Showing 1 - 10 of 12
a multimarket oligopoly. The author shows that under oligopoly price discrimination, differences in competitive pressure …
Persistent link: https://www.econbiz.de/10012102737
In a small open developing country context, the author considers a three-sector general equilibrium framework and tries to find out the effects of foreign capital inflow on welfare of the country. Comparative-static results show that foreign capital inflow widens the skilled-unskilled wage gap...
Persistent link: https://www.econbiz.de/10011583766
The protection of intellectual property rights (IPR) and the distribution of rent are central issues in R&D-based growth models with the return to innovation serving as the engine of growth. In this paper the authors consider the strength of the intellectual property rights and franchise...
Persistent link: https://www.econbiz.de/10010462546
This study shows that when there is multinational competition for foreign acquisition, the strategic use of a consumer welfare argument in regulating foreign market entry leads to a preemptive foreign acquisition. Even under fierce competition, foreign acquisition will emerge as part of a...
Persistent link: https://www.econbiz.de/10011793247
engine manufacturing provides a case study, and indicates the importance of anti-trust issues as an addition to the theory …
Persistent link: https://www.econbiz.de/10003844221
Climate change is one of the most urgent and severe problems on the international agenda and one of the basic factors that determine sustainability conditions. This paper attempts to reveal the connection between productive base sustainability for two large groups of countries, developed and...
Persistent link: https://www.econbiz.de/10003794427
In this paper we study the welfare effect of a monopoly innovation. Unlike many partial equilibrium models carried out in previous studies, general equilibrium models with non-price-taking behavior are constructed and analyzed in greater detail. We discover that technical innovation carried out...
Persistent link: https://www.econbiz.de/10003933138
This paper surveys the link between imperfect competition and the effects of fiscal policy on output, employment and welfare. We examine static and dynamic models, with and without entry under a variety of assumptions using a common analytical framework. We find that in general there is a robust...
Persistent link: https://www.econbiz.de/10003952882
derive these measures are largely unsatisfactory. The axiomatic theory of indexes does not make clear which economic problem …. For example, the theory of the CPI is usually developed for a single consumer with homothetic preferences and then applied … to a large aggregate of diverse consumers with non-homothetic preferences. In this paper I develop a unitary theory that …
Persistent link: https://www.econbiz.de/10003645139
Using a New Keynesian macro model, the paper reconsiders the question, whether the central banks should directly respond to exchange rate movements. It is assumed that the transmission of monetary policy to output is carried out by the long-term interest rate, which is determined as a sum of...
Persistent link: https://www.econbiz.de/10003629798