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The article refers to the interplay between deregulation resp. liberalization of the telecommunications sector and the market behaviour of TC-firms. In the past monopolization of the sector left the PTTs in a comfortable national monopolistic situation, but substantially confined their scope of...
Persistent link: https://www.econbiz.de/10010295590
This paper uses a dataset on the foreign activities by Swedish manufacturing firms to examine the performance of German affiliates compared with affiliates in other locations. It is found that German affiliates, on average, have higher labour productivity, R&D expenditure per employee and...
Persistent link: https://www.econbiz.de/10010295592
The globalisation of the world economy increases international competition among companies. However, not all industries …
Persistent link: https://www.econbiz.de/10010295596
Die Liberalisierung und Integration von Märkten kann zu einer deutlichen Verstärkung negativer externer Effekte der Wettbewerbspolitik der Behörden und der Wettbewerbsstrategien der Unternehmen eines Landes in anderen Ländern führen. Dieser Entwicklung könnte durch eine...
Persistent link: https://www.econbiz.de/10010295604
The environmental integrity of the CDM under the Kyoto Protocol depends on the possibility to avoid giving emission credits to projects that would have happened anyway. Whether and how ?Investment Additionality? of CDM projects has to be determined is currently part of climate negotiations. We...
Persistent link: https://www.econbiz.de/10010295606
thereby also perhaps their influence on the culture world: The ever-increasing proportion of financial decisions made in so …-called 'non-places' and the role of finance in a virtual world. … Finanzzentren der Welt in immer stärkerem Wettbewerb zueinander stehen, und Kultur ist ein bestimmendes Element der …
Persistent link: https://www.econbiz.de/10010295611
This paper argues that global games need global rules. Times of globalisation call for an international framework to regulate efficiently international movements of people. More than ever before, migration is a global phenomenon. This paper discusses the economic necessity of a shift from...
Persistent link: https://www.econbiz.de/10010295618
The choice between foreign direct investment (FDI) and exports has been a recurrent theme in the literature on international trade, yet few studies have analysed this choice at the level of the individual firm. This paper uses a new dataset to study the FDI-versus-exports decision for banks. We...
Persistent link: https://www.econbiz.de/10010295632
When countries, and macroeconomic models, open up to international capital markets, the welfare gains available through completion of financial markets for contingencies potentially are much greater than those available from access to noncontingent international borrowing. Intercasual insurance,...
Persistent link: https://www.econbiz.de/10010295640
We analyze foreigners' and domestic institutional investors' positions in U.S. equities. Controlling for many factors, we uncover a common preference for large firms and firms that are diversified internationally. The domestic preference for internationally diversified firms implies that...
Persistent link: https://www.econbiz.de/10010295674