Showing 1 - 10 of 52
This paper compares profits and consumer surplus under non-cooperation and collusion in the product market when the firms have the option for R&D before production. We show that whether R&D investment would be higher under non-cooperation or product market collusion depends on the R\&D...
Persistent link: https://www.econbiz.de/10005412980
Extending and combining concepts from consumer surplus of product availability and personalization strategies under privacy concern we made a model to comprehend and justify the reasons for the increase in the spending on online advertisements. We inductively found that with higher capability to...
Persistent link: https://www.econbiz.de/10005556707
Using on-site survey data from Gros Morne National Park in Newfoundland, this paper estimates and compares several truncated count data models of recreation demand. The model that not only accounts for the truncated and overdispersed nature of the data but also for endogenous stratification duet...
Persistent link: https://www.econbiz.de/10005119149
This paper looks at the impact on Australia’s trade in crops (non-wheat grains and oilseeds) where GM technology has …’s trade position. …
Persistent link: https://www.econbiz.de/10005407855
Rules of origin arrangements under the Australia–New Zealand Closer Economic Relations Trade Agreement (CER) were … report recommended that the CER rules of origin, which confine access to trade concessions to goods produced in Australia or …
Persistent link: https://www.econbiz.de/10005408017
There is a considerable body of analysis available that aims to quantify the economic and trade effects of textile and …. Different tools and approaches have thereby been used to evaluate the impacts of textile trade reform at the regional or global … textiles and clothing production and trade as the Agreement on Textiles and Clothing (ATC) is implemented. There is pressure …
Persistent link: https://www.econbiz.de/10005408060
Our paper decomposes knowledge-diffusing trade flows and estimates their impacts separately. Overall, trade generates … positive knowledge spillovers, but the effects of intra-industry trade are ambiguous. With regard to sectoral import … significant positive spillover effects of intra-industry trade that corresponds to international outsourcing. …
Persistent link: https://www.econbiz.de/10005408066
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It … declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that … money has nothing to do with traded output, but everything to do with storing value. But now a new trade theory takes over …
Persistent link: https://www.econbiz.de/10005408069
Is the pattern of trade correlated with cross-sector differences in job turnover? Theoretically, external shocks feed …
Persistent link: https://www.econbiz.de/10005408072
The Hayek Hypothesis holds that prices contain enough information to direct the resources in the economy to their most efficient use. In a series of experiments, Vernon Smith [1987] found that with the right trading institutions, a market with agents that know only their own valuations of a good...
Persistent link: https://www.econbiz.de/10005408233