This paper develops a theory of strategic vertical DFI (direct foreign investment) to suggest an explanation for the …-haven effects based on environmental compliance costs might be complicated by such strategic behaviour. The theory provides … particular implications for the empirical research in this area and some broader implications for the theory of DFI. …

markets can make the transition more efficient; 3. In some areas, a too-narrow focus on competition can be detrimental, and … three levels of intervention: 1) competition rules and enforcement should be adjusted to meet the new challenges of the … benefits of competition for efficient resource allocation in the transition. Institutions should not focus solely on static …

We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U … is minimal for intermediate levels of competition, which is inversely parameterized by the extent of product … ; intensity of competition ; experiment …

competition online - an area that up to then seemed to have worked being left to the market. Though the extension of public …-media effects. -- media economics ; two-sided markets ; competition ; public service broadcasting ; public service media …