Results 261 to 270 of about 5,081,412 (299)

Trade and Dynamic Efficiency

Kyklos, 1987
This paper studies possible impacts of international trade on domestic innovative activity. In the light of Schumpeterian ideas of dynamic efficiency, observed evidence of a positive relationship between static efficiency and trade may be undesirable. The paper examines the question by means of an econometric analysis of a huge data set of individual ...
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On the efficiency of fair trade

Review of Social Economy, 2006
Abstract This paper uses competitive equilibrium theory to analyze the economic efficiency of international “fair trade” between ethical consumers and low-income producers. The main analytical innovations are the reconsideration of the labor supply decision in a state of Keynesian involuntary unemployment as a choice between work and, not leisure, but ...
exaly   +2 more sources

Efficient trading with restriction

Review of Economic Design, 2009
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Lu, Hu, Wang, Yuntong
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The Economic Efficiency of Sunday Trading Restrictions

The Journal of Industrial Economics, 1987
Restriction of shop opening hours is current, but controversial, pr actice in Britain and much of Europe. The economic case presented for such restrictions is that, given the constraint that individual shop s may not vary their price by time of day, competitive pressures woul d induce excessive opening at times when high costs would be incurred , such ...
Kay, J A, Morris, C N
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Economic Performance, Trade Restrictiveness, and Efficiency

Review of Development Economics, 2003
AbstractThe paper addresses the question of whether trade restrictiveness impacts economic performance, via a trade restrictiveness index that is decomposable into a trade distortion and a domestic distortion component. The paper builds on the Anderson and Neary price index measure of trade distortion, in evaluating trade restrictiveness via a distance
Bureau, J.C., Chau, N.H., Fare, R., Grosskopf, S.   +3 more
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Measuring trade efficiency [PDF]

, 2005
In this paper we use the Data Envelopment Analysis (DEA) window method to compare trade efficiency for 16 OECD countries and for the time period 1996–2000. From the analysis we obtained the efficiency scores and the optimal output levels for inefficient countries for all years under consideration. Results drawn from the broadly used ratio analysis were
Halkos, George, Tzeremes, Nickolaos
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Intermediaries and Trade Efficiency

2005
Bargaining with bilateral asymmetric information is generally not efficient. In this paper, I develop a theoretical model to show that firms can recapture trade efficiency and avoid this surplus loss by adding an intermediary to the trading mechanism.
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Options Trading and Firm Investment Efficiency

SSRN Electronic Journal
AbstractWe examine the effect of options trading on an optioned firm's investment decisions. We find that active options trading improves an optioned firm's investment efficiency, and that this effect holds under several alternative empirical specifications and identification strategies, including fixed‐effects models, different matching methods, an ...
Charles Hsu, Junqiang Ke, Zhiming Ma, Lufei Ruan   +3 more
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Trade and transport efficiency

2006
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The Efficiency of Decentralized Trading

2005
This note extends previous convergence results for dynamic matching and bargaining games to asymmetric information and extreme bargaining power. In a decentral market heterogeneous traders are pairwise matched and sellers make take-it-or-leave-it offers. Traders have a finite life expectancy, exiting the market with a constant hazard rate d.
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