of outward FDI by paying special … attention to the role of domestic competition. We find that the welfare effect of FDI is largely non-monotonic, and there are … indeed such things as 'excessive FDI.' We also show that, when FDI reduces welfare, this negative effect arises more at the …
Persistent link: https://www.econbiz.de/10010332316
of location of duopoly firms affects the welfare of the home country. We characterize the relationship between the …
Persistent link: https://www.econbiz.de/10010332397
entrants increases. Depending on the fixed entry costs and R&D technologies, both insufficient and excess entry can appear. …
Persistent link: https://www.econbiz.de/10010332451
This paper examines the returns to university education in Japan, using tuition, availability of universities, and labor market conditions as instrumental variables. To measure availability of universities, this paper uses total accredited capacity of all universities in the prefecture of...
Persistent link: https://www.econbiz.de/10012013666
This paper examines the returns to university education in Japan, using tuition, availability of universities, and labor market conditions as instrumental variables. To measure availability of universities, this paper uses total accredited capacity of all universities in the prefecture of...
Persistent link: https://www.econbiz.de/10014122122
. Our counterfactual policy analyses suggest that public housing and housing voucher programs have similar welfare … other households' welfare. Some policies' short-run welfare implications can deviate significantly from their long …
Persistent link: https://www.econbiz.de/10012543997
subsidizing their ordinary counterparts to encourage entrepreneurship, enhance intergenerational mobility, and enhance welfare. In …
Persistent link: https://www.econbiz.de/10012544018
As schools worldwide were forced to close due to the COVID-19 pandemic in early 2020, they struggled to switch to online education. Using Japan's nationwide administrative data, we examine the impact of schools' ICT equipment and teachers' IT skills on the provision of online classes,...
Persistent link: https://www.econbiz.de/10014540389
incur enforcement costs to utilize price-matching clauses, the unique equilibrium outcome is the competitive one. …
Persistent link: https://www.econbiz.de/10008602855
This paper investigates the decision problem of an incumbent firm confronted by both a weak and a strong entrant in a differentiated market. Suppose that the incumbent can deter entry of the weak firm, but cannot deter entry of the strong firm by itself. Then the incumbent may allow entry of the...
Persistent link: https://www.econbiz.de/10008602863