Rapid economic growth in China has boosted its demand for commodities. At the same time, many commodity sectors have experienced declining demand from high-income northern economies. This paper examines two hypotheses of the consequences of this shift in final markets for the organization of...

Im Zuge der Umstellung der Datenquellen der Clusterstatistik von der Klassifikation der Wirt-schaftszweige, Ausgabe 2003 (WZ 2003), auf die Klassifikation der Wirtschaftszweige, Aus-gabe 2008 (WZ 2008), wurde eine Neuzuordnung der aktuellen WZ 2008-Wirtschaftszweige zu den Branchen des Clusters...

"A bidding process can be organized so that offers are submitted simultaneously or sequentially. In the latter case, potential buyers can condition their behavior on previous entrants' decisions. The relative performance of these mechanisms is investigated when entry is costly and selective,...