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This paper explores how trade integration influences the decision by national governments to bailout manufacturing firms. We develop a 2-country model of generalized oligopoly with heterogenous firms and trade costs. High-cost firms are eligible for a bailout while low-cost firms are profitable....
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The aim of this paper is to present a review of the legal, theoretical, and empirical aspects of secessions from an economic perspective. This survey provides interesting insights into recent events such as the Brexit and the threat of secession made for instance by Scotland and Catalonia....
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Developed and developing countries compete to attract firms using various instruments including corporate taxes and environmental regulations. They also commit to international environmental agreements with “common but differentiated responsibilities” (CBDR). We investigate how the...
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