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Competition Policy for High Technology Industries

Martin, Stephen - 2000

I model optimal product-market competition policy when industriesdiffer inthe potential for quality …-improving technological advance. In a two-periodmodel, a competition authority with limited resources administers adeterrence …-based competition policy toward two industries. In one oftheindustries, an incumbent firm chooses the level of resources toinvest in …

Persistent link: https://www.econbiz.de/10010324658

Social (In)Stability, Distributive Conflicts, and Investment in Poor and Rich Economies

Riedl, Arno - 1999

theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between …

Persistent link: https://www.econbiz.de/10010324659

A Decision Support System for Regional Sustainable Development: The Flag Model

Nijkamp, Peter; Ouwersloot, Hans - 1997

This paper presents a new approach to the analysis of spatial sustainability, with a particular view on agriculture. After a methodological introduction, a new tool - the so-called Flag model - is introduced in order to assess the degree of sustainability of various policy alternatives. The...

Persistent link: https://www.econbiz.de/10010324661

Cross- and Auto-Correlation Effects arising from Averaging: The Case of US Interest Rates and Equity Duration

Hallerbach, Winfried G. - 2000

differenced series we are interested in when estimatinginterest rate risk exposures e.g. This paperpresents a method to filter …

Persistent link: https://www.econbiz.de/10010324663

The Role and Evolution of Central Authorities

Frijters, Paul; Tieman, Alexander F. - 1999

In this paper we argue that authorities aid cooperation by means ofdirect coordination or the enforcement of re-commitment devices suchas contract laws.Credible threats of violence allow this role. In alocal interaction model, an authority forms if mutually connected individuals with sufficient...

Persistent link: https://www.econbiz.de/10010324664

The Right Man for the Job

Teulings, Coen N.; Gautier, Pieter A. - 2000

This paper describes a search model with a continuum of worker and job types, free entry and transferable utility. We apply a second-order Taylor expansion to characterize the equilibrium, derive the cost of search and show that it is decreasing in the substitutability of worker types. This cost...

Persistent link: https://www.econbiz.de/10010324665

The Political Economy of Regionalism

Goyal, Sanjeev; Staal, Klaas - 2000

We examine the incentives of regions in a country to unite or toseparate. We find that smaller regions have greater incentives tounite, relative to larger regions. We show, however, that on thewhole, majority voting on separation and union generates excessiveincentives to separate. This leads us...

Persistent link: https://www.econbiz.de/10010324668

Time Pioneers and Travel Behaviour: An Investigation into the Viability of Slow Motion

Baaijens, Sef; Nijkamp, Peter - 1997

This paper positions time in the centre of spatial economic analysis, with a particular view on transport behaviour. The conventional assumption is that there is for most people in our society a constant travel time budget, so that higher speeds tend to lead to longer travel distance....

Persistent link: https://www.econbiz.de/10010324669

Linear Quadratic Optimization for Models with Rational Expectations

Amman, Hans M.; Kendrick, David A. - 1997

In this paper we present a method for using rational expectations in a linear-quadratic optimizationframework. Following the approach put forward by Sims, we solve the model through a QZdecomposition, which is generally easier to implement than the more widely used method of Blanchardand Kahn.

Persistent link: https://www.econbiz.de/10010324670

Growth Empirics with Institutional Measures and its Application to Transition Countries: A Survey

Moers, Luc - 1998

Institutions are strikingly absent from most economic theory, certainly from growth theory.In standard theory it is …

Persistent link: https://www.econbiz.de/10010324671