In 1999 the EU abolished duty-free on intra-EU travel, whilst other countries still retain duty-free shopping for international travellers. We adress several aspects of duty-free trade, including effects on consumption, revenue and price-setting. From a global perspective we identify the...

Governments around the world are deeply divided about the proper role of industrial policy, with some politicians arguing for hands-off governance and others supporting government intervention to promote ""national champions""-- firms that receive government support for both political and...

Cover -- Contents -- Series Foreword -- Acknowledgments -- Contributors -- I Introduction -- 1 Arguments for and against Policies to Promote National Champions -- II Analyses in Dynamic Settings -- 2 Some Thoughts on Industrial Policy and Growth -- 3 National Champions and Economic Growth -- 4...

Soll die Industrie- und Wettbewerbspolitik zentral oder dezentral, durch die Europäische Gemeinschaft oder auf regionaler Ebene betrieben werden? Das Werk behandelt die Frage wirtschaftstheoretisch und leistet damit einen wesentlichen Beitrag für die politische Diskussion. Für Volkswirte im...