نتایج جستجو برای: market integration

تعداد نتایج: 394564  

2015
Yanrui Wu

Electricity market integration in East Asia is an important component of the energy market integration (EMI) initiatives supported by the East Asian Summit (EAS) group. The objectives of this study are twofold, namely, a) to present a review of the trends in regional electricity market integration and b) to draw implications for electricity market development in the EAS area. Specifically, this...

Journal: :Economic Analysis and Policy 2021

This study empirically examines the impact of economic integration on stock market co-movements India with major Asian markets such as China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, and Thailand. We collect daily data indices from September 1999 to December 2017. The asymmetric generalised dynamic conditional correlation GARCH model is applied estimate time-varying correlatio...

2004
Hans Gersbach Armin Schmutzler

We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus replaced with a market with greater demand and greater firm number, training by each firm increases provided the two countries are sufficiently small....

Journal: Iranian Economic Review 2003

The purpose of this paper is to explain the causes of long-run movements in the parallel market premium in the pre-and-post revolution Iranian economy. The paper suggests that the premium is affected by both real and monetary shocks. Non-spurious co-integration results indicate that negative oil revenue shocks and a revolution-induced exogenous capital outflow caused the parallel market paralle...

2000
Linwood Pendleton Lance Howe

A significant proportion of deforestation in Latin America is caused by smallholders living at the frontier of modern rural markets. This paper develops a household model that examines the roles of market integration, subsistence, time preference, and non-timber forest uses in the household’s decision to clear forest for future agriculture. The model explores the possible impacts of development...

2008
Robert F. Bruner Wei Li Mark Kritzman Simon Myrgren

Beta, as measured by the Capital Asset Pricing Model (CAPM), is widely used for pricing stocks, determining the cost of capital, and gauging the extent to which markets are integrated. The CAPM model assumes that equilibrium conditions prevail. The choice of which market portfolio to use in the regression – the home country or global index – depends on the level of global market integration. We...

2009
Toshihiro Okubo Pierre M. Picard Jacques-François Thisse

We show that heterogeneous firms choose different locations in respond to market integration. Specifically, decreasing trade costs lead to the gradual agglomeration of efficient firms in the larger country where they have access to a bigger pool of consumers. In contrast, high-cost firms seek protection against competition from efficient firms by locating in the smaller country. However, when t...

نمودار تعداد نتایج جستجو در هر سال

با کلیک روی نمودار نتایج را به سال انتشار فیلتر کنید