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Different empirical studies confirm that individuals consider environmental quality in their location choices. Nonetheless, little attention has been devoted to the role of transboundary pollution in the agglomeration or spreading of economic activities. This contribution introduces...
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[eng] The aim of this paper is to provide an analytical explanation of the dynamics of world pharmaceutical industry confronted to biotechnology. The articulation through time between co-operative agreements, mergers and innovation decisions of large pharmaceutical firms is analysed using a...
Persistent link: https://www.econbiz.de/10008607660
[eng] Innovation and Long Term Evolution of Industries This article presents the new developments in industry life cycle analysis, compared to the basic model of Gort and Klepper [1982]. In a context where industry life cycle models are back at the centre stage of the economic literature, the...
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Using a model of probabilistic voting, we analyse the impact of aid on the political equilibrium in the recipient country or region. We consider two kinds of politicians: the benevolent one is interested in promoting social welfare whereas the other one is clientelistic, his only goal being to...
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