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ICT Development and the Regional vs. Global Strategies of MNEs
Tang, Linghui; Trevino, Len J. - In: Multinational Business Review 18 (2010) 4, pp. 51-70
This paper investigates the impact of information and communication technology (ICT) on the spatial dispersion of FDI …. Using a gravity model, we find that geographic distance remains negative for bilateral FDI activities and ICT advances in … source countries have no statistically significant impact on outward FDI. However, ICT advances in host countries have a …
Persistent link: https://www.econbiz.de/10014931894
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The impact of SMP and EMU on German banking
Lang, Günter - 2000
This study assesses the impact of the single market program (SMP) and the European monetary union (EMU) on the German banking sector. As a main result, the introduction of the EMU can be assessed as more important for the German banking system than the SMP because of the relative liberal...
Persistent link: https://www.econbiz.de/10010291719
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Price discrimination and business-cycle risk
Cornia, Marco; Gerardi, Kristopher S.; Shapiro, Adam Hale - 2011
A parsimonious theoretical model of second degree price discrimination suggests that the business cycle will affect the degree to which firms are able to price-discriminate between different consumer types. We analyze price dispersion in the airline industry to assess how price discrimination...
Persistent link: https://www.econbiz.de/10010292230
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Undocumented worker employment and firm survivability
Brown, J. David; Hotchkiss, Julie L.; Quispe-Agnoli, Myriam - 2008
Do firms employing undocumented workers have a competitive advantage? Using administrative data from the state of Georgia, this paper investigates the incidence of undocumented worker employment across firms and how it affects firm survival. Firms are found to engage in herding behavior, being...
Persistent link: https://www.econbiz.de/10010292269
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Product market reform and innovation in the EU
Griffith, Rachel; Harrison, Rupert; Simpson, Helen - 2006
European Union countries have implemented widespread reforms to product markets in order to stimulate competition, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme (SMP) were associated with increased product market...
Persistent link: https://www.econbiz.de/10010292949
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Optimal corporate leniency programs
Harrington, Joseph E. - 2005
This study characterizes the corporate leniency policy that minimizes the frequency with which collusion occurs. Though it can be optimal to provide only partial leniency, plausible sufficient conditions are provided whereby the antitrust authority should waive all penalties for the first firm...
Persistent link: https://www.econbiz.de/10010293443
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Cartel pricing dynamics in the presence of an antitrust authority
Harrington, Joseph E. - 2002
Price-fixing is characterized when firms are concerned about creating suspicions that a cartel has formed. Antitrust laws have a complex effect on pricing as they interact with the conditions determining the internal stability of the cartel. Dynamics are driven by two forces - the sensitivity of...
Persistent link: https://www.econbiz.de/10010293446
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Optimal cartel pricing in the presence of an antitrust authority
Harrington, Joseph E. - 2001
Price dynamics are characterized when a price-fixing cartel is concerned about creating suspicions of the presence of a cartel A dynamical extension of static models yields the counterfactual prediction that the cartel initially raises price and then gradually lowers it An alternative...
Persistent link: https://www.econbiz.de/10010293483
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The Austrian insurance industry: A structure, conduct and performance analysis
Jedlicka, Lorenz; Jumah, Adusei - 2006
There exist a vast number of studies on the banking industry. However, the insurance industry remains relatively unexplored. Increasingly, Austrian insurance institutions are becoming important as financial intermediaries in the domestic market, and - based on proximity advantage - also in the...
Persistent link: https://www.econbiz.de/10010293738
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Productivity and the product scope of multi-product firms: A test of Feenstra-Ma
Raff, Horst; Wagner, Joachim - 2012
Feenstra and Ma (2008) develop a monopolistic competition model where firms choose their optimal product scope by balancing the profits from a new variety against the costs of cannibalizing sales of existing varieties. While more productive firms always have a higher market share, there is no...
Persistent link: https://www.econbiz.de/10010294493