174 research outputs found

    Proton induced thermal stress-wave measurements using a Laser Doppler Vibrometer

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    Abstract.: Thermal stress-waves are generated in the solid target material when the proton beam interacts. These stress waves excite natural oscillations of the target or cause plastic deformations. Hence, an experimental setup with a laser Doppler vibrometer [CITE] was developed to investigate free surface vibrations of cylindrical targets. The target configurations for RIB and conventional neutrino beams (CNGS project) were investigated to analyze proton induced thermal stress-wave generation and propagatio

    Bailouts in a common market: a strategic approach

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    Governments in the EU grant Rescue and Restructure Subsidies to bail out ailing firms. In an international asymmetric Cournot duopoly we study effects of such subsidies on market structure and welfare. We adopt a common market setting, where consumers from the two countries form one market. We show that the subsidy is positive also when it fails to prevent the exit. The reason is a strategic effect, which forces the more efficient firm to make additional cost-reducing effort. When the exit is prevented, allocative and productive efficiencies are lower and the only gaining player is the rescued firm

    Foreign Direct Investment and Economic Integration

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    Foreign direct investment and economic integration

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    In this paper, we explore the role of foreign direct investment (FDI) on the competitiveness of emerging economies and economic integration. We structure the paper as follows. Following this Introduction (Section I), in Section II, we assess briefly and critically extant theories of FDI and the MNE. In Section III, we critically assess competitiveness and catching-up theory and policy and the role of FDI in this context. Section IV sets off from limitations of extant scholarship identified in the previous section to develop a novel framework for competitiveness and catching-up and discuss the role of FDI, clusters and government policy in its context. Section V discusses ways through which emerging economies can effect economic integration through enhanced competitiveness and accelerated catching-up, by leveraging strategies informed from recent developments on scholarship in International Business (IB) strategy. Section VI summarizes and concludes
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