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If taxes are the same across countries and no tariffs are imposed on international trade, the optimal strategy of a … multinational firm is to set transfer prices at marginal costs of its affiliated firms. But in reality we observe trade tariffs and … gross value added and export prices are artificially overvalued in low tax countries and artificially undervalued in high …
Persistent link: https://www.econbiz.de/10005036649
This paper deals with the recent empirical phenomenon of intraindustry trade, i.e. trade in similar goods between similar countries. It treats this phenomenon from the point of view of the theory of structure of production, highlighting the importance of sequential nature of production and...
Persistent link: https://www.econbiz.de/10005036701
The spatial and regional analysis has a long tradition but until very recently the mainstream economics has not given careful attention to space. This article surveys recent contributions on the spatial or regional economics, which often overlaps with urban economics. As this literature is very...
Persistent link: https://www.econbiz.de/10008752944
Continuing concentration of retail chains with prevailing assortment of fast moving consumer goods is empirically visible tendency present in Europe, overall consolidation of chains on saturated markets in situation of reserved consumer optimism is inavoidable. Such circumstances enable changes...
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