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'Social Dumping' and Relocation: Is there a Case for Imposing a Social Clause?
Cordella, Tito; Grilo, Isabel - C.E.P.R. Discussion Papers - 1998
Public opinion in Europe seems worried about the effect of lower-wage country competition. In both newspaper articles and in policy debates, the term ‘social dumping’ is becoming more and more popular. In many countries, trade unions worried by the effect of what they call ‘unfair...
Persistent link: https://www.econbiz.de/10005114508
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'Globalization' and Relocation in a Vertically Differentiated Industry
Grilo, Isabel - 2013
decisions, when the removal either of trade barriers or of restrictions on capital outflows/inflows (globalization) allows them … yields the relocation of the whole industry, autarchy is strictly better, in welfare terms, than globalization. It is only … when relocation is a dominant strategy for one (and only one) of the firms, that globalization may be unambiguously welfare …
Persistent link: https://www.econbiz.de/10014215860
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Globalization and Relocation in a Vertically Differentiated Industry
Cordella, Tito - 2007
of trade barriers or restrictions on capital outflows or inflows (globalization) allows them to serve the domestic market …
Persistent link: https://www.econbiz.de/10012778580
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'Social Dumping' and Relocation : Is There a Case for Imposing a Social Clause?
Cordella, Tito; Grilo, Isabel - 2013
Public opinion in Europe seems worried about the effect of lower-wage country competition. In both newspaper articles and in policy debates, the term "social dumping" is becoming more and more popular. In many countries, trade unions worried by the effect of what they call "unfair competition,"...
Persistent link: https://www.econbiz.de/10014213947
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Relaxing Bertrand competition : capacity commitment beats quality differentiation
BOCCARD, Nicolas; WAUTHY, Xavier - Center for Operations Research and Econometrics (CORE), … - 1999
Both product differentiation through quality and capacity commitment have been shown to relax price competition. However, they have not been considered simultaneously. To this end we consider a three stage game where firms choose quality then commit to capacity and finally compete in price. We...
Persistent link: https://www.econbiz.de/10005008568
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Export or merge? : proximity vs. concentration in product space
Muendler, Marc-Andreas - 2013
This paper proposes a proximity-concentration tradeoff in product space as a determinant of horizontal foreign direct investment (FDI). Firms that enter a foreign market by exporting are able to capture consumer surplus from introducing a differentiated product with characteristics that the...
Persistent link: https://www.econbiz.de/10010227197
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Export or Merge? Proximity vs. Concentration in Product Space
Muendler, Marc-Andreas - 2014
This paper proposes a proximity-concentration tradeoff in product space as a determinant of horizontal foreign direct investment (FDI). Firms that enter a foreign market by exporting are able to capture consumer surplus from introducing a differentiated product with characteristics that the...
Persistent link: https://www.econbiz.de/10013060458
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The Decision To Invest In A Low-Wage Country: Evidence From Italian Textiles And Clothing Multinationals
Barba Navaretti, Giorgio; Falzoni, Anna M; Turrini, … - C.E.P.R. Discussion Papers - 2000
In this paper we investigate the firm-specific factors that account for the decision to invest in low-wage countries on the part of Italian firms in the textiles and clothing sector. This analysis is motivated by the fact that our survey data show, between 1990 and 1997, a decline of average...
Persistent link: https://www.econbiz.de/10005792496
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Competition with multinational firms: Theory and evidence
Muraközy, Balázs; Russ, Katheryn Niles - 2015
Do multinational firms wield more market power than their domestic counterparts? Using Hungarian firm-level data between 1993 and 2007, we find that markups are 19 percent higher for foreign-owned firms than for domestically owned firms. Moreover, markups for domestically owned firms are...
Persistent link: https://www.econbiz.de/10011444404
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Competition with multinational firms : theory and evidence
Muraközy, Balázs; Russ, Katheryn Niles - 2015 - Preliminary
Do multinational firms wield more market power than their domestic counterparts? Using Hungarian firm-level data between 1993 and 2007, we find that markups are 19 percent higher for foreign-owned firms than for domestically owned firms. Moreover, markups for domestically owned firms are...
Persistent link: https://www.econbiz.de/10011284902