International Review of Economics
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The value of rents and the likelihood of conflicts
International Review of Economics - Tập 56 - Trang 163-173 - 2009
This paper extends the prey–predator model of Grossman and Kim (J Political Econ
103:1275–1288, 1995) to analyze the relation between the value of a contested
rent and the emergence of conflict. We show that an increase in the value of the
rent makes a conflict equilibrium more likely. We also analyze the case where
the valuation of the rent is different for the two players. We find, for
example, ...
Individual and social fides: the contribution of Reformation to the ontology of economics
International Review of Economics - Tập 66 - Trang 293-304 - 2019
This essay wishes to address what is believed to be a central historical
crossroad that allowed the development of economics, and other social sciences,
in the modern era. Such development would not have been possible without the
transformation of the fundamental ontology through which European and Christian
societies understood the world around them and their own social structures. I
identify the...
How is aggregate household consumption affected jointly by longevity, pension, and aging? Theory and evidence
International Review of Economics - Tập 67 - Trang 499-512 - 2020
The effects of longevity and pension on consumption or savings are investigated
separately in previous studies. In this paper, we first construct a theoretical
model which shed light on explicit joint role of longevity at different age,
pension, and aging on aggregate household consumption. The testable implications
are provided by theoretical discussion and are supported by empirical results
base...
Remittances and disaggregated energy consumption in Bangladesh
International Review of Economics - Tập 67 - Trang 251-268 - 2019
We examine the long- and short-run causal relations between remittances and the
consumption of natural gas, electricity, petroleum, and coal for Bangladesh over
the period 1980–2016. We find that there are bidirectional long-run
cointegrating relationships between remittances and electricity consumption and
between remittances and natural gas consumption. At the same time,
a unidirectional long-ru...
Productivity and profitability analysis of large Italian companies: 1998–2002
International Review of Economics - Tập 56 - Trang 175-188 - 2009
The determinants of profitability and productivity for large Italian companies
operating in industrial sectors are investigated in this paper. Data were taken
from one of the most important Italian business surveys, and furthermore two
cross-section surveys for the years 1998 and 2002 are compared. The results
highlight the importance of financial management and organisational complexity
in order ...
Corruption in a neoclassical growth model with a non-convex production function: comment
International Review of Economics - Tập 59 Số 3 - Trang 315-319 - 2012
Causes and barriers to increases in economic freedom
International Review of Economics - Tập 64 - Trang 87-103 - 2016
We investigate the causes of increases in economic freedom by examining a cross
section of countries from 1990 to 2010 and examining factors that have
previously been associated with increases in freedom alongside other factors
which have been found to be important for growth. We find that higher initial
GNI per capita is associated with larger subsequent increases in economic
freedom and countrie...
Wage inequality in developing countries: South–South trade matters
International Review of Economics - Tập 58 - Trang 359-383 - 2011
The relationship between trade liberalization and inequality has received
considerable attention in recent years. The major purpose of this study is to
present new results on the sources of wage inequalities in manufacturing taking
into account South–South (S–S) trade. Globalization has not only lead to
increasing North–South (N–S) trade, but it has also changed the direction and
composition of tr...
Corporate governance in family-controlled firms in Taiwan
International Review of Economics - Tập 54 - Trang 176-193 - 2007
This paper examines the effects of ownership structure and board characteristics
on performance in publicly traded Taiwanese firms that are controlled by
founding families. Results show that when shares are owned by institutional
investors, particularly foreign financial institutions, firms perform better.
However, where families are the major shareholders, this is not the case. In
addition, board...
Reciprocity in the shadow of threat
International Review of Economics - Tập 55 - Trang 91-111 - 2007
This paper considers a partial equilibrium model of conflict where two agents
differently evaluate a contested stake. Differently from common contest models,
agents have the option of choosing a second instrument to affect the outcome of
the conflict. The second instrument is assumed to capture positive investments
in ‘conflict management’—labeled as ‘talks’. The focus is on the asymmetry in
the e...
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