We explore international rent-shifting when a domestic firm and a foreign rival compete in the domestic market. To serve the market, the foreign firm has to acquire a production technology through either R&D or licensing obtained from the domestic firm. In the presence of both R&D and licensing,...

We explore the carbon emissions of the world’s five highest carbon emitters by applying the shared responsibility (SR) criterion, under which both producers and consumers share the responsibility for emissions. Using the SR method based on the value-added approach, we can investigate carbon...

Common wisdom suggests that entry reduces profits of the incumbentfirms. On the contrary, we show that if the incumbents differ in marginal costs and theentrants behave like Stackelberg followers, entry may benefit the incumbents who arerelatively cost efficient while it always hurts the cost...