The completion of the European Single Market should bring out an exploitation of comparative advantages in production and trade. It is usually assumed that, given the predominance of intraeuropean trade flows in the global import figures of the European Union, efficiency gains from trade...

The purpose of this paper is to invetigate the demand and its composition between home-produced and imported for alcoholic beverages in Cyprus.

In the analysis of the technological factors and competitive structure of the branch are used principles and approaches of the strategic positioning. The results from the study confirm the necessity for development of the internal technological advantages as a base for increasing the competitive...

We offer the first direct evidence of an implicit contract in a goods market. The evidence we offer comes from the market for Coca-Cola. We demonstrate that the Coca-Cola Company left a substantial amount of written evidence of its implicit contract with its consumers—a very explicit form of...

We combine two data sets to study price rigidity. The first consists of weekly time series of retail, wholesale, and spot prices for twelve products. These time series contain two exogenous cost shocks. We find that prices exhibit more rigidity in response to the second shock than the first. The...

Focusing on the issue of food safety, the authors consider a framework of repeated purchases where adverse selection from imperfect information on product quality exists. Countries are characterized by their unequal ability to control quality.

Modern society, that constantly go through now, requires companies to act in an unstable environment more complex and risky. These features, not encouraging for ‘health’ of economic agents acting on the market, is due to structural changes affecting transactions, accelerating...

Il contesto in cui l’industria agroalimentare italiana si trova a operare sta rapidamente cambiando e divenendo sempre più complesso, condizionato da vari fattori. Questi cambiamenti pongono alle imprese domande cruciali. In particolare, in un ambiente sempre più turbolento e difficile...