Foreign-owned firms exhibit widely-documented productivity advantages over domestic firms. To interpret this stylized fact, we model the relationships between FDI flows and national productivity distributions across firms in an international oligopoly. Industrial structure is determined endogenously, and both greenfield- and acquisition-FDI are allowed for. The technology gap between firms interacts...
A series of previous papers demonstrate that there are no consequences from privatization in a mixed oligopoly when the government uses a subsidy to ensure first best. This conclusion depends upon the assumption that privatization results in a simultaneous move oligopoly. If instead privatization results in a public leader becoming...
This paper applies a model of complementary oligopoly and anticommons pricing to the market for intellectual property rights. The model evidences the interesting and often overlooked result that, in the market for complementary goods price coordination and monopolistic pricing do not necessarily represent inefficient equilibria, when compared to the alternative...
The main purpose of this paper is to show theoretical assumptions of a motivation for implementing subsidies for domestic firm being a part of an international oligopoly. The paper will present figures showing the level of the R&D subsidisation in the EU-countries as well as in the countries joining the...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/3949da/australia_freet) has announced the addition of the "Australia - Free-to-Air TV - Market Overview and Statistics" report to their offering. Although the TV's dominance as a mass communication education medium has been unsurpassed for many decades, the industry is now facing challenges...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/3cbe0d/australia_pay_tv) has announced the addition of the "Australia - Pay TV - Statistics - Subscribers Overview and Analysis" report to their offering. Although the TV's dominance as a mass communication education medium has been unsurpassed for many decades, the industry is now...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/ec501f/australia_broadc) has announced the addition of the "Australia - Broadcasting & Pay TV - Overview & Analysis - 2008" report to their offering. Although the dominance of FTA television as a mass communication medium has been unsurpassed for many decades, the industry...
Iron ore prices have recently been in the headlines, having jumped by 85 percent. This news is troubling, as such price increases threaten to raise steel prices, which will add to cost inflation and further undermine economic activity. Behind these price increases lies the unusual structure of the...
Reportlinker.com announces that a new market research report related to the Packaging industry is available in its catalogue. World Packaging Machinery Market http://www.reportlinker.com/p090625/World-Packaging-Machinery-Market.html This report analyzes the worldwide markets for Packaging Machinery in Millions of US$. The major product segments analyzed are Aseptic Packaging...
Taxicab Co-Op to File Application with Public Utilities Commission to Start First New Denver Taxi Company in over a Decade DENVER -- On July 1, the law governing entry into the Denver metro taxicab market changes drastically. In the most recent legislative session, the Colorado...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/2cf497/japanscan_market_r) has announced the addition of the "Japanscan Market Report: Ready-to-Drink Japanese Tea" report to their offering. Scope - The RTD Japanese tea market faced a slowdown in 2006 and 2007 after years of growth. ...
MERGERS AND ACQUISITIONS (M&A) ARE TRANSACTIONS OF GREAT SIGNIFICANCE, not only to the organizations involved, but also to their many stakeholders. The success or failure of such an undertaking can have enormous consequences for an organization's shareholders and lenders, employees, competitors, and community, as well as the...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c93388) has announced the addition of "Australia - Broadcasting & Pay TV - Overview & Analysis - 2007" to their offering. This report reveals that FTA television industry is now facing challenges from a number of fronts as incumbent broadcasters cling to...
Cincinnati, Ohio 'WHAT about that pillow?" I ask Standard Textile CEO Gary Heiman, pointing to an inviting cushion lying on a metal table amid a pile of multicolored scraps and samples. Heiman nods, and the grinning VP in charge of product development standing next to...
Kristin Shrader-Frechette. Taking Action, Saving Lives. Oxford: Oxford University Press, 2007. pp. xi, 2.99; $29.95. ISBN: 019532546X Kristin Shrader-Frechette is a prolific author who has written many books and over 350 scholarly articles that cross many disciplinary boundaries. Among the subjects her works have explored are risk, scientific...
TORONTO, ONTARIO, Mar 27, 2008 Marketwire via COMTEX -- Tonight, while Canadians settle down in front of their TVs, few will realize that a fierce battle is being waged over who will control what they get to see in their living-rooms in the future. ...
Axa Framlington manager Anja Balfour talks to Stephen Wilmot about why valuation is key to her investment philosophy. Stephen Wilmot The GBP150m Axa Framlington Japan fund boasts an excellent long-term track record. With returns of 166 per cent over the...
Ronald Goettler Carnegie Mellon and Brett Gordon Columbia. Discussant: Ana Aizcorbe. This paper proposes a model of dynamic oligopoly and applies it to the microprocessor industry. Our findings highlight the "competing-with-itself" aspect of being a monopolist of a durable good: the monopolist must innovate to stimulate demand through...
SIR, The Competition Commission's provisional decision on remedies has failed to address the pricing anomalies that were uncovered during the inquiry. The commission has found evidence that our members pay up to 16% more for goods than canbe extracted by the supermarkets. The scale of this imbalance makes...
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