In spite of its growing importance, the international trade literature has neglected the study of the service sector. This paper seeks to start to bridge that gap by studying the structure of services trade. Specifically, this paper looks into the prevalence of intra-industry trade in this...

It is found that there has been an increase in the volatility of the Mexican stock market over the past decade. However, employment of a GARCH model in conjunction with Tsay's outlier methodology demonstrates that the increased volatility is associated with outliers, not the underlying processes...

Patent expiration represents a turning point for the brand losing patent protection as bioequivalent generic versions of the drug quickly enter the market at reduced prices. In this paper, we study how physician characteristics and their prescribing decisions impact the competition among...