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We analyze non-cooperative commodity taxation in a symmetric two- country trade model characterized by monopolistic competition and inter- national firm and capital mobility. In this setting, taxes in one country affect foreign welfare through the relocation of mobile firms and through changes...
Persistent link: https://www.econbiz.de/10010321654
For more than 150 years, many economists have assumed public subsidies on higher education to have a regressive distributional effect. The German debate on this issue is kept alive by many empirical studies. Most of them confirm the thesis of a \"perverse distribution of income\" (Milton...
Persistent link: https://www.econbiz.de/10010321655
In standard models of New Economic Geography the overall regional price index in the centre is lower than in the periphery, because trade in manufacturing imposes transportation costs whereas trade in agriculture is assumed to be costless. Since real world observations suggest higher overall...
Persistent link: https://www.econbiz.de/10010321657
In this paper we analyze the political economics of different strategies to implement revenue neutral reforms of a complicated income tax system ('tax-cut-cum-base-broadening'). We set up a straightforward social choice model where individuals initially have two deduction possibilities from the...
Persistent link: https://www.econbiz.de/10010321658
This paper develops a proposal for an international multilevel competition policy system, which draws on the insights of the analysis of multilevel systems of institutions. In doing so, it targets to contribute bridging a gap in the current world economic order, i.e. the lack of supranational...
Persistent link: https://www.econbiz.de/10010321667
The need for management of the marine ecosystem using a broad perspective has been recommended under a variety of names. This paper uses the term Ecosystem Management, which is seen as a convergence between the ecological idea of an organisational hierarchy and the idea of strategic planning...
Persistent link: https://www.econbiz.de/10010321673
Advances in competition economics as well as in computational and empirical methods have offered the scope for the employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is, nevertheless, still a very young and innovative instrument...
Persistent link: https://www.econbiz.de/10010321675
) size, as the attribute that determines the predator-prey interaction, (ii) mass balance in the predator-prey allocation …, and (iii) mortality and somatic growth as a consequence of the predator-prey allocation. By incorporating additional …
Persistent link: https://www.econbiz.de/10010321679
Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect reduces welfare by enabling firms to charge prices above marginal costs, whereas the procompetitive efficiency effect increases welfare by reducing the costs of production...
Persistent link: https://www.econbiz.de/10010321682
mergers and economic theory, moreover, demonstrates that privately unprofitable mergers can be the result of rational action …
Persistent link: https://www.econbiz.de/10010321686