The paper compares non-cooperative commodity taxation under the destination and origin principles under a variety of different assumptions about market structure. We consider a model of international duopoly with either quantity or price competition of firms and either segmented or integrated...

We analyze non-cooperative commodity taxation in a symmetric two- country trade model characterized by monopolistic competition and inter- national firm and capital mobility. In this setting, taxes in one country affect foreign welfare through the relocation of mobile firms and through changes...

Zielsetzung des vorliegenden Beitrags ist es, die (europäische) Regionalpolitik aus dem Blickwinkel der Neuen Ökonomischen Geographie kritisch zu beleuchten, wobei ein besonderes Augenmerk der Frage der allokativen Begründbarkeit der Regionalpolitik gilt. Aufbauend auf einer Bestandsaufnahme...

Die Schaffung der Europäischen Währungsunion hatte in wissenschaftlichen Kreisen heftigste Kontroversen ausgelöst. Der vorliegende Beitrag unternimmt, dreieinhalb Jahre nach dem Beginn der Währungsunion, eine Bestandsaufnahme der Entwicklungen in den diesbezüglich zugrunde liegenden...

The robust empirical finding that exporting firms are systematically different from firms that merely serve domestic consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The establishment of a canonical model due to Melitz (2003) has...

The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...

The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...

This paper shows that subsidy competition may be efficiency enhancing. We model a subsidy game among two asymmetric regions in a new trade model, where capital can freely move among regions, but capital rewards are repatriated. We study subsidy competition, starting from an equilibrium where the...