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, profit, also investment indicators are studied. The paper consists into the establishment of a processing fruits to prolong … objectives of the investment are to purchase machineries and equipments for processing apples and plums; the purchase of land for … their location, building factory and deposit. The financial objectives refer to investment. The results show the relevance …
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We here expand the static tax competition models in symmetric small regions, which were indicated by Zodrow and Mieszkowski (1986) and Wilson (1986), to a dynamic tax competition model in large regions, taking consideration of the regional asymmetry of productivity of public capital and the...
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I analyze energy-efficiency policy as a prescription of a minimum-efficiency standard for energy-using household goods like cars, building insulation, and home appliances. Such a policy has two effects. At the intensive margin, a household that invests will choose a more efficient device. At the...
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We introduce a model of asymmetric competition where two network operators with different investment costs may build an … operator is allowed to enter the market or not, standard access regulation leads to broader infrastructure coverage than co-investment …
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This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … find that technical progress, which increases the impact of investment on cost reduction, decreases the level of … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …
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