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A challenge for many cartels is avoiding a destabilizing increase in non-cartel supply in response to having raised price. In the case of the German cement cartel that operated over 1991-2002, the primary source of non-cartel supply was imports from Eastern European cement manufacturers....
Persistent link: https://www.econbiz.de/10011443774
This paper uses Granger non{causality tests to analyze if channel competition exists between the companion websites of 93 German newspapers observed between I/1998 and II/2005. It provides econometric evidence for significant negative effects of companion website tra±c on the print circulation...
Persistent link: https://www.econbiz.de/10003224340
-based firms in Germany and the UK, this paper applies logistic regressions and analyses empirically the probabilities of changing …
Persistent link: https://www.econbiz.de/10003225295
This paper investigates whether transfer pricing of intrafirm sales within multinationals represents an important channel of company tax planning. A simple theoretical model, considering profit shifting activities of a multinational company, is used to obtain empirical implications. The...
Persistent link: https://www.econbiz.de/10003401051
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591
innovative technology within this trajectory. As for the diffusion of SC, the paper concentrates on Germany, USA, China and Japan …. The analysis shows that the typical lead market pattern applies only to a limited extent. In the 1960s and 1970s, the USA … has established a lead market for SC technology. In the meanwhile, Japan has surpassed the United States, although it …
Persistent link: https://www.econbiz.de/10003745105
large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH …
Persistent link: https://www.econbiz.de/10003670896
, Germany, Japan and the USA taking into account the different regulation schemes in these countries. We concentrate on … leader in the market segment of low and middle quality boilers, whereas Japan and Germany still dominate the world turbine … only applies to a limited extent. In the 1960s and 1970s, the USA has established a lead market for SC und USC technologies …
Persistent link: https://www.econbiz.de/10009658145
Persistent link: https://www.econbiz.de/10001945539
While emissions trading schemes are developed by nations to mitigate their greenhouse gas emissions, behavioural studies have shown that the political and public acceptability of these market-based instruments depends on the way the associated revenues are used. One option the general public...
Persistent link: https://www.econbiz.de/10011947203