Why do prices in Spain's regions fail to converge? The prime suspects for this puzzling result are differences in regional barriers to entry in retail distribution. This paper develops a Cournot-Nash model of imperfect competition to illustrate the effect of barriers on prices. A unique data...

This paper extends Grossman and Helpman’s seminal work (1991), and presents an endogenous growth model where innovations created in a high-tech sector may be assimilated or adapted by a low-tech sector. Applying a simple Heckscher-Ohlin framework, the effects of technological diffusion are...

Despite descriptive empirical evidence on start-up numbers and survival rates of young firms, the interaction of market entry decisions and reactions of incumbent competitors is still insufficiently understood in the entrepreneurship literature. Repeated games offer a suitable theoretical...

In dem vorliegenden Beitrag werden am Beispiel des Landes Hessen die Entwicklungsperspektiven von Forstbetriebsgemeinschaften aufgezeigt. Die strukturelle Bedeutung derartiger Zusammenschlüsse für die hessische Forstwirtschaft ist auch daraus ersichtlich, dass gegenwärtig etwa die Hälfte der...