Modeling Inter-Korean Economic Integration

Relationship between Economic Integration and Business

One of the basic tenets in recent international trade literature is about the effect of trade integration on business cycle synchronization (BCS) among trading countries. The objective of this paper is to explore the main determinants of business cycle synchronization, with emphasis on trade integration. To this end, we have specified two simultaneous regression equations which were estimated b...

Economic Integration and Redistribuitive Taxation Economic Integration and Redistributive Taxation *

We set up a simple political economy model where economic integration raises the profitability of multinational firms. In this setting redistributive taxation may rise following economic integration, if the effects of the widened income gap dominate the higher excess burden of the tax.

Economic Integration , Inter - and Intra - Industry Trade : The Case of Sweden and the EC

Modeling Inter-Organizational Workflows

Inter-organizational cooperation has many facets. One of them is information system (IS) cooperation which is a process of performing pre-defined cooperative activities using computer technology. IS cooperation can be modeled and implemented in the form of inter-organizational workflows involving (typically) pre-existing information systems of the participating organizations. When participating...

Numerical modeling of economic uncertainty

Representation and modeling of economic uncertainty is addressed by different modeling methods, namely stochastic variables and probabilities, interval analysis, and fuzzy numbers, in particular triple estimates. Fo-cusing on discounted cash flow analysis numerical results are presented, comparisons are made between alter-native modeling methods, and characteristics of the methods are discussed.