The new institutional economics and the theory of the firm

Article Abstract:

Research describing a novel, neoinstitutional model of the firm is presented. By rejecting some of their anomalous assumptions, the model more accurately mirrors the real world than the traditional neoclassical or hybrid models.

Author: Furubotn, Eirik G.
Economic research

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Mode, size, and location of foreign direct investments and industry markups

Article Abstract:

Research describing the effects of inward foreign direct investment is presented. In particular the effects of investment mode and size and geographic location as measured by price-cost markup are investigated.

Author: Chung, Wilbur
Competition (Economics)

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The timing of foreign direct investment under uncertainty: the evidence from the Spanish banking centre

Article Abstract:

Research describing the timing of foreign direct investment is presented. In particular a model of ownership advantages in the banking sector and its application to the entry of foreign banks into Spain is investigated.

Author: Blandon, Josep Garcia
Banking industry

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Subjects list: Models, Organizational change, Organizational research, Rational expectations (Economics), Research, Foreign investments
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