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This paper develops a theory to illustrate the relationship between the profitability of firms producing along the value chain and the sequential production stages. Using a bilateral monopoly framewor...
The dynamics of the corporate-level performance growth can reflect the pattern of the firms’ reaction at the financial crisis moment. We employed the generalized metafrontier Malmquist productivity in...
The paper empirically analyses the long run relationship between agricultural performance and the carbon dioxide emission in Turkey by using the annual data covering 1968–2010. The Bounds test approac...
The paper complements a new line of research that includes the firm heterogeneity in trade models. The central idea of this research is that only the largest and most efficient firms are capable of ex...
The paper first adopt the BDS test to show that the BDS statistics of the time series of typhoons is a chaotic behaviour while the associated rice damage is random. The authors’ investigations show th...
This paper re-examines the effects that adoption of the International Financial Reporting Standards (IFRS) has had on financial reporting of French listed firms. By analysing the 2004 financial statem...
Although a considerable body of literature has examined the determinants of farm production, little is known about the role of the farmers’ pension program. This study contributes to this knowledge ga...
Hunger and poverty are main critical issues in less developed countries (LDCs) and can be attributed to the fact that almost 70% of the LDC populations are employed in the agricultural sector. Althoug...
Th e quantile autoregressive distributed lag model of Galvao et al. (2013) was employed to assess the impact of price realization on India’s tea export. Th e results of the QADL varied signifi...
This article shows that mergers between close competitors in the music radio industry lead toimportant changes in product positioning. Firms that buy competing stations tend to differentiatethem and, ...
Sellers of perishable goods increasingly use dynamic pricing strategies as technology makes it easier to change prices and track inventory. This paper tests how accurately theoretical models of dynami...
We present experimental evidence that policies chosen by leaders depend on whether they were elected or appointed. Consistent with previous studies of the “dictator game”, we find that unitary polic...
To ascertain the prevalence of soft budgets and to find causes of softness, we surveyed Mongolian enterprises, asking whether state aid was expected when financial difficulties arose. One-quarter of t...
Using a dynamic, heterogeneous firms model with sunk costs of exporting we show that: (i) investment and entry into export markets is reduced when trade policy is uncertain and (ii) credible preferent...
Optimal Tariffs:The Evidence     Optimal Tariffs  The Evidence       2015/9/22
The theoretical debate over whether countries can and should set tariffs in response to the foreign export elasticities they face goes back to Edgeworth (1894). Despite the centrality of the optimal t...

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