This Paper studies how economic integration affects transfer pricing, tax policy and welfare, when multinationals are taxed either according to formula apportionment (FA) or separate accounting (SA). It is shown that economic integration induces multinationals to lower their transfer prices...

In this paper we investigate purchasing power parity in the CEE and post-war former Yugoslav countries during the EU integration process in 1994–2006. This work stems from longer-term tests of real exchange rate convergence in the former Yugoslavia. This period is of interest on two fronts:...

Though SAARC has the stated goal of an economic union and a common currency, after a quarter of a century, these remain distant goals as political tensions between India and Pakistan have hindered any real progress on a regional scale. Barriers to trade and factor mobility are high in the region...

The issues of specialisation and spatial concentration are important to economic policy and to the competitiveness of the European Union for several reasons. The literature on trade theory concerning economic integration provides different perspectives on the evolution of specialisation and...

The purpose of this paper is to use a game theoretical approach to analyze tax harmonization, or competition, in a monetary union, more specifically in Europe. Without harmonization, free-riding behaviors may appear, leading to a sub-optimal tax equilibrium. Tax competition may also create...

We study the price convergence of goods and services in the euro area in 2001-2002. To measure the degree of convergence, we compare the prices of around 220 items in 32 European cities. The width of the border is the price di¤erence attributed to the fact that the two cities are in different...

The request for appropriate financial and accounting information in terms of quality is marked by the agency and governance problems which were delineated and commented while trying to find feasible solutions. The paper analyze not only the convergence phenomenon within the managerial...

Integration of the European economies has affected and will continue to affect almost every aspect of both domestic and international affairs of Balkan countries. Growth of intra-European trade, massive international financial flows, and the activities of multinational corporations are tying...

The paper is developing an analysis of the delegation of decisionmaking competencies towards different political levels of the multi-levelgovernance in the European Union. The theory of public choice is used to explain decisions taken by the citizens of the union and the political actors having...

Trade restrictions; border crossing difficulties, and company organizational structures have limited historical cross‐border distribution activity. The result, generally, is two or three independent distribution systems to support North American logistics operations. With the completion of the...