It is vividly debated how the ongoing process of European integration will a¤ect the need and scope for welfare state activities. To some this process signals that welfare state activities have to be rolled back, while others stress that international integration may increase the need for (explicit or implicit) social insurance arrangements. This paper discusses these issues by first considerin...

This paper discusses the impact of foreign direct investment (FDI) on market entry and welfare in a model of two countries and two periods. In the first period, firms enter the market as national firms, in the second period, FDI is possible. The paper demonstrates that FDI reduces market entry because equilibrium profits in the second period decline with a decrease in the fixed cost of FDI. The...

Aim/purpose – The purpose of this paper is to analyze regional trade integration 10 Central and Eastern Europe countries (CEE-10) during the 2004-2018 period, identify regional- country-level patterns attribute them potential causes indicated by literature. Design/methodology/approach employed literature-based indicators data on CEE-10 in goods conducted a review empirical studies investigating...

Nowadays, the world economies are rapidly moving towards being more Knowledge-based Economy (KBE) and supporting the force of knowledge as a vital component of economic growth. This recent acceleration in the transition to Knowledge-based Economy in the world, has affected regional economic performance. In this paper, we surveyed the regional convergence in Knowledge-based Economy for selected ...

Western diets are dominated by the consumption of chemically modified foods, characterized a deficiency n-3 polyunsaturated fatty acids (PUFAs). Lack PUFAs is also present in livestock feed, which negatively affects health, including immune response, and results low content animal products. The goal this experiment was to study effect addition feed containing produced fungus Mortierella alpina ...

The present paper thoroughly explores second-best efficient allocations in an adverse selection insurance economy. We start from a natural extension of the classical model, assuming less than perfect risk perceptions. We propose first and second welfare theorems, by means of which we describe efficiencyenhancing policies. Notions of weak and strong adverse selection are promising for interpreti...

â â â â â â â â â â â â â â â  â  abstract â  the effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from fdi, and plays an important role in economic development of host countries. based on the analysis framework for technology spillovers established by borensztein et al. (1998), this paper will analyse and try to figure out th...

t his paper investigates the gain of bilateral trade between china and u.s. in manufacturing sectors when both countries play a role in asymmetric (biased) growth of  international trade. our model includes a special case of biased growth theory in international trade. we collected labor productivity, export and import data by using classification of manufacturing industries, for u.s. and china...