This study examines the pattern of abnormal returns for merging companies and rivals to determine investor expectations regarding the impact of horizontal mergers challenged by the government. Prior studies have indicated that the government may have challenged efficiency-enhancing mergers as...

Ireland is the most successful EU economy in attracting export-platform foreign direct investment (FDI), and the increased FDI inflows of the 1990s are widely agreed to have been one of the most important factors in generating the remarkable boom that the country experienced over that decade....

In this paper the reaction of firms to the introduction of environmental charges in a given industry is analysed. Firms may decide either to relocate their plants abroad or to adopt a new environmental-friendly technology. The latter can be either developed by investing in R&D or obtained by...

This paper compares adversarial with cooperative industrial and trade policies in a dynamic oligopoly game in which a home and foreign firm compete in R&D and output and, because of spillovers, each firm benefits from the other’s R&D. When the government can commit to an export subsidy, such a...

In this paper we study the effects of increasing imports and foreign firm supply, as a consequence of trade liberalization policies, on the innovative activities of firms in a small developing economy. This is an interesting case as very little research exists on the R&D investments of firms in...

I consider the implications of recent research for R&D policy in developing countries. Typical new growth models, which assume free entry and no strategic behaviour by R&D producers, are less appropriate for policy guidance than strategic oligopoly models. But the latter have ambiguous...

This paper is concerned with comparing adversarial with co-operative industrial and trade policies in a dynamic oligopoly game in which a home and foreign firm compete in R&D and output and, because of spillovers, each firm benefits from the other's R&D. Because the government cannot commit to...

A tanulmány bemutatja, hogy az új politikai gazdaságtan eredményei miként alkalmazhatók az agrárpolitikák megértésében. Az agrárprotekcionizmus-vizsgálatokból származó, az agrárpolitikák jellemzőire vonatkozó legfontosabb stilizált tények mentén ismertetjük a...

Az Európai Unióhoz való csatlakozással jelképesen és a valóságban a négy szabadságelvhez (az áruk, a szolgáltatások, a tőke és a személyek szabad áramlása) és ezek gyakorlatához is csatlakozik Magyarország. Egy olyan térségbe lép, amely legalább annyira kulturális,...

A piacvédelem nem vám jellegű eszközei a vámok mind erőteljesebb háttérbe szorulásával a nemzetközi piacok felé terjeszkedő vállalatok számára bizonytalan és kiszámíthatatlan értékesítési feltételeket eredményeznek. Az eszközök alkalmazása az esetek többségében...