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The focus of this paper is to analyze the evolution of spatial distribution of aggregate economic activity in the European Union during the period 1980-2002. The proposed methodology has as basis to incorporate, systematically, both the distance and the spatial interdependence among the analyzed...
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The choice of a particular technology when there is a set of them available to firms has not appeared in the R&D literature yet. We show some examples and present a model in which firms choose their technologies from a continuum of available profiles and the resulting spillovers depend on the...
Persistent link: https://www.econbiz.de/10005561409
In this paper we measure the pricing to market for the main export products in the Eurozone automobile industry. Results reveal that significant markup adjustments exist following exchange rate variations. In general, these adjustments allow a strong stabilization of prices in buyer's currency...
Persistent link: https://www.econbiz.de/10005715128
The authors attempt to highlight the effects of the recent surge of FDI in the enlargement states on domestic investment and growth. A similar analysis is carried out for the EU-15 in order to ascertain whether this type of capital inflow has a differential impact in these two regions of the...
Persistent link: https://www.econbiz.de/10005315374
We study a nontournament R&D duopoly. Before the standard R&D investment and quantity-setting stages, we consider a stage in which firms choose their R&D technologies. Spillovers negatively depend on R&D technology differentiation. We show that, in equilibrium, firms will choose identical or...
Persistent link: https://www.econbiz.de/10005315535
In this paper, we investigate the linkages between inward foreign direct investment and imports in Spain. We show that FDI in this country has be reater imports. A cointegration analysis in a multivariate VAR model is applied for Granger temporal causality testing. The strength and direction of...
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