We examine the economic justification for providing investment subsidies to foreign-owned multinationals. These provide employment opportunities and generate demand for domestic intermediate inputs, produced by domestic ...

The purpose of this paper is to test the nature of competition concerning price and capacity setting in the Norwegian airline industry after the deregulation in 1994. Did the two airlines, SAS and Braathens, compete on ...

This paper focuses on what the driving forces behind industry localisation in Europe are. Based on traditional as well as new trade theory and new economic geography our cross-sectoral empirical analysis seeks to explain ...

Rawls (1971,1993) suggests that interpersonal comparisons of well-being should be based on a primary goods index, but it is well-known that in general this approach is not compatible with the Pareto principle. This is ...

We study how work requirements can be used to target transfers to the long term poor. Without commitment, time consistency requires all screening measures to be concentrated in the first phase of the program. We show ...

Despite the large degree of plant-specific heterogeneity in turnover patterns recently found in the gross job and worker literature, very little is known about the sources of the heterogeneity in plant level employment policies. ...

This paper uses a full-scale CGE-model - calibrated on 1992 data - to investigate the effects of European integration on the location of industrial production. Our results reveal large differences among individual ...