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This paper uses bilateral data on 420 merchandise trade flows between 21 industrial countries are used to estimate standard trade equations. The data set of over 11,000 observations allows the underlying elasticities to be estimated with considerable precision. Remarkably, a single specification...
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This paper expands entry mode literature by referring to multiple modes exerted in different value chain activities within and across host markets, rather than to a single entry mode at the host market level. Scale of operations and knowledge intensity are argued to affect firms' entry mode...
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There are two standard versions for one-shot oligopoly games: the Cournot game and the Bertrand game. The common … of one-shot oligopoly games is zero …
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Combination of forecasts from survey data is complicated by the frequent entry and exit of individual forecasters which renders conventional least squares regression approaches infeasible. We explore the consequences of this issue for existing combination methods and propose new methods for...
Persistent link: https://www.econbiz.de/10012723112
This paper uses a life cycle model to predict the induced entry effects of a reduction in the effective tax rate applied to Social Security Disability Insurance recipients from 100% under the status quo to a 50% tax rate (i.e. $1 dollar benefit reduction for every $2 earned over a disregard...
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