Showing 1 - 10 of 1,057
Persistent link: https://www.econbiz.de/10011274991
Coase (1946) rejected the superiority of Hotelling-Lemer solution upon average-cost pricing in face to fmance a nationalized monopoly due to taxes being distortionary. In this paper, we show that this conjecture is not general1y true. According to the utilitarian criterion, we find a...
Persistent link: https://www.econbiz.de/10008550408
Since 1950 Nash solution has been applied to solve most bargaining problems in the field of Labor Economics. In the present paper we show that this solution might not be appropriateunder uncertainty over the state of nature and a fixed labor supply due to the non-fulfilment of the concavity...
Persistent link: https://www.econbiz.de/10005731188
The effect of ad valorem and specific taxes has been studied in a partial equilibrium context. It has been found that under imperfect competition ad valorem tax dominates specific in terms of production, revenue, profits and consumers' surplus. Using Caminal's (1990) model and the Dellipalla and...
Persistent link: https://www.econbiz.de/10008602588
Dixon (1987) and Mankiw (1988) using a non-competitive general equilibrium model with Cobb-Douglas preferences, constant marginal costs and lump-sum taxes, found that the Balanced Budget Multiplier is monotonic increasing with market power, reaching the textbook unitary value in the limiting...
Persistent link: https://www.econbiz.de/10008602612
This paper makes a proposal for a taxonomy of boundary changes in Spanish municipalities along time. The different types of changes are organized in a hierarchy, as well as represented in a homogeneous manner, independently of the number of municipalities involved and of the changes suffered....
Persistent link: https://www.econbiz.de/10010986704
This paper provides empirical evidence on the relationship between indicators of competitive pressure and innovation incentives using panel data of Spanish manufacturing firms for the period 1990-2006. Instead of using standard indicators of competition, such as market concentration measures or...
Persistent link: https://www.econbiz.de/10010860691
Persistent link: https://www.econbiz.de/10010860692
During the years of crisis, Spain’s autonomous communities have experienced a significant general increase in their deficits and, until 2012, have had severe difficulties to control them. Their debts have grown strongly and are considered the most worrying element of Spain’s public finance...
Persistent link: https://www.econbiz.de/10010860693
This paper aims to contribute to the literature on New Economic Geography by providing empirical evidence for the connections between new trade theory and the spatial distribution of economic activities. To do this, we apply Social Network Analysis specifically to the World Automotive Trade...
Persistent link: https://www.econbiz.de/10010860694