Competitive aggressiveness is analyzed in a simple spatial oligopolisticcompetition model, where each one of two firms supplies two connectedmarket segments, one captive the other contested. To begin with, firmsare simply assumed to maximize profit subject to two constraints, one relatedto...

In this paper we analyze how the technology used by downstream firms can influence inputand output market prices. We show via an example that both these prices increase under adecreasing returns technology while the contrary holds when the technology is constant....

This paper provides an analysis of legal insider trading on the Euronext Amsterdamstock exchange by using data published in the register held by the AFM, the dutchfinancial markets authority. The sample includes 822 transactions executed bycorporate insiders between the beginning of January 1999...

We analyze the relationship between Antidumping (AD) Protection and the productivity ofEU domestic firms in import-competing industries. For this purpose we identify a panel ofdomestic firms between 1993 and 2003 that at some point during this period are affected byAD initiations. Using a...

We analyze the equilibrium and the optimal resource allocations in a monocentric city undermonopolistic competition. Unlike the constant elasticity of substitution (CES) case, wherethe equilibrium markups are independent of the city size, we present a variable elasticity ofsubstitution (VES)...

Recent theoretical models predict gains from international trade coming from intra-industryreallocations, due to a firm selection effect. In this paper we answer two related questions. First, whatis the magnitude of this selection effect, and how does it compare to that of intra-national trade...

We analyze the effect of collective action vs green/environmentally aware consumers onambient environmental quality and market equilibrium. We consider a model with twotypes of consumers who differ in their willingness-to-pay for a good available in twodifferent environmental qualities, and two...

We derive an R&D-based semi-endogenous growth model where technological progressdepends on the available amount of technological opportunity. Incremental innovationsprovide direct increases in the knowledge stock but they reduce technological opportunityand thus the potential for further...

In this paper, we address the incentives to invest in environmental innovation of enterprisesthat exercise market power in the output market and also buy and sell pollution permits.Differently from the existing literature, using a market approach we explicitly model theinteraction between the...

In this paper we study the integration of production, transportation and storage decisions ina multi plant-distribution center supply chain structure. Multiple plants produce one type ofitem, each of them with different production capacity and costs, and send finished goods tothe distribution...