Industrial Organization Commons^™

Technical Appendix To Supranational Agency: A Solution For Conflict In International Mergers?, Poonam Mehra

Poonam Singh Mehra

This note includes the general model and technical proofs of the paper titled “Supranational Agency: A Solution for Conflicts in International Mergers”. This paper develops a two Country three Firm model to compare the possibilities of conflict between competition authorities of different countries over the review of a merger under different welfare standards: national, consumer, and global. Use of transfer payment under the global welfare standard to ensure a conflict free efficient outcome is also explored.

Radiografía De La Brecha Digital En Chile: ¿Se Justifica La Intervención Del Estado?, Claudio A. Agostini, Manuel Willington

Claudio A. Agostini

En las últimas décadas la aceleración del desarrollo de las tecnologías de información y comunicación —en particular de Internet y el acceso a través de conexiones de banda ancha— ha generado transformaciones importantes en las sociedades. Sin embargo, especialmente en los países subdesarrollados y en desarrollo, el acceso a estas tecnologías y a sus beneficios no es parejo y hay diferencias significativas entre distintos grupos de la población. Esta llamada "brecha digital" ha llevado a muchos países, y Chile no ha sido la excepción, a preocuparse de promover el acceso a estas tecnologías. Así, hace ya varios años se crearon …

Costly Research Joint Ventures: The Role Of Coordination Costs, Rod Falvey, Joanna Poyago-Theotoky, Khemarat Talerngsri Teerasuwannajak

Joanna Poyago-Theotoky

We consider a simple oligopoly model where firms engage in cost-reducing R&D and compare two R&D regimes: R&D competition and R&D cooperation where firms can enter in a Research Joint Venture (RJV). We introduce coordination costs for the RJV and examine how these affect the equilibrium outcomes. Further, we address the question of the equilibrium versus the optimal size of the RJV. For a given size of the RJV, its members decrease their own R&D as the anticipated coordination costs increase. This results in lower output and profits. On the contrary, the non-RJV firms increase their R&D in response to …

Demutualization Of Stock Exchanges, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Licensing And Patent Protection, Aniruddha Bagchi, Arijit Mukherjee

Aniruddha Bagchi

Exports And Productivity Selection Effects For Dutch Firms, Henk Lm Kox, Hugo Rojas Romogosa

Henk LM Kox

El Mercado De Valores Chileno: Análisis Y Propuestas En El Ámbito Tributario, Claudio A. Agostini, Carlos Budnevich

Claudio A. Agostini

A partir de un marco tributario que considera tanto los objetivos de la política tributaria de un país como sus efectos, en este trabajo se analizan los distintos impuestos que afectan al mercado de capitales en Chile. Dicho análisis, junto a una exhaustiva revisión de la literatura económica en este tema, tanto teórica como empírica, dan lugar a un conjunto de propuestas que permitirían reducir las potenciales distorsiones que introducen los impuestos en el mercado de valores en Chile actualmente, y que harían más eficiente su funcionamiento.

Evaluating Reforms In Canadian Chicken Marketing Mechanisms Using A Linear-Quadratic Inventory Model, Abdessalem Abbassi, Jean-Philippe Gervais

abdessalem abbassi

Marketing institutions in supply managed industries are evolving due to broad globalization pressures. The output and sales decisions of chicken processing firms under two different pricing mechanisms are modeled using a linear-quadratic inventory model. Decision rules lead to structural equations that relate output and sales to their own lagged values, lagged inventories and lagged prices and cost indicators. A Generalized Method of Moments (GMM) estimator is applied to the system of equations. The null hypotheses no adjustment costs in processing and no role for inventories in marketing are rejected. We simulate the impacts of reforming the chicken pricing mechanism, moving …

Employee Voice And Intent To Leave: An Empirical Evidence Of Pakistani Banking Sector, Ahmed Imran Hunjra, Muhammad Asghar Ali, Muhammad Irfan Chani, Hashim Khan, Kashif Ur Rehman

Muhammad Irfan Chani

A Note On Causal Relationship Between Fdi And Savings In Bangladesh, Mohammad Salahuddin, Muhammad Shahbaz Shahbaz, Muhammad Irfan Chani

Muhammad Irfan Chani

This paper aims to investigate the causal relationship between foreign direct investment and gross domestic savings in Bangladesh over a period of 1985-2007. In doing so, Johansen cointegration technique and error correction methods are employed to examine the long run and short run relationship between foreign direct investment and gross domestic savings. To determine the direction of causality, we used innovation accounting approach. Results suggest that there exist bi-directional causal relationship between foreign direct investment and gross domestic savings but the movement is stronger from domestic savings to foreign direct investment. The result also implies complimentary relationship between them and …