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681 results, from 631
Diskussionspapiere 295 / 2002

Managerial Incentives, Innovation and Product Market Competition

This paper investigates the strategic value of the managerial incentive scheme in affecting firms' incentive in R&D investment and their product market activities. Firstly, we find that in Cournot-quantity competition, owners strategically assign a non-profitmaximization objective to their managers. Consequently, managers in a delegation game invest more in cost-reducing R&D, and have higher output, ...

2002| Zhentang Zhang
Diskussionspapiere 286 / 2002

German Exports to the Euro Area

The growth of the German economy intrinsically depends on the development of German exports to the euro area, which is by far the biggest market for German products. The paper estimates a structural equation for the export demand from the EMU member countries, which is suitable for both simulations and short-term forecasts. However, the equation systematically underestimates the export demand for data ...

2002| Sabine Stephan
Economic Bulletin 8 / 2002

The InnoRegio Programme: Implementing the Promotion and Developing the Networks

2002| Alexander Eickelpasch, Martina Kauffeld, Ingo Pfeiffer
Externe referierte Aufsätze

Vertical Integration and Market Foreclosure with Convex Downstream Costs

In a framework with an upstream monopoly and a downstream duopoly, we analyze the impact of convex costs at the downstream level. In contrast to the case of constant marginal costs, vertical integration does not imply complete market foreclosure. While the nonintegrated downstream firm receives a strictly positive amount of the intermediate good, the downstream allocation is inefficient. However, a ...

In: Journal of Economics 75 (2002), 2, S. 125-135 | Pio Baake, Ulrich Kamecke, Hans-Theo Normann
Weitere Aufsätze

The Internet's Impact on the Market for Antiquarian Books: Some Unexpected Empirical Results

In: Thorsten Wichmann (Hrsg.) , Economics and the Internet II
Berlin : Berlecon Research
S. 59-63
| Björn Frank, Guntram R. M. Hepperle
Vierteljahrshefte zur Wirtschaftsforschung 2 / 2001

Sunk Costs, Managerial Incentives and Firm Productivity

In this paper, we use a production function approach to examine the impact of ownership concentration, product market competition and financial pressure on German firm productivity. Additionally, we are interested in the influence of ownership identity and changes in ownership structure. We also test whether the specificity of assets affects productivity performance. Based on a panel of 361 German ...

2001| Alexandra Groß-Schuler, Jürgen Weigand
Vierteljahrshefte zur Wirtschaftsforschung 2 / 2001

Corporate Governance Transformation in Transition Economies: Evidence from Bulgaria

The paper presents study of corporate governance evolution in Bulgaria and its convergence to EU structures. The author discusses the traditional approach to separation of ownership and control in transition economies and modern ideas about the need for changing corporate governance paradigm. The study analyses main ownership and control structures in the Bulgarian industry and specific property-rights ...

2001| Evgeni Peev
Monographien

Ranking Ad Valorem and Specific Tariffs under Imperfect Competition

Odense: Univ. of Southern Denmark, Dept. of Economics, 2001, 12 Bl.
(Economic Discussion Papers ; 2001,3)
| Jan Guldager Jörgensen, Philipp J. H. Schröder
Diskussionspapiere 260 / 2001

Vertical Integration and Market Foreclosure with Convex Downstream Costs

In a framework with an upstream monopoly and a downstream duopoly, we analyze the impact of convex costs on the downstream level. In constrast to the case of constant marginal costs, vertical integration does not imply complete market foreclosure. While the nonintegrated downstream ¯rm receives a strictly positive amount of the intermediate good, the downstream allocation is ine±cient. However, a parametrized ...

2001| Pio Baake, Ulrich Kamecke, Hans-Theo Normann
681 results, from 631
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