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.

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.

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.

Banking industry

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