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We examine duopolists that have convex production costs and locate under spatial price discrimination in anticipation of a merger. We show that the merger frequently results in locations that reduce social cost. This contrasts with the well-known result that with linear production costs the...
We apply Malmquist index to measure Environmental Total Factor Growth in a sample of 28 provinces and cities in China over the period 1992–2009 while the removal amount of COD and SO
is regarded as the output for the first time, and analyze the impact of regional economic...
It’s been suggested a number of times that the significance of the estimated coefficient of the spatial lag of the dependent variable may be the result of an omitted common factor which may be spatially correlated-see, among others, (Gibbons and Overman in J Reg Sci 52:172–191 2012 and Corrado...
The purpose of this paper is to extend the economic literature regarding the questions of (1) how consumers choose the size of their vehicles; (2) how privately optimal choices of vehicle size may diverge from socially optimal choices; and (3) how privately optimal choices can be better...
This paper analyzes asymmetric tax competition under formula apportionment. It sets up a model with multinationals where two welfare-maximizing jurisdictions of different size levy source-based corporate taxes and allocate taxes using the formula approach. At the Nash equilibrium, tax rates are...
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