This paper proposes that Tourism Activities can be considered as a technological hub. We will discuss the implementation of the Value Chains Framework in the analysis of the products, services and infrastructure re- lated to tourism activities. The main idea consists of presenting an in-...

I develop a general framework for markup and markdown estimation that allows for profit sharing along value chains without making assumptions on conduct between vertically related firms. I derive the conditions under which the markup and markdown estimates relate to the firms' equilibrium...

Prepared within the framework of the ESEMK project supported by the EU (FP6, Priority 7, CIT-CT-2004-506077 The European Socio-Economic Models of a Knowledge-based society), this paper discusses the linking between the variety of capitalism and the diversity of organisational forms for firms....

Automotive industry is one of the most important industries in the world, which leaves its mark not only on the worl d economy but also on the world culture; it occupies millions of people and generates millions of dollars as overall profits. This industry has revolutionized the twentieth...

Making use of an original dataset we empirically investigate the determinants of state aid to the car industry in the European Union. The EU regulatory system on state aids and the long history of governments' grants to this industry make this an interesting case study. Our findings show that in...

This paper analyzes the Mexican automobile and truck industries, and estimates the long run functional relationship between these industries and the automobile industry in the USA. The methodology consists of a cointegration analysis of the two series in the long run and the estimation of an...