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Coexceedance in the US and the UK Stock Markets : An Analysis of Contagion During the 2007-2009 Financial Crisis

Chevapatrakul, Thanaset - 2013

In this paper, we empirically analyze the effect of the credit crisis of 2008 by adopting coexceedance as a contagion measure. We assess the effect of news of governmental intervention and the collapse of firms during the period from 2007 to 2009 on the coexceedance. Our approach involves...

Persistent link: https://www.econbiz.de/10013087858

Heterogeneity of regional growth in the European Union

Wagner, Martin; Zeileis, Achim - 2012

This paper uses model-based recursive partitioning to study economic growth in the 255 European Union NUTS2 regions over the period 1995-2005. The starting point of the analysis is a human-capital augmented Solow-type growth equation similar in spirit to Mankiw, Romer, and Weil (1992). Initial...

Persistent link: https://www.econbiz.de/10009742607

Heterogeneity of regional growth in the European Union

Wagner, Martin; Zeileis, Achim - 2012

Persistent link: https://www.econbiz.de/10009724358

Local convergences and divergences in the European Union : an analysis of the process of integration

Bourdin, Sébastien - 2013

The measure of the regional disparities in the European Union was widely approached on the literature. Recent years have seen a spate of studies taking into account the spatial aspect of data in the analysis of convergence from an empirical viewpoint, or integrating spatial interdependencies...

Persistent link: https://www.econbiz.de/10011685300

Time Distance, Spatial Interactions Discontinuity and European Space Global Concentration

Virol, Stéphane - 2006

The spatial interactions between the areas express the existence of a spatial dependence also called autocorrelation. The modelization of these interactions requires the use of spatial weights matrix. In the literature, the matrix of adjacency and k-nearest neighbors are most usually used. We...

Persistent link: https://www.econbiz.de/10012778990

Enforcement of Excessive Price Competition Provisions in the Airport Sector : An Overview

Giannino, Michele - 2012

the traditional caution of competition authorities in starting investigations into exploitative practices. Yet in 2008 the … Italian Competition Authority (ICA) fined the managers of the airports of Rome (ADR) and of Milan (SEA) for excessive price …. The ICA decisions are well worth a careful reading in that in only a few cases acting competition authorities succeeded in …

Persistent link: https://www.econbiz.de/10013105401

Balancing competition and cooperation : evidence from transatlantic airline markets

Bilotkach, Volodymyr; Hüschelrath, Kai - 2015

implications for the balancing of competition and cooperation in transatlantic airline markets. … received approvals by public authorities to intensify their cooperation through to merger-like revenue-sharing joint ventures …-market fixed effects models, we find that joint ventures – compared to services with a lower degree of cooperation – lead to a 3 …

Persistent link: https://www.econbiz.de/10011316436

Balancing Competition and Cooperation : Evidence from Transatlantic Airline Markets

Bilotkach, Volodymyr - 2015

implications for the balancing of competition and cooperation in transatlantic airline markets … received approvals by public authorities to intensify their cooperation through to merger-like revenue-sharing joint ventures …-market fixed effects models, we find that joint ventures – compared to services with a lower degree of cooperation – lead to a 3 …

Persistent link: https://www.econbiz.de/10013015320

Europe's Revolving Doors : Import Competition and Endogenous Firm Entry Institutions

Lastauskas, Povilas - 2013

influence on political decisions. This paper analyses the relationship between firm entry institutions and import competition …

Persistent link: https://www.econbiz.de/10013071975

Europe's Revolving Doors : Import Competition and Endogenous Firm Entry Institutions

Lastauskas, Povilas - 2015

influence on political decisions. The paper analyses relationship between firm entry institutions and import competition inside …

Persistent link: https://www.econbiz.de/10013035008