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Foreign direct investment and environmental taxes
De Santis, Roberto A.; Stähler, Frank - 2008
This paper studies the effect of foreign direct investment (FDI) on environmental policy stringency in a two-country model with trade costs, where FDI could be unilateral and bilateral and both governments address local pollution through environmental taxes. We show that FDI does not give rise...
Persistent link: https://www.econbiz.de/10011604967
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The expansion of intra-Asian trade: An analysis of structural patterns and determinants
Langhammer, Rolf J. - 1997
The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub-regions within Asia. Beyond a general trend towards manufactures, it reveals remarkable differences in specialisation profiles between lagging South Asian countries still concentrating on...
Persistent link: https://www.econbiz.de/10010277716
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Regional Determinants of MNE's Location Choice in Transition Economies
Gauselmann, Andrea; Marek, Philipp - 2011
This paper analyses the impact of agglomeration effects, labour market conditions and other determinants on the location choice of MNEs in transition economies. We compare data from 33 regions in East Germany, the Czech Republic and Poland using a conditional logit model on a sample of 4,343...
Persistent link: https://www.econbiz.de/10011435342
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Ownership strategies in post-financial crisis Southeast Asia: The case of Japanese firms
Kawai, Norifumi; Jonas, Manja - 2007
Existing research on entry mode determinants is firmly grounded in the transaction cost and resource-based literature while location-and institution-specific characteristics lack attention. The primary goal of this article is to address the determinants of entry mode by Japanese manufacturing...
Persistent link: https://www.econbiz.de/10010302283
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Which Communities should be afraid of mobility?: the effects of agglomeration economies on the sensitivity of firm location to local taxes
Jofre-Monseny, Jordi; Solé-Ollé, Albert - 2008
. In line with the theory, a municipality with stronger AE experiences lower (higher) tax effects if it is sufficiently …
Persistent link: https://www.econbiz.de/10010264369
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A Note on the Equilibrium Properties of Locational Sorting Models
Bayer, Patrick; Timmins, Christopher - 2003
A central feature of many models of location choice -- whether of firms or households, within or across cities -- is the role of local interactions or spillovers, whereby the payoffs from choosing a location depend in part on the number or attributes of other individuals or firms that choose the...
Persistent link: https://www.econbiz.de/10010369153
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Estimating Equilibrium Models of Sorting across Locations
Bayer, Patrick; Timmins, Christopher - 2003
With the growing recognition of the role played by geography in all sorts of economic problems, there is strong interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or more complicated interactions between individuals or firms...
Persistent link: https://www.econbiz.de/10010369170
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Competition intensity, potential competition and transaction cost economics
Busse, Matthias - 2002
Determinanten des Globalisierungsgrades einer Branche ist die Höhe der Transaktionskosten. Niedrige Transaktionskosten führen … tendenziell zu globalisierten Märkten, hohe Transaktionskosten entsprechend zu segmentierten Märkten. Hinzu kommt, dass … Transaktionskosten auch Auskunft über den Grad des potentiellen Wettbewerbs geben können. Damit erhalten Wettbewerbsbehörden einen …
Persistent link: https://www.econbiz.de/10010295506
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Conflict of law rules and international trade : a transaction costs approach
Kirstein, Roland; Schmidtchen, Dieter; Neunzig, Alexander R. - 2004
Der Beitrag stellt eine auf der Transaktionskosten-Ökonomik basierende Analyse von Kollisionsnormen vor. Hierzu wird …
Persistent link: https://www.econbiz.de/10010296890
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High order compact finite difference schemes for a nonlinear Black-Scholes equation
Düring, Bertram; Fournié, Michel; Jüngel, Ansgar - 2001
A nonlinear Black-Scholes equation which models transaction costs arising in the hedging of portfolios is discretized semi-implicitly using high order compact finite difference schemes. In particular, the compact schemes of Rigal are generalized. The numerical results are compared to standard...
Persistent link: https://www.econbiz.de/10010324085