This article analyses a model in which a local monopolist that produces low-quality goods competes against a foreign competitive industry that produces a higher quality version of the goods. We use the model to analyse the welfare implications of introducing a unit tax on the local producer,...

This article reports empirical findings on the convergence of the government debt to Gross Domestic Product (GDP) ratio of seven Central and Eastern European (CEE) member states of the European Union (EU) to the European Monetary Union (EMU) over the period 2000 to 2010. This study tests...