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In this paper, we investigate the existence of strategic interactions between the former eu 15 countries and the ceecs countries regarding corporate taxes. We thus estimate an empirical model of strategic interactions among 27 European countries over the period 1995-2007 by using gmm. We first...
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Using a database of more than 1,100 firms in the MENA region, this article looks at the determinants of trade credit use. We show that the difficulty of accessing<np pagenum="II"/> bank credit positively influences the use of trade credit, and thus demonstrate the (even imperfect) substitutability of bank credit...
Persistent link: https://www.econbiz.de/10011025464
In this paper, we propose a joint study of trade and financial integration by relying on the Balassa?s [1961] classification, from preferential trading area to complete economic integration. To this end, we consider two approaches based on the behaviour of interest rates: the expectations...
Persistent link: https://www.econbiz.de/10008602689