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Taking global value chains (GVCs) into account has important implications for trade policy. When production is vertically fragmented and trade in intermediate inputs is prevalent, one has to look differently at a certain number of issues. Through case studies, this paper provides new evidence on...
Persistent link: https://www.econbiz.de/10010234211
This paper focuses on knowledge-based entrepreneurship, or new firm creation in industries which are considered to be science-based or to use research and development intensively, in the East Central European (ECE) context. On the basis of case studies of thirteen knowledge-based firms in six...
Persistent link: https://www.econbiz.de/10009229804
The cloud computing model is a modern concept of computation that provides a number of benefits for its adopters. This online computing model has been widely used in the western world and accepted to have some business and economic impacts. This paper provides some basic knowledge about cloud...
Persistent link: https://www.econbiz.de/10009729551
the market. We determine their effects on prices, welfare, and electricity generation for various cases with different … consumer surplus. If excess vehicle batteries can be used for storage, welfare results are reversed: generating firms suffer … to underutilize the storage capacity of the vehicle fleet, which may have negative welfare implications. In contrast, we …
Persistent link: https://www.econbiz.de/10009272595
In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken into account when analyzing the determinants of outward FDI. We combine two firm-specific datasets on German firms with subsidiaries and joint ventures in the Czech Republic,...
Persistent link: https://www.econbiz.de/10003872043
This paper addresses the impact of Multilateral Trade Liberalisation (MTL) on the preferential tariffs granted by the United States. For a given MFN tariff, we model the preferential tariff with a simple linear functional form. We take MTL of the US as known to the world by the end of Uruguay...
Persistent link: https://www.econbiz.de/10008758734
In this paper, we address the impact of multilateral trade liberalisation (MTL) on the preferential tariffs granted by the EU, which is one of the largest traders and one of the biggest contributors to MTL. We empirically address two important questions. First, if the MFN tariff for a product is...
Persistent link: https://www.econbiz.de/10008758736
In part I of this paper, we have presented a general treatment of the welfare effect of an eastern EU enlargement on … of the welfare and distributional consequences of enlargement. Focusing on the Austrian case, we therefore implement an … enlargement. Relying on a Hicksian welfare measure which incorporates both long-run effects and short-run adjustment, our …
Persistent link: https://www.econbiz.de/10009750864
Persistent link: https://www.econbiz.de/10009787012
Persistent link: https://www.econbiz.de/10000322178