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Vertical integration followed by quantity competition is studied. The downstream firms simultaneously decide whether to integrate with one of the upstream suppliers. If firms are not able to observe whether the vertically integrated competitor enters the intermediate good market, they are...
Persistent link: https://www.econbiz.de/10005134468
internationalizing. This study considers the internationalization efforts of a sample of Lithuanian manufacturing SMEs. Specifically, it … examination of the degree of internationalization and its dependence on company age, size, risk aversion, commitment toward … internationalization and knowledge acquisition. It is revealed that as yet, Lithuanian SMEs are in a state of uncertainty, and rely on …
Persistent link: https://www.econbiz.de/10005412870
internationalizing. This study considers the internationalization efforts of a sample of Lithuanian manufacturing SMEs. Specifically, it … examination of the degree of internationalization and its dependence on company age, size, risk aversion, commitment toward … internationalization and knowledge acquisition. It is revealed that as yet, Lithuanian SMEs are in a state of uncertainty, and rely on …
Persistent link: https://www.econbiz.de/10005561410
financial globalization. To achieve true financial globalization, an important requirement is the creation of a worldwide single …
Persistent link: https://www.econbiz.de/10005408045
We examine how globalization affects trade patterns and welfare when conflict prevails domestically. We do so in a …
Persistent link: https://www.econbiz.de/10005408071
This paper analyzes the impact of globalization on social spending in Latin America. It shows that trade integration …
Persistent link: https://www.econbiz.de/10005412487
This paper examines the desirability and feasibility of replacing the present system of personal and corporate income, sales, excise, capital gains, import and export duties, gift and estate taxes with a single comprehensive revenue neutral Automated Payment Transaction (APT) tax. In its...
Persistent link: https://www.econbiz.de/10005412498
capital markets in the first era of financial globalization. To test whether the gold standard worked as a credible commitment …
Persistent link: https://www.econbiz.de/10005412741
Some economists have argued that the process of disintegration of the world economy between the two World Wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...
Persistent link: https://www.econbiz.de/10005076560
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …
Persistent link: https://www.econbiz.de/10005076616