Firm inventory behavior and the returns from highway infrastructure investments
Article Abstract:
A hypothetical debate is introduced; according to which money invested in highway development boosts productivity, and provides overall transportation benefits that reduce a firm's stock level. However, it is found that actual annual returns from highway investments dropped during the 1980s and 1990s, partly due to huge investments in the implementation of unproductive transportation schemes.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2004
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On the profitability of collusion in location games
Article Abstract:
An analysis of collusion in markets with spatial competition is presented, by placing emphasis on the case of pure location choices. According to the analysis, collusion can be profitable only if the coalition contains more than half of all players.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2003
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Outsourcing business services and the role of central administrative offices
Article Abstract:
An empirical testing to identify the influence of Central Administrative Office (CAO) on the efficiency of firms is performed. Explanation of its relation to a firm's cost-effectiveness in procuring business services is given.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2003
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