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The paper considers the line city model of spatial competition with the exogenous Stackelberg competition. With low transport costs, firms' equilibrium locations are in the center of the market. The leader profit is twice as big as the follower's profit, the price is minimum and the quantity is...
Persistent link: https://www.econbiz.de/10011259192
The paper considers the influence of federal government expenditures and transfers on interregional convergence in gross regional product (GRP) per capita and wages in Russia over 2005?2011. Such an influence is not found. The federal government's policy was reactive and was not focused on...
Persistent link: https://www.econbiz.de/10011075963
The paper considers the influence of federal government expenditures and transfers on interregional convergence in gross regional product (GRP) per capita and wages in Russia over 2005--2011. Such an influence is not found. The federal government's policy was reactive and was not focused on...
Persistent link: https://www.econbiz.de/10011110902