Showing 1 - 10 of 26
This paper investigates the existence and extent of economies of scale and scope among stock exchanges. Evidence from 38 exchanges in 32 countries and 4 continents around the world for the years 1989-1998 indicates the existence of significant economies of scale and scope. The degree of such...
Persistent link: https://www.econbiz.de/10005474810
We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade.
Persistent link: https://www.econbiz.de/10005663974
Traditional Trade models focus on aggregate and industry flows and usually ignore firm level factors. This paper presents a dynamic model of the export decision by a profit-maximizing firm.
Persistent link: https://www.econbiz.de/10005574281
This paper describes information exchange under the Sugar Institute, the trade association of U.S. domestic sugar cane refiners, between 1928 and 1936. The Institute collected production and delivery data from the individual firms and returned i t to them in aggregated form. Attempts to exchange...
Persistent link: https://www.econbiz.de/10005587255
A growing body of empirical work has documented the superior performance characteristics of exporting plants and firms relative to non-exporters. Employment, shipments, wages, productivity and capital intensity are all higher at exporters at any given moment. This paper asks whether good firms...
Persistent link: https://www.econbiz.de/10005587348
This paper was written to fill a void in our knowledge about the trade activity of foreign subsidiaries in Canada. The paper is split into two parts: the first presents an overview of foreign subsidiaries operating in Canada; the second concentrates on their trade activity, especially intrafirm...
Persistent link: https://www.econbiz.de/10005775781
While Germany has a very open, export-oriented manufacturing sector, to date there has been little or no research on the role of exporting in German firm performance. This paper documents the significant differences between exporters and non-exporters and attemps to identify the sources of these...
Persistent link: https://www.econbiz.de/10005749019
The purpose on this paper is twofold. First, we present an alternative model of agglomeration and trade that displays the main features of the recent economic geography literature while allowing for the derivation of analytical results by means of simple algebra. Second, we show how this...
Persistent link: https://www.econbiz.de/10005478915
This paper studies a strategic market game where agents fragment their bids on different markets. Simple conditions for existence of an interior equilibrium point are provided. In equilibrium, all agents are active on the same markets and prices are identical across markets, so that all...
Persistent link: https://www.econbiz.de/10005669218
We consider the effects of export restraints on price competition in the Hotelling model of horizontal product differentiation. We characterise the Nash equilibrium for all possible values of the quota and compare our results with those of Krishna. We show that a foreign producer would choose a...
Persistent link: https://www.econbiz.de/10005669245