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With the enlargements of the European Union in the East in 2004 and 2007, the regional economic disparities increased profoundly and an effort of solidarity between states was necessary. This paper proposes to identify between the explanatory factors at the origin of the uneven distribution of...
Persistent link: https://www.econbiz.de/10011260332
The aim of this article is to replace the question of the last two enlargements in the debate on the future of the cohesion policy. The interest is to estimate the process of the spatial expression of the convergence and the regional growth in the EU. The spatial statistics and the platform of...
Persistent link: https://www.econbiz.de/10011111278
This paper aims to take into account the increasing weight of Eastern Europe in European car production. Through the product life-cycle theory and the Dunning model, recent foreign direct investment and the location of new plants are seen as new steps in enlarging the productive space of...
Persistent link: https://www.econbiz.de/10011112573
The measure of the regional disparities in the European Union was widely approached on the literature. Recent years have seen a spate of studies taking into account the spatial aspect of data in the analysis of convergence from an empirical viewpoint, or integrating spatial interdependencies...
Persistent link: https://www.econbiz.de/10010740383
The purpose of this paper is to introduce the simulation platform Geocells. For modelling the uncertain efficiency of the regional policy we had set up a cellular automata. An application of this model focuses on the European regions’ behaviour according to the variation in aid granted by...
Persistent link: https://www.econbiz.de/10011132051
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...
Persistent link: https://www.econbiz.de/10010860227
We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low marginal cost. The model can explain many of the...
Persistent link: https://www.econbiz.de/10010860228
This paper reports data from a laboratory experiment on two-period moral hazard problems. The findings corroborate the contract-theoretic insight that even though the periods are technologically unrelated, due to incentive considerations principals can benefit from offering long-term contracts...
Persistent link: https://www.econbiz.de/10010860229
We study a continuous-time game of strategic experimentation in which the players try to assess the failure rate of some new equipment or technology. Breakdowns occur at the jump times of a Poisson process whose unknown intensity is either high or low. In marked contrast to existing models, we...
Persistent link: https://www.econbiz.de/10010860230
We study endogenous group formation in tournaments employing experimental three-player contests. We find that players in endogenously formed alliances cope better with the moral hazard problem in groups than players who are forced into an alliance. Also, players who are committed to expending...
Persistent link: https://www.econbiz.de/10010860231