Showing 31 - 40 of 143
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010203405
I study the coexistence of formal and informal finance in underdeveloped credit markets. While weak institutions constrain formal banks, shallow pockets hamper informal lenders. In such economies, informal finance has two effects. By increasing the investment return it decreases borrowers'...
Persistent link: https://www.econbiz.de/10008821863
This paper re-examines the issue of asymmetries in the transmission of shocks to crude oil prices onto the retail price of gasoline. Relative to the previous literature, the distinguishing features of the present paper are: i) use of updated and comparable data to carry out an international...
Persistent link: https://www.econbiz.de/10011596079
We investigate three alternative but complementary indicators of market power on one of the largest online labour markets (OLMs) in Europe: (1) the elasticity of labour demand, (2) the elasticity of labour supply, and (3) the concentration of market shares. We explore how these indicators relate...
Persistent link: https://www.econbiz.de/10013184663
Hundreds of millions of microenterprises in emerging economies face increased competition from the entry and expansion of large firms that offer similar products. This paper studies how one of the world's most prevalent microenterprises, neighborhood shops, confront competition from convenience...
Persistent link: https://www.econbiz.de/10014536676
We analyze firms’ incentives to cluster in an industrial district to benefit from reciprocal technology spillovers. A simple model of cumulative innovation is presented where technology spillovers arise endogenously through labor mobility. It is shown that firms’ incentives to cluster are...
Persistent link: https://www.econbiz.de/10012142257
. If the other country practices free trade, unilateral liberalization by a country yields international mergers whereas if … it practices a restrictive trade policy, national mergers arise. As trade gets bilaterally liberalized, the resulting … equilibrium market structure is the one with international mergers. These results fit well with the fact that global trade …
Persistent link: https://www.econbiz.de/10011591652
This paper examines the determinants of mergers and bankruptcies, using firm level data from the Swiss Business Census … differences in the determinants of mergers and bankruptcies, in particular with respect to firm size, location and the impact of … macroeconomic conditions. Our results support the notion that mergers are often undertaken to seize growth opportunities. -- merger …
Persistent link: https://www.econbiz.de/10002746135
This paper studies cross-border intellectual property rights (IPR) as a North-South contract using a Nash bargaining … from, continue to remain on the list. -- Intellectual Property Rights ; TRIPS ; Nash Bargaining ; Contract …
Persistent link: https://www.econbiz.de/10009535536
This paper investigates the relationship between intra-industry trade (IIT) and immigration flows using a gravity model for the period 2000-2010 between Portugal and European Union’s Member States (EU-27). The present study uses the methodology of Kandogan (2003) for separating IIT into its...
Persistent link: https://www.econbiz.de/10009714371