In attempts to attract foreign investment many developing countries find export processing zones (EPZs) appealing. Namibia, for example, sought to establish an EPZ around the uranium mining town of Arandis. This paper is a critical response to that initiative. It reviews a number of EPZ schemes...

Using a sample of modern international cartels, we analyze the level and determinants of cartel sanctions imposed on the participants of these cartels in a number of antitrust jurisdictions. There is empirical evidence suggesting that gains from collusive conduct outweigh its costs represented...

Using the overcharge estimates for 406 cartel episodes, I evaluate the impact of cartel characteristics and market environment on the size of the overcharges imposed by cartels in different geographic markets and during six antitrust law regimes starting from the 18th century. I find that the...

Using the overcharge estimates for 333 cartel episodes, we evaluate the impact of cartel characteristics and changes in the market and legal environment on the magnitude of overcharges imposed by private cartels in the US and other geographic markets as early as the 18th century. The median...

Using a new firm-level dataset on private and listed firms from 20 countries, we documentfive stylized facts on market power in global markets. First, competition has declinedaround the world, measured as a moderate increase in average firm markups during 2000-2015. Second, the markup increase...

This case recites the history of the Boeing 787 partnering process with suppliers. The case covers the complex web of partnerships Boeing was involved in and how relational issues contributed to the long delay and cost overruns of the program. The reasons behind the global partnering strategy...

Using the overcharge estimates for 395 cartel episodes, we evaluate the impact of cartel characteristics on the size of overcharges imposed by cartels in different geographic markets and during six antitrust law regimes starting from the 18th century. We find that the average overcharge imposed...

Patent application numbers grow exponentially in many industries, a phenomenon that has been linked to high fragmentation of patent ownership. Contradicting these findings and theoretical arguments, we show that such fragmentation is not a precondition for sudden and strong increases in...

This work studies the processes of growth of the worlds top 150 pharmaceutical firms, on the grounds of an original database which also allows disaggregate analysis at the level of single therapeutic classes and chemical entities. Our findings show that the industry - whose long - term evolution...