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We provide the first theoretical analysis of the effects of alternate forms of taxation on economic growth in a dynamic model with multiple regions. The regions are heterogeneous but, in each region, consumers have constant relative risk aversion preferences, there is no growth in the stock of...
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from the Community Innovation Surveys (CIS) for 2000 and 2002, produced by the Spanish National Statistics Institute (INE …
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This paper explores cross-country differences in unemployment and innovation patterns from the perspective of … unemployment and innovation within two alternative scenarios: firms coordinating through either market mechanisms or social … responses to competitive pressure. Higher unemployment may result as a consequence of specialization along innovation …
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The competition between firms from developed (DC) and less developed countries (LDC) is typically in vertically differentiated products. We consider a model of price competition between DC and LDC firms with quality choice and imitation, and study the effects of ex post tariffs. The government...
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