Showing 121 - 130 of 324
The paper studies the performance of joint ventures where upstream firms sell inputs to a production joint venture. It is found that joint ventures lead to overinvoicing of input prices (transfer prices) compared to integrated firms resulting in lower aggregate profits. Tax and tariff policy may...
Persistent link: https://www.econbiz.de/10005207793
In 1988, Becker and Murphy [Becker, G.S., Murphy, K.M., 1988 A theory of rational addiction. Journal of Political Economy, 96, 675-700.] launched a theory in which they proposed that the perspective of rational decision-making could be applied also to cases of addictive bahaviour. This paper...
Persistent link: https://www.econbiz.de/10005207794
In a setting with two differentiated producers and identical retailers, we analyzed whether the producers will have a distribution system with one or several retailers. In contrast to the existing literature, we allow for full foreclosure under both types of distribution systems.
Persistent link: https://www.econbiz.de/10005207795
In empirical productivity analysis it has become customary to use flexible functional forms to represent a firm's production technology by estimating cost functions. In this note we suggest a procedure to calculate the region where an estimated translog cost function meet the required...
Persistent link: https://www.econbiz.de/10005207796
Norwegian registry data is used to investigate the location decisions of a full population cohort of young adults as they complete their education, establish separate households and form their own families. We find that the labor market opportunities and family ties of both partners affect these...
Persistent link: https://www.econbiz.de/10009201040
We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded sectors, affect sector-specific wages, employment levels and aggregate welfare in a two-country model of general oligopolistic equilibrium (GOLE) with partly unionised labour...
Persistent link: https://www.econbiz.de/10009207381
This paper addresses whether children’s exposure to parents receiving disability benefits induces a higher probability of receiving such benefits themselves. Most OECD countries experience an increasing proportion of the working-age population receiving permanent disability benefits. Using...
Persistent link: https://www.econbiz.de/10010547963
Abstract. Considered here is direct exchange of production allowances or input factors. Motivated by practical modelling and compution, we sup- pose every owner or user of such items has a linear technology. The issue then is whether competitive market equilibrium can be reached merely via...
Persistent link: https://www.econbiz.de/10010547964
Using registry data on every employed Norwegian woman giving birth to her first child during the period 1995–2008, we describe patterns of certified and paid sick leave before, during and after pregnancy. By following the same women over time, we can explore how observed sick leave patterns...
Persistent link: https://www.econbiz.de/10010547965
We examine strategies for complying with trade liberalization and GHG emission cuts in agriculture using Norway as an empirical example. Trade liberalization implied by the Doha draft agreement on agriculture in the WTO will not have a major impact on the sector’s Trade missions, since the...
Persistent link: https://www.econbiz.de/10010611658