Abstract Each summer milk processors around the country participate in sealed bid procurements for the right to provide public schools with milk throughout the subsequent academic year. School district contracts are an important part of vehicle routing problems that milk processors solve on an...

Purpose – The purpose of this paper is to investigate the phenomena of convergence and stability of leverage reported by Lemmon et al. (2008). Design/methodology/approach – A dynamic trade-off model of the firm was used to simulate investment, leverage, and payout decisions for different...

Purpose – The purpose of this paper is to study how proximity affects the trade-migration link. By focusing on two case studies, France and Egypt, the authors explore if migrants promote and help to deal with market heterogeneity in international markets. Using an ethnic network approach the...

Purpose – The trade cost is a significant factor which restricts the trade potential between two nations. This paper aims to make a measurement of agricultural bilateral trade costs of China. Design/methodology/approach – Based on Novy model, this paper makes a measurement of agricultural...

Abstract The main aim of this paper is to investigate the role of distance in gravity regressions in relation to the missing globalisation puzzle cited by Coe et al. (2002). These authors claimed that the fact that distance coefficients do not fall over time is another puzzle that should have...

Purpose – The purpose of this paper is to investigate the factors which affect the market for international venture capital (VC) investments, relying on comprehensive deal‐level data sources, covering three decades and about 100 countries. Design/methodology/approach – A gravity analysis...

Purpose The aim of this paper first is to go beyond the static effects of bilateral investment treaties (BITs) and empirically estimate the marginal effects of the stock of BITs on foreign direct investment flows. Design/methodology/approach These statistical models use a gravity equation....

Abstract This study examines the welfare implications of allowing border carbon adjustments (BCAs) in a globalized economy characterized by international trade and cross-border pollution (CBP). The model predicts that adopting BCAs is a weakly dominant strategy and global welfare is maximized...

Our paper focuses on the role of endogenous technology and technology spillovers in explaining cross country differences in pollution and the pollution haven effect of international trade. In our North-South trade model, technology is endogenously developed by the North and imitated by the...

Abstract This paper looks at a model in which two countries trade agricultural and manufactured commodities. The manufactured-goods sector produces with increasing returns to scale under conditions of monopolistic competition. It is shown that an increase in land endowment (or an increase in...