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This study aims to empirically investigate the role of E-commerce (EC) on the trade impacts of COVID-19. To this end, we estimate gravity equations for bilateral trade among 34 reporting countries and their 145 partner countries during January–August in 2019 and 2020. Our major findings can be...
A reform of a pay-as-you-go social security in a one sector model makes the pensioners worse off and the working generations better off in the period of the reform (in a dynamically efficient economy without altruism). The observed reluctance across all age groups to support such reforms is...
This study considers strategic relations between corporate social responsibility (CSR) and privatization policy in a mixed duopoly. We investigate the impact of the order of sequential games and compare with simultaneous game to highlight the significant role of the foreign shareholding ratio of...
We analyze the endogenous choice of organizational form between a multidivisional form (i.e., M-form) and unitary form (i.e., U-form) in a multiproduct mixed duopoly. With managerial delegation in public and private firms, we find that if goods are substitutes (complements), choosing the M-form...
We analyze the endogenous choice of competition mode when asymmetric retailers engage in price discrimination and uniform pricing with upstream monopoly via a linear wholesale contract. In contrast to previous results, if the cost difference is sufficiently large between asymmetric retailers,...
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