International Advances in Economic Research

Professional publication covering economics research worldwide.

Articles from Vol. 13, No. 1, February

Entry Deterrence and Entry Accommodation Strategies of a Multiproduct Firm Regulated with Dynamic Price Cap
Abstract In this paper we study the way a multiproduct firm, regulated through a dynamic price cap, can develop a price strategy that uses the regulatory policy to deter entry. We consider a firm that initially operates as a monopolist in two markets...
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Fairs and Markets in Galicia in the Late Eighteenth Century
Abstract This paper analyses the progressive unification of the domestic market during the eighteenth century by three means. First, the intensification of commercial trade, due to the increase of authorized fairs and street markets; secondly, the...
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Information Disclosure Policies: When Do They Bring Environmental Improvements?
Abstract There has been a growing interest among policy makers on the use of information disclosure policies for pollution control. This paper theoretically assesses the consequences of information disclosure policies and identifies the conditions...
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Is There Ingroup Favoritism in the NBA?
Gramm and Schnell (1994. Difficult choices: Crossing the picket line during the 1987 National Football League strike. Journal of Labor Economics, 12(1), pp. 41-71. January) found that NFL strikers in 1987 were more likely to cross the picket line when...
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Rates of Return Analysis: Examples from the Warsaw Stock Exchange
JEL C10 The rates of return and risk measures are the most important characteristics that describe the financial instruments, thus, they are analyzed by investors. In this paper, logarithmic rates of return evaluated for selected securities in years...
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The Determinants of Tying Litigation, 1961-2001
Abstract The idea that changes in Supreme Court decision rules should have measurable effects on the volume of cases litigated has a compelling plausibility, and several models of litigation predict this result. The prediction is a fragile one, however,...
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The Endogeneity of Optimum Currency Areas Criteria: Some Evidence from the European Union and Portugal
Abstract Observing the statistical relationship between business cycles correlation and trade intensity in the European Union, euro zone, and the Portuguese economy, we conclude that there is, in general, a positive effect that supports the endogeneity...
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Underpricing of Initial Public Offerings: The Case of Portugal
Abstract This paper analyzes the initial public offering (IPO) underpricing phenomenon in Portugal. We show that the 'hot issue' market of 1987, coinciding with a speculative bubble in the stock market, is well explained by investor sentiment theories...
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Use Chinese Merchandise Trade Data with Caution
JEL F00 * F01 * F10 * F14 China's growth in merchandise exports of 28% in 2005 to $762.3 billion may be understated, while import growth of nearly 18% to $660.2 billion may be overstated. Chinese trade statistics differ significantly from what other...
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What Prevents Firms from Advancing in Their Environmental Strategy?
Abstract The aim of this paper is to analyze the determinants of the strategic environmental behavior of firms and, more specifically, the external and internal barriers that limit and sometimes even prevent the environmental adaptation. The analysis...
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